| At some stage, the South African platinum strike will end – probably sooner rather than later now government mediation is putting pressure on both sides to settle. The strike impact on the South African economy is significant. Global industry users of platinum group metals will, no doubt, breathe a sigh of relief and platinum group metal prices may fall back a little on the news when it comes.
But the strange thing is that platinum prices haven’t moved up at all due to the strike, despite the large percentage of global output affected. Indeed the metal’s price is currently some $20 an ounce lower than it was at the start of the strike back in late January!..............................................Full Article: Source
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