| There is good news on the horizon for investors of platinum group metals (PGMs), though a reader has to scrutinize the fine print in the latest report from GFMS to find it. The GFMS team at Thompson Reuters released their annual GFMS Platinum Group Survey 2016 (registration required) last week.
In it, GFMS forecasts the platinum market will return to a small deficit in 2016 and the deficit in palladium will deepen, with the chief determinant of lowered supply for platinum being a reduction in mined metal. "There will be little addition from new projects in the development pipeline while the headwinds of mines' reduced capital spending is expected to start to weigh," say the report's authors...............................................Full Article: Source
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