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25th May 2012
GOLD 1573.24 $/oz
PLATINUM 1432.50 $/oz
R/$ exchange 8.42
R/€ exchange 10.52
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Strong poised to grow stronger as platinum industry mulls consolidation
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Address to refer:
http://www.miningweekly.com/article/strong-poised-to-grow-stronger-as-platinum-industry-mulls-consolidation-2008-10-03
Article Headline:
Strong poised to grow stronger as platinum industry mulls consolidation
Abstract:
On the one hand, the National Union of Mineworkers (NUM) president Senzeni Zokwana is calling for the creation of a State-owned platinum mining company, and on the other are an acquisitive Impala Platinum and an emerging Xstrata Resources, both keen to grow as share valuations decline and the platinum price stutters.
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