Welcome to Creamer Media’s Resources Watch, a weekly video round-up of the events and people making and shaping the news in the mining industry.
This week:
South African platinum industry needs continuing collaboration
Rapidly rising costs will exacerbate PGMs industry crisis
And, Platinum demand investment reaps reward
The South African platinum industry is seeing a decline in production, especially in deep conventional mining
Impala Platinum mining executive Thabile Makgala:
Faster-than-inflation rising costs and a stall in revenue in the South African PGMs industry are exacerbating hardwired challenges that are already threatening nearly 90 000 jobs.
Minerals Council South Africa CEO Roger Baxter:
The best lever to stimulate platinum demand is platinum jewellery promotion, which provides the best return “by a country mile".
Amplats CEO Chris Griffith:
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