Resources Watch

17th April 2019

Resources Watch

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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