Commodity Trade Mantra

Posts Tagged ‘Platinum Mining’

Upcoming Labor Negotiations Might Boost Platinum, Copper Prices

The world’s #1 producing nations for platinum and copper are facing a common problem this week. And latest developments suggest this issue could be a potentially explosive one. The challenge is labor negotiations in the mining sector. Watch for the reaction of the unions to these offers, and for any signs of brewing unrest that could impact production in both of these critical countries.

Platinum Mine Strike To Spread As Second Union Joins

A South African strike that’s crippling output at the world’s three-biggest platinum producers may spread at Anglo American Platinum Ltd. as a second union plans to walk out of its refineries and smelters. South Africa’s platinum industry is losing an estimated $18 million daily.

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