Platinum Supply Beginning to Evaporate as 4th Largest Miner Suspends Ops

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The Contrary Investing Report > Commodities > Platinum

A BIG supply hit is on the way for platinum, as the world’s fourth-largest platinum miner announces it will suspend operations in South Africa: Aquarius Platinum said it would suspend operations at its Marikana operations in South Africa, citing low platinum prices, and said trading conditions in the industry were expected to remain difficult in […]

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Dr. Copper may get all the attention as a famed economic forecaster, but right now his poor cousin Dr. Platinum is attempting to drive its platinum dependent automobile straight off the nearest cliff! Platinum prices have been in complete freefall this spring: A spring to forget for platinum (Source: Barchart.com) A freefall which becomes especially […]

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