(Bloomberg) -- Platinum fell from a seven-week high
in New York as supply concerns diminished in South Africa, which
produces about 80 percent of the metal. Palladium was little
changed.
Most platinum companies in South Africa started biennial
salary negotiations last month. The National Union of
Mineworkers yesterday said it would respond today to an offer by
Impala Platinum Holdings Ltd., the world's second-biggest
producer. Anglo Platinum Ltd. increased a pay offer to try to
avert a strike last month.
Read more at Bloomberg Commodities News
in New York as supply concerns diminished in South Africa, which
produces about 80 percent of the metal. Palladium was little
changed.
Most platinum companies in South Africa started biennial
salary negotiations last month. The National Union of
Mineworkers yesterday said it would respond today to an offer by
Impala Platinum Holdings Ltd., the world's second-biggest
producer. Anglo Platinum Ltd. increased a pay offer to try to
avert a strike last month.
Read more at Bloomberg Commodities News
No comments:
Post a Comment