Platinum price spikes on lonmin strike
Industry stocks becalm platinum price as strike grinds on Apr 29, 2014 · Price spikes make it harder for consumers to budget and encourage substitution of cheaper metals, eroding long-term demand. The last time platinum prices jumped dramatically, to an all-time high of $2,290 an ounce in March 2008, the threat to … UPDATE 2-Protesters disrupt platinum producer Lonmin's ... May 11, 2017 · UPDATE 2-Protesters disrupt platinum producer Lonmin's operations in South Africa referring to a 2012 incident where police shot dead 34 Lonmin … Platinum price upturn needed to sustain industry – Lonmin An upturn in the platinum price is needed for the sustainability of the platinum industry as a whole, Lonmin CEO Ben Magara said on Friday. The head of the large London- and Johannesburg-listed Lonmin acts to offset two more years of weak platinum price
26 Apr 2019 offer for platinum miner Lonmin, citing an increase in metal prices since since the Lonmin deal was first announced, ranging from a spike in fatal about the company's debt levels and a damaging five-month strike at its
Industry stocks becalm platinum price as strike grinds on Apr 30, 2014 · * South African platinum miners' strike enters 4th month * Industry stocks still meeting need for metal LONDON, April 29 (Reuters) - Platinum's price stability in the face of the longest miners' strike in South Africa since the end of apartheid is testament to the industry's success in Industry stocks becalm platinum price as strike grinds on Apr 29, 2014 · Price spikes make it harder for consumers to budget and encourage substitution of cheaper metals, eroding long-term demand. The last time platinum prices jumped dramatically, to an all-time high of $2,290 an ounce in March 2008, the threat to … UPDATE 2-Protesters disrupt platinum producer Lonmin's ... May 11, 2017 · UPDATE 2-Protesters disrupt platinum producer Lonmin's operations in South Africa referring to a 2012 incident where police shot dead 34 Lonmin …
Platinum miners in South Africa go on strike | World news ...
Nov 02, 2015 · (Reuters) - Lonmin said on Monday its annual refined platinum output has hit an eight-year high, as it recovers from the lengthy strike at its South African mines last year, but said it still made Splits in AMCU union ahead of South Africa platinum strike
Industry stocks becalm platinum price as strike grinds on
Platinum Price May Outperform Gold and Silver As Strike In ... Oct 19, 2012 · » Platinum Price May Outperform Gold and Silver As Strike In South Africa Intensifies | Mining for Winners in Any Market. Platinum producers such as Lonmin who owns Marikana have had to deal with a low platinum prices and rising labor costs as platinum is $100 below the price of gold. Lonmin: Latest News, Photos, Videos on Lonmin - NDTV.COM Jun 27, 2015 · Miners must return to work on Monday or face being fired from the platinum mine where rivalry between unions exploded into violence that led to …
Feb 04, 2014 · Platinum pay strike costs South Africa R400-million a day. While lost revenue at Anglo American Platinum, Impala Platinum and Lonmin is about R200-million, the total cost to the country is
Lonmin wields the axe as platinum price dips | City Press Lonmin wields the axe as platinum price dips. wants 3 500 of its employees to accept voluntary severance packages to cut costs after the end of last year’s platinum strike coincided with a RPT-Industry stocks becalm platinum price as strike grinds ...
2014 South African platinum strike: longest wage strike in ...