No platinum surge despite 400 000 oz strike-related output loss - bank
Channel: Engineering News
Date: 2014-04-15

JOHANNESBURG (miningweekly.com) -- South Africa's Standard Bank estimates that about 670 000 oz of platinum-group metals (PGM) had been lost by the end of March as a result of protracted strike activity in the sector, with platinum comprising about 400 000 oz of that total and the balance made up of palladium (225 000 oz) and rhodium (54 000 oz).