PALLADIUM
Record palladium prices and a weaker rand are lifting the gloom enveloping South Africa’s platinum industry. For South African producers, the rally in palladium is partially offsetting the slump in platinum prices to near a decade low. Combined with a decline in the rand, which lowers costs for miners selling metal for dollars, that’s extending a lifeline to companies such as Impala Platinum Holdings, Sibanye Gold and Lonmin.
This content is only available to subscribers.
Forgot your password? Click here
Don't have any login details?
Free Trial Access