PLATINUM AND CHROME
Weaker dollar platinum group metals (PGMs) and chrome prices in the three months to end March were partially offset by local currency decline which lifted the rand prices, JSE-listed and Cyprus-domiciled Tharisa reported on Thursday. The average PGM basket price for the quarter of $685/oz translated into a R984/oz-higher rand basket price of R10 849/oz for the integrated resources group that mines, processes, beneficiates and markets PGMs and chrome concentrate.
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