Bloomberg reported that Northam Platinum Ltd shares dropped 6.7%, the most in nearly 7 months, after giving its rock drillers until tomorrow to report for duty or face dismissal.
As quoted in the company news:
The shares dropped as much as 6.7 percent, the biggest intraday decline since Sept. 21, and traded down 5.8 percent at 32.30 rand as of 4:36 p.m. local time.
There is no guide to gold that is more concise, clear and authoritative.Download our FREE Special Report, Is Gold a Good Investment? Gold Price Forecast 2015.