Reuters reported the death of striking platinum miners is increasing the risks facing the sector as it grapples with low prices and rising costs.
As quoted in the market news:
The South African platinum industry has been hit by a wave of labor unrest, first at Implats’ Rustenburg operations at the start of this year and more recently at Lonmin, which led to police killing 34 striking miners in a hail of bullets last week.
The violent six-week strike at Rustenburg sliced 21 percent off the company’s production for the full year.
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.