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.
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