Reuters reported South African police stopped ANC renegade Julius Malema from addressing striking miners on Monday in an effort to end the platinum miners strike.
As quoted in the market news:
The strife has cost the industry 4.5 billion rand ($548 million) in lost output, President Jacob Zuma said, as two mines reopened but there was still no end in sight to a deadly strike at world No. 3 platinum producer Lonmin in which 45 people have died.
“South African Platinum Supplies Are Declining. What Should Investors
Do To Profit From This Trend?”
Get the latest update on the platinum market. Click below
to get your FREE market report.