South African Trade Deficit Expands

Bloomberg reported South Africa’s trade deficit grew unexpectedly in April on decreased export of precious metals, like platinum.

As quoted in the market news:

Impala Platinum Holdings Ltd. (IMP), the world’s second-largest platinum producer, on May 29 said output of the metal fell 46 percent because of a six-week strike. Last month’s decline in exports may widen the deficit in the current-account, the broadest measure of trade of goods and services, weakening the rand.

Click here to read the full Bloomberg report.

Get the Latest Platinum Investing Stock Information

Get the latest information about companies associated with Platinum Investing delivered directly to your inbox.

Agriculture
+ see more
Copper
+ see more
Gold Bullion
Gold Production/Mining
+ see more
Gold Project Generators
Gold Prospecting and Exploration
+ see more
Gold Resource Definition/Pre Feasibility
Gold Resource Expansion/Feasibility Study/PEA
Graphite Production/Mining
Graphite Prospecting and Exploration
Graphite Resource Definition/Pre Feasibility
Graphite Resource Expansion/Feasibility Study/PEA
Molybdenum
Silver $0-15m
Silver $15-50m
Other Companies
+ see more

Select All Select None

By selecting company or companies above, you are giving consent to receive email from those companies. And remember you can unsubscribe at any time.

Comments

Leave a Reply