Mineweb reported that Impala Platinum Holdings Ltd. (OTCMKTS:IMPUY) dropped to its lowest in almost 11 years due to a slump in prices of platinum.

As quoted in the market news,

Impala tumbled as much as 3.3 percent to 57.16 rand, the lowest since July 2004 and was 1.4 percent lower at 58.28 rand by 3:28 p.m. in Johannesburg, where it’s based. Platinum for immediate delivery fell 0.5 percent to $1,075.97 an ounce, extending this year’s decline to 11 percent and the lowest level since March 2009.

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