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    platinum investing

    Lower Platinum Price Scaring Miners Into Self-Preservation Mode

    Written by Investing News Network
    |
    Oct. 06, 2011 02:33PM PST

    Mining Weekly reported the lower platinum price is scaring platinum-mining companies into self-preservation mode.

    Mining Weekly reported the lower platinum price is scaring platinum-mining companies into self-preservation mode.

    As quoted in the market news,

    Liberum Capital analyst Dominic O’Kane says in a note that the platinum-mining sector has become the first mining sector to fall below the marginal cost of production, against the background of the eurozone’s economic woes.

    Click here for the full Mining Weekly report.

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