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    market news

    Modikwa Announces Loss of 21000 Ounces Platinum

    Investing News Network
    Apr. 10, 2012 01:54PM PST
    Precious Metals

    Reuters reported Modikwa platinum mine lost 21,000 ounces of industrial metals due to a strike.

    Reuters reported Modikwa platinum mine lost 21,000 ounces of industrial metals due to a strike.

    As quoted in the market news:

    Modikwa Platinum Mine, which is a joint venture between Anglo American Platinum and African Rainbow Minerals, on Tuesday said it had lost up to 21,000 platinum group ounces to a three-week strike at the operation.

    This equates to 6 percent of the mine’s 350,000-ounce annual platinum group metal production.

    Click here to read the full Reuters report.

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