Modikwa Announces Loss of 21000 Ounces Platinum

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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