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market news

Platinum Mining Shares Dropped

Investing News Network
May. 24, 2012 03:49PM PST
Precious Metals Investing

Bloomberg reported platinum miners’ shares in South Africa dropped on Wednesday.

Bloomberg reported platinum miners’ shares in South Africa dropped on Wednesday.

As quoted in the market news:

The FTSE/JSE Africa Platinum Mining Index (JPLAT) fell 3.7 percent to 50.97 by the close in Johannesburg, its lowest level since March 2009. Lonmin Plc (LMI), the third-largest platinum producer, slid 5.1 percent to the weakest since December 2008. Impala Platinum Holdings Ltd. (IMP) retreated 3.9 percent.

Click here to read the full Bloomberg report.

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