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Reuters reported on precious metals trading as platinum outperformed gold on Tuesday following Lonmin’s (LSE:LMI) announcement it will shut down its mine.
Reuters reported on precious metals trading as platinum outperformed gold on Tuesday following Lonmin’s (LSE:LMI) announcement it will shut down its mine.
As quoted in the market news:
Platinum group metals outperformed gold after the world’s third-largest platinum producer, Lonmin shut its South African operations following violence caused by a feud between rival unions. Nine people were killed at its main mine.