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Safety Stoppages Slow South African Platinum Production
Dec. 12, 2011 02:07PM PST
Precious Metals InvestingReuters Africa reported Northam Platinum’s (PINK:NMPNY) only producing mine has been hit by several stoppages due to government safety inspections.
Reuters Africa reported Northam Platinum’s (PINK:NMPNY) only producing mine has been hit by several stoppages due to government safety inspections.
As quoted in the market news:
Analysts have speculated that a sharp fall in overall platinum production in South Africa in October was the result of increased stoppages related to surprise inspections as part of a government drive to boost safety.