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    market news

    Safety Stoppages Slow South African Platinum Production

    Investing News Network
    Dec. 12, 2011 02:07PM PST
    Precious Metals

    Reuters 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.

    Click here to read the full Reuters Africa report.

    northam platinummarket news
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