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South Africa Inspecting Platinum Mine Safety Stops
Jan. 27, 2012 01:53PM PST
Precious Metals InvestingReuters reported South Africa’s Chief Mine Inspector has set up a task team to review how and when platinum mines are shutdown due to safety concerns.
Reuters reported South Africa’s Chief Mine Inspector has set up a task team to review how and when platinum mines are shutdown due to safety concerns.
As quoted in the market news:
Lonmin, the world’s number 3 producer, lost 177,000 tonnes production to safety stoppages in its first quarter, more than eight times the level of a year earlier and threatening full-year targets. Anglo American’s Anglo Platinum last week voiced its concern about closures for inspections.