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    market news

    South African Stocks: BHP, Implats, Anglo American Fall

    Investing News Network
    Feb. 22, 2012 02:59PM PST
    Precious Metals

    Bloomberg reported platinum miners in South Africa fell on Wednesday as Implat (JSE:IMP) announced it may deliver 50% less mineral to customers.

    Bloomberg reported platinum miners in South Africa fell on Wednesday as Implat (JSE:IMP) announced it may deliver 50% less mineral to customers.

    As quoted in the market news:

    Impala Platinum Holdings Ltd. (IMP) , the second-biggest producer, fell for a second day, sliding 1.3 percent to 161.01 rand. Deliveries of the metal to customers may be about 50 percent less than usual at its largest mine, which remains closed after an illegal strike, the company said.

    Click here to read the full Bloomberg report.

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