South Africa’s Platinum Mining Industry Down 50 Percent

Mining Weekly reported 50 percent of South Africa’s increasingly fragile platinum mining industry was loss making under current prices.

As quoted in the market news:

The Chatham House Rule disallows the revelation of the identity and affiliation of the speakers, but allows what they say to be published in unattributed form to facilitate the bringing into the public domain of important information.

The rule was being evoked, the meeting was told, because of the sensitive nature of the contents under discussion.

Click here to read the full Mining Weekly report.