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Reuters reported on precious metals trading as spot platinum rose 0.4 percent as Lonmin (LSE:LMI) closed the Marikana platinum mine.
Reuters reported on precious metals trading as spot platinum rose 0.4 percent as Lonmin (LSE:LMI) closed the Marikana platinum mine.
As quoted in the market news:
…spot platinum was up 0.4 percent at $1,396.49 an ounce and spot palladium was up 0.7 percent at $576.47 an ounce.
South African police ordered thousands of illegally striking miners armed with machetes and sticks to lay down their weapons and leave Lonmin’s Marikana platinum mine on Thursday or face an assault by security forces.