An upturn in the platinum price is needed for the sustainability of the platinum industry as a whole, Lonmin CEO Ben Magara said on Friday. The head of the large London- and Johannesburg-listed platinum mining company said that although there had been a slight price recovery since November and that the exchange rate had helped a lot, platinum continues to be under stress. (Also watch attached Creamer Media video).
Source: www.engineeringnews.co.za
Platinum price upturn needed to sustain industry – Lonmin
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