“South African output of platinum-group metals sank the most on record in May after a strike halted production at the world’s three biggest producers. A five-month strike by more than 70,000 miners at Anglo American Platinum Ltd., (AMS)Impala Platinum Holdings Ltd and Lonmin Plc (LMI) cost the companies 23.9 billion rand ($2.2 billion) in revenue and workers 10.6 billion rand in wages by the time it ended on June 24. The stoppage pushed South Africa’s economy into contraction in the first three months of this year as production plunged in the country that accounts for more than two-thirds of global mined supply of the metal.”
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
Report: NSA Mimics Google to Monitor "Target" Web Users
Puerto Rico’s Crisis Deals a Blow to Municipal-Bond Funds
Egypt protests galvanized by video of police beating naked man
Brezhnev Bonds Haunt Putin as Investors Hunt $785 Billion
U.S. spying still under shadow of Iraq intelligence failures
Dismantle the euro, says Nobel-winning economist who backed it
Short skirts, flashy cars, no burkas: Before Afghanistan plunged into hell
Man finds 300 pounds of marijuana stashed in gun safe he bought on the Internet
Banks Say No to Marijuana Money, Legal or Not
David Crane's Green Vision For Carbon-Belching NRG Energy
Luxembourg and USA sign FATCA Model 1 IGA
Eccentric Beijing resident builds rock villa atop apartment skyscraper
Now TSA agents are testing drinks purchased INSIDE the airport
Why is Gibraltar a British territory?
More Car Loans Than Mortgages in U.S.