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South Africa labor talks sink platinum, palladium
Associated Press ^ | Apr 21, 2014 3:02 PM EDT

Posted on 04/21/2014 12:39:47 PM PDT by Olog-hai

Platinum and palladium prices are dropping sharply on signs that South African mining companies are close to reaching a labor agreement that would end a four-month strike.

Platinum fell $28, or 2 percent, to close at $1,400.70 an ounce. Palladium lost $29.30, or 3.6 percent, to $777.80 an ounce. …

(Excerpt) Read more at hosted.ap.org ...


TOPICS: Business/Economy; Foreign Affairs; Government; News/Current Events
KEYWORDS: miningstrike; palladium; platinum; southafrica; unionthugs

1 posted on 04/21/2014 12:39:47 PM PDT by Olog-hai
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