(Bloomberg) -- Platinum rose in New York for the
first session in three on concerns production may be disrupted
in South Africa, source of about 80 percent of the world's
supplies of the precious metal. Palladium also gained.
South Africa's National Union of Mineworkers declared a
dispute with Impala Platinum Holdings Ltd., paving the way for a
legal strike. Impala, the world's second-biggest producer of the
metal, made no offer of a pay increase in talks yesterday.
Read more at Bloomberg Commodities News
first session in three on concerns production may be disrupted
in South Africa, source of about 80 percent of the world's
supplies of the precious metal. Palladium also gained.
South Africa's National Union of Mineworkers declared a
dispute with Impala Platinum Holdings Ltd., paving the way for a
legal strike. Impala, the world's second-biggest producer of the
metal, made no offer of a pay increase in talks yesterday.
Read more at Bloomberg Commodities News
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