South African Mining Sector Braces for Coronavirus Lockdown

the world’s largest primary producer of platinum, and Anglo American Platinum said they would comply with government measures but could not comment further at this stage.
 
While miners try to quantify the financial impact from the crisis, South Africa’s mining minister was to meet mining and energy executives on Tuesday to consider how to execute the lockdown.
 
Palladium prices surged as much as 12.7% on Tuesday for the biggest daily gain since 2000, spurred partly by concerns over supply. Spot gold and platinum also rose sharply.
  Source: Voice of America

Leave a Reply

RELATED POSTS