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Anglo American Platinum posted a chunky interim loss, as rand prices for its metals languish at 2013 levels and the company investigates ways to boost productivity and cut costs to cope with a difficult market — in which two-thirds of SA's platinum ... More »
As the monthly chart highlights, the price of platinum has been steadily depreciating since trading at $1,918.50 per ounce in August 2011. By July 2014, the price had dropped to $1,514.30, and that was the last time that platinum traded above the $1 ...and more » More »
The South African platinum specialist said that a “much improved mining performance” had helped it to cut its costs by 4.7 per cent compared with the previous quarter, although costs remained higher than they were in the same period last year. More »
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