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Platinum price jumps on mining unrest

Sep 12 2012 10:16 Reuters

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London - The price of platinum rose to its highest since mid-April on Wednesday after police in top producer South Africa said striking miners had blockaded roads leading to operations belonging to number mine miner Anglo Platinum [JSE:AMS].

Spot platinum rose by as much as 1.5% to a session peak of $1 624.74 an ounce, while the discount to the gold price fell to a four-month low of $113 an ounce.


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anglo platinum  |  wage disputes  |  mining  |  platinum
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