Palladium soars to $1,900/oz after SA mines halt operations
Palladium may even go higher, one analyst says, as load-shedding persists in SA
10 December 2019 - 15:51
London — Palladium neared a record $1,900/oz and platinum jumped after SA mining companies halted operations in response to the country’s power cuts.
SA, the world’s biggest producer of platinum and number two palladium supplier, is facing a sixth day of load-shedding. Eskom is struggling with breakdowns at plants and heavy rains that have soaked coal used as fuel...
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