(Bloomberg) -- Platinum rose in London for a second
straight day on speculation pay talks will lead to a strike in
South Africa, the world's biggest producer of the precious
metal. Palladium declined.
Anglo Platinum Ltd., accounting for more than half of South
Africa's output, will resume pay talks today at its Rustenburg
office with the National Union of Mineworkers. Platinum has
climbed 3.9 percent this month as unresolved industry wage talks
since May heightened speculation miners will strike.
Read more at Bloomberg Commodities News
straight day on speculation pay talks will lead to a strike in
South Africa, the world's biggest producer of the precious
metal. Palladium declined.
Anglo Platinum Ltd., accounting for more than half of South
Africa's output, will resume pay talks today at its Rustenburg
office with the National Union of Mineworkers. Platinum has
climbed 3.9 percent this month as unresolved industry wage talks
since May heightened speculation miners will strike.
Read more at Bloomberg Commodities News
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