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South Africa labor talks sink platinum, palladium
Associated Press ^
| Apr 21, 2014 3:02 PM EDT
Posted on 04/21/2014 12:39:47 PM PDT by Olog-hai
Platinum and palladium prices are dropping sharply on signs that South African mining companies are close to reaching a labor agreement that would end a four-month strike.
Platinum fell $28, or 2 percent, to close at $1,400.70 an ounce. Palladium lost $29.30, or 3.6 percent, to $777.80 an ounce.
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TOPICS: Business/Economy; Foreign Affairs; Government; News/Current Events
KEYWORDS: miningstrike; palladium; platinum; southafrica; unionthugs
posted on 04/21/2014 12:39:47 PM PDT
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