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Maroc Maroc - MININGMX.COM - A La Une - 30/Aug 10:28

Northam warns of “inevitable depletion” for PGM industry

SOUTH Africa would be unable to sustain 3.9 million ounces in annual platinum group metals (PGMs) production owing to the slump in metal prices over the past two years, said Paul Dunne, CEO of Northam Platinum “Current prices remove the incentive price for new mines which will see a depletion of South Africa’s resource base. […]

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