Platinum industry expects supply deficit in 2018

ArticleMiningNovember 22, 2017 - 3:05:18 AM

2017 was a difficult year for platinum. Between the consequences of dieselgate, social movements disrupting production and more recently political instability in Zimbabwe, the sector has experienced a sharp fall in price metal, putting several mining companies on the verge of bankruptcy. But a glimmer of hope seems to be appearing.

In its latest Platinum Quarterly report, the World Platinum Investment Council predicts a deficit of 275 koz of the precious metal for 2018 caused by an increase in jewellery and industrial demand....

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