Ryan had a post up a little earlier on gold, here: Gold up on Chinese whispers
There’s also news about today of a strike by South African gold miners:
- South Africa’s militant union AMCU on Monday gave formal notice that members will strike within 48 hours at the country’s vital platinum and gold mines, the companies confirmed.
- If no last-minute deal is reached as many as 80,000 workers could walk off the job.
- Anglo American Platinum said weeks of strikes in 2013 cost the company about 44,000 platinum ounces
Looks like it impacts on platinum more than gold? Lets see how this develops.