Global Platinum Mining: Growing Demand from Asian Jewelry, Promising Projects in Africa Propel the Industry
South Africa, which is world's largest producer of platinum, accounting for more than 70% of the world's mined platinum, is witnessing rise in production owing to weaker rand and strong performance from top supplier such as Anglo American Platinum Ltd. Besides, contribution from Impala Platinum's Rustenburg and Sibanye-Stillwater's Rustenburg has ramped up the production in South Africa. Meanwhile, impressive global vehicle sales and soaring demand from Asian jewelry will lead to increased production and propel the platinum mining industry. These...
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