(Bloomberg) -- Platinum declined for a third
consecutive day in London on speculation wage talks will avert a
strike in South Africa, the biggest producer of the precious
metal. Palladium increased for the first time in three days.
The National Union of Mineworkers cut its demand for a pay
raise to 18 percent, from 20 percent, in negotiations with
Northam Platinum Holdings Ltd. yesterday. Talks are expected to
resume on July 3. Anglo Platinum Ltd., the world's biggest
platinum producer, goes back to the bargaining table today.
Read more at Bloomberg Commodities News
consecutive day in London on speculation wage talks will avert a
strike in South Africa, the biggest producer of the precious
metal. Palladium increased for the first time in three days.
The National Union of Mineworkers cut its demand for a pay
raise to 18 percent, from 20 percent, in negotiations with
Northam Platinum Holdings Ltd. yesterday. Talks are expected to
resume on July 3. Anglo Platinum Ltd., the world's biggest
platinum producer, goes back to the bargaining table today.
Read more at Bloomberg Commodities News
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