Platinum Rises to Record in Tokyo as South African Mineworkers May Strike

(Bloomberg) -- Platinum futures in Tokyo rose to a
record as mineworkers in South Africa, the source of almost 80
percent of the metal, moved closer to calling strikes over pay.

Wage talks foundered this week at Anglo Platinum Ltd. and
Impala Platinum Holdings Ltd., the two biggest producers of the
metal. Workers at Anglo Platinum, the world's largest producer,
declared a dispute, a legal step required before a strike can be
called, the National Union of Mineworkers said yesterday.


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