South Africa’s new mining minister is unlikely to succeed where others failed and bring a swift end to the four-month strike at the world’s biggest platinum producers, said analysts at Investec Plc and Noah Capital Markets.
Lonmin Plc, the world’s third- largest platinum producer, may face a strike by its biggest union, depending on a ruling tomorrow over the labor group’s recognition rights, according to analysts.
Russian coking coal producers may raise domestic prices by $10 a metric ton, or 8 percent, after April 1, UralSib Financial Corp. said.
Impala Platinum Holdings Ltd., the world’s second-largest producer of the metal, said earnings probably rose as much as 42 percent on increased prices, beating analysts’ expectations.
"It's still early days."
- Michael Kavanagh on Oct 09, 2014