Platinum Falls in London on Expanding Mining Supply; Palladium Advances

(Bloomberg) -- Platinum fell in London, extending
last week's decline, as growing output from South Africa and
Russia may exceed demand from jewelers and carmakers. Palladium
gained to a one-week high.

Platinum output from South Africa, the world's biggest
producer, may rise more than 5 percent this year after a 1.7
percent gain last year, London-based Johnson Matthey Plc forecast
last week. Russia, the second-biggest producer, was allowed to
resume exports after a delay since the start of the year,
Interfax news agency reported in April.


Read more at Bloomberg Commodities News