(Bloomberg) -- Platinum fell from an 11-week high
in New York on expectations Anglo Platinum Ltd., the world's
biggest producer of the metal, will resolve a wage dispute with
miners later this week, avoiding a strike. Palladium also fell.
South Africa's National Union of Mineworkers agreed to
meet Anglo Platinum for more wage talks on July 26 and expects
an improved offer, union chief negotiator Oupa Koma said on
July 20. Before today, platinum had gained 18 percent this
year, partly on concerns strikes would disrupt supplies.
Read more at Bloomberg Commodities News
in New York on expectations Anglo Platinum Ltd., the world's
biggest producer of the metal, will resolve a wage dispute with
miners later this week, avoiding a strike. Palladium also fell.
South Africa's National Union of Mineworkers agreed to
meet Anglo Platinum for more wage talks on July 26 and expects
an improved offer, union chief negotiator Oupa Koma said on
July 20. Before today, platinum had gained 18 percent this
year, partly on concerns strikes would disrupt supplies.
Read more at Bloomberg Commodities News
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