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Issue:

Business

 

Written by:

Janet A

 

Date added:

June 4, 2013

 

Level:

University

 

Grade:

A

 

No of pages / words:

7 / 1895

 

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4616 times

 

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Supply from regions outside of South Africa has remained relatively stable over the past ten years, with any increase in supply primarily driven by South Africa. For this reason, only factors influencing South Africa’s ability to supply the market will be looked at We expect global platinum supply deficit to increase in 2008 in light of the current skills shortage and energy crisis in South Africa...
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Metals analyst at HSBC, Victor Flores, predicts that global platinum supply deficit will increase in 2008 by approximately 0.5 million to 2 million ounces (Hill L, 2008, “Platinum deficit will likely widen in ’08”, Mining Weekly, 3 March). Labour Shortage CEO of Impala Platinum - David Browne stated in an interview that the biggest challenge facing the mining industry currently is a skills shortage...
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