Colosseum a.s. (Colosseum a.s.)
Commodities  |  February 13, 2013 13:45:28

Platinum more expensive because of the situation in Zimbabwe



ColosseumYesterday for the first time after three days of losses platinum turned direction and ended earlier in the wake of reports from Zimbabwe. The local government has decided to seize land for mining companies owned Zimplats Holdings Ltd., The largest platinum miners in this country. Specifically, according to the local Minister of Mines, Obert Mpofu, Zimbabwe intends to take over 27,948 hectares of land belonging to the company and now offer all new investors. April platinum futures contracts on the CME yesterday and entered a growth of 1.2% to $ 1717.20 per troy ounce.

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