(Bloomberg) -- Platinum rose to a two-week high in
New York after Impala Platinum Holdings Ltd., the world's
second-largest producer, failed to reach a pay agreement with
workers in South Africa.
Talks ``are far from settlement,'' Eddie Majadibodu, chief
negotiator for the National Union of Mineworkers, said in an
interview. The union, which seeks a 15 percent pay increase, has
declared a dispute that paved the way for a possible strike.
Read more at Bloomberg Commodities News
New York after Impala Platinum Holdings Ltd., the world's
second-largest producer, failed to reach a pay agreement with
workers in South Africa.
Talks ``are far from settlement,'' Eddie Majadibodu, chief
negotiator for the National Union of Mineworkers, said in an
interview. The union, which seeks a 15 percent pay increase, has
declared a dispute that paved the way for a possible strike.
Read more at Bloomberg Commodities News
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