Noluthando Mthonti-Mlambo speaks to Mining & Labour Analyst & Founder of Creative Voodoo, Mamokgethi Molopyane about Platinum Group Metals. Platinum mining bosses do not expect metals prices, which have fallen dramatically since last year, to drop much lower this year. And prices are likely to start recovering next year, they say. The sharp drop in platinum group metal (PGM) basket prices, which decreased by 33%-40% (depending on the basket composition), resulted in SA platinum miners delaying projects, shutting mining shafts, cutting capital expenditure and reducing employee numbers.

<p>Noluthando Mthonti-Mlambo speaks to Mining &amp; Labour Analyst &amp; Founder of Creative Voodoo, Mamokgethi Molopyane about Platinum Group Metals. Platinum mining bosses do not expect metals prices, which have fallen dramatically since last year, to drop much lower this year. And prices are likely to start recovering next year, they say. The sharp drop in platinum group metal (PGM) basket prices, which decreased by 33%-40% (depending on the basket composition), resulted in SA platinum miners delaying projects, shutting mining shafts, cutting capital expenditure and reducing employee numbers.</p>

POWER Business is on every weeknight, offering a wrap-up of the day’s business news, analysis of market trends and advice on all money-related matters. Noluthando Mthonti-Mlambo interviews leading CEOs whose businesses are making headlines. POWER Business also has a human interest focus, unpacking the nature of the economy and empowerment more broadly.

<p>POWER Business is on every weeknight, offering a wrap-up of the day’s business news, analysis of market trends and advice on all money-related matters. Noluthando Mthonti-Mlambo interviews leading CEOs whose businesses are making headlines. POWER Business also has a human interest focus, unpacking the nature of the economy and empowerment more broadly.</p>

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