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<p>[QUOTE=&quot;gxseries, post: 336000, member: 4373&quot;]Not necessarily till 2013. Zimbabwe has a significant amount of platinum and it has a potential of raising over 1 million ounces of platinum per year where current production level worldwide is at 6 million oz+ at the moment. Problem is with negotiating with the current Zimbabwe government as well as infrastructure. But yes, in the short term, platinum is likely to raise as it&#039;s just difficult to replace platinum from catalysts as about 50% of platinum goes straight to catalysts, 20%+ to industrial usage etc. More information can be read at Johnson Matthey: <a href="http://www.matthey.com/" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.matthey.com/" rel="nofollow">http://www.matthey.com/</a> The story in South Africa is different - while power supply is one issue, the real issue is with the technological difficulty as some mines are already hitting 2 kilometers underground and miners are demanding better pay and health care, raising operation costs greatly. You don&#039;t want to know how much people get killed yearly for PGMs. </p><p><br /></p><p>Tell me more about it - I bought 1/2 oz pt when it was at 700usd/oz a few years ago. Thought that was expensive but now it isn&#039;t.[/QUOTE]</p><p><br /></p>

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