Wednesday, July 11, 2007

Platinum Rises on Speculation Supply May Be Disrupted; Palladium Declines

(Bloomberg) -- Platinum rose to a one-month high in
London on speculation supplies may be disrupted from South
Africa, the biggest producer of the metal. Palladium dropped.

Johannesburg-based Impala Platinum Holdings Ltd.'s pay talks
with a labor union failed after workers refused to accept a two-
year wage pact, Eddie Majadibodu, a negotiator for the National
Union of Mineworkers, said today.


Read more at Bloomberg Commodities News

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