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North American Palladium Ltd. Message Board

  • pacenet_2000 pacenet_2000 Apr 28, 2013 7:11 PM Flag

    Will South African strikes save palladium?

    The natives are restless in South Africa again. Strike time is upon us!

    From Bloomberg:
    "The National Union of Mineworkers, an ally of South Africa’s ruling African National Congress, said it will ask for a double-digit increase in pay when negotiating with the Chamber of Mines in May.

    The demand will apply across the mining industry, NUM’s Secretary-General Frans Baleni said by mobile phone today. “We will try to conclude the negotiations before July 1,” he said
    "

    Sentiment: Strong Buy

 
PAL
0.27-0.01(-5.26%)Jul 31 4:02 PMEDT

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