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Thread: Another mine closes ...

  1. #1

    Default Another mine closes ...

    Reflective of not meeting production costs no doubt ... http://www.marketwatch.com/story/gle...obs-2015-10-07
    You look like I need a drink.

  2. #2

    Default

    Quote Originally Posted by Ronbo View Post
    Reflective of not meeting production costs no doubt ... http://www.marketwatch.com/story/gle...obs-2015-10-07
    Great article Ronbo.

    With that mine closing, that's another 150,000+ ounces of Platinum that won't be going to market next year.

    We all knew these basement prices were going to eventually start shutting the big boys down. Now it's happening.

  3. #3

    Default

    Thanks. Looks like we got a baby bump of + $30 today as a residual factor .
    You look like I need a drink.

  4. #4

    Default

    What are the other mines that were closed in last couple of years?
    I dont recall any.
    Several shafts were closed(and several new opened) but not mines.

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