* Bad news for users but GREAT news for SSL re: our Platinum stream with Colossus
* Sandstorm has a precious metals stream agreement to purchase 1.5% of the gold and 35% of the platinum produced from Serra Pelada at a per ounce price of US$400 per ounce of gold and US$200 per ounce of platinum
400 000 oz platinum supply deficit expected, owing to South African labour disruptions, mine closures
"“Going forward, supplies for 2013 in platinum and palladium would be relatively barraged because in South Africa, even if the current strikes have been resolved, the mining industry is in a difficult situation and has been for some time. We don’t see any prospect of platinum or palladium supplies from South Africa increasing next year,” Cowley told Mining Weekly."