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Platinum consolidation to follow gold

Gold is not the only metal that might be on the verge of a ‘consolidation’ event of the sort tipped last week in a research report by Australia’s Macquarie Bank. Platinum too, somewhat surprisingly, could be in line for its own a burst of merger and acquisition activity.

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The pressure on platinum miners is different to that in gold, though the outcome could be similar as the threat of a global rush into electric vehicles cuts demand for both platinum and its sister

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