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The mining industry is poised to benefit from the projected rise in the global metal prices this year, analysts have said.
The price of platinum has bounced by up to 30 percent since early December on the international market.
The speed at which it has recovered has left local analysts believing there is hope after all in the mining industry.
The local mining industry was one of the hardest hit sectors last year with gold deliveries falling by 49 percent, but analysts have urged players in the mining sector to mobilise resources and gear up for the anticipated boom. |