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Gold/Mining/Energy : Gold Price Monitor

GDXJ 121.59

+2.2%

Dec 26 4:00 PM EST

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To: goldsheet who wrote (91116)	11/12/2002 11:36:48 AM
From: goldsheet	Read Replies (1) of 116825

At least there isn't much gold byproduct in platinum mines ;) S.Africa '02 platinum output at record high-Matthey JOHANNESBURG, Nov 12 (Reuters) - South Africa, the world's leading platinum supplier, will produce a record 4.44 million ounces of the metal in 2002 on booming expansion and next year could see output rise further, refiner Johnson Matthey said on Tuesday. The South African platinum industry, which produced 4.1 million ounces in 2001, is expanding rapidly, inspired by strong prices for the metal, which is used in autocatalysts and jewellery. "Platinum supplies from South Africa are expected to increase substantially again in 2003...," Matthey said in its Platinum 2002 Interim Review. FULL: biz.yahoo.com

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