It is unlikely that platinum will experience another sales flood in the short term - despite Japan's situation and other such pressures. Platinum and palladium prices are dependent on industrial demand and their prices follow global economy cycles.
With high costs looking to be the norm across the platinum industry, there's a real opportunity to 'poach the cost curve.' A platinum project outside of South Africa that shows favorable costs will be a sought-after commodity.
The toll that Eskom's electricity crisis took on South Africa's (SA) mining industry went largely unnoticed amid substantial profit increases, based on strong metals prices in the first half of this year, that companies posted recently.