Anglo American Platinum traded at 146,257.00 this Monday August 24th, decreasing 3,143.00 or 2.10 percent since the previous trading session. Looking back, over the last four weeks, Anglo American Platinum lost 29.53 percent. Over the last 12 months, its price rose by 67.71 percent. Looking ahead, we forecast Anglo American Platinum to be priced at 144,634.14 by the end of this quarter and at 131,229.50 in one year, according to Trading Economics global macro models projections and analysts expectations.
Anglo American Platinum Limited is a producer of platinum group metals (PGMs). The Company produces reside in three areas: Platinum Group Metals, such as platinum, palladium, rhodium, iridium, ruthenium, osmium; base metals, such as copper, nickel, cobalt sulfate, sodium sulfate, chrome, and precious metals, such as gold. The mining operations of Amplats consist of managed mines, joint venture mines and associate mines across South Africa and Zimbabwe. These mines extract ore from Merensky and Upper Group 2 (UG2) reefs, the Platreef and Main Sulphide Zone. Its managed mines consist of three mines stretching from the Western Limb to the Eastern Limb of the Bushveld complex in South Africa. The Company's Unki Platinum Mine is located 21 kilometers southeast of the town of Shurugwi on Zimbabwe's Great Dyke. The Mototolo Mine is situated in Limpopo, Mototolo, which is 30 kilometers west of the town of Burgersfort.