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Northam Platinum advancing growth projects to meet projected 2020 undersupply

Platinum mining company Northam Platinum on Friday elaborated on its growth projects that the company was timing to counter its perceived lack of replacement investment over the past decade across the primary production industry, which it forecast would lead to lower primary production out of South Africa. Northam Platinum CEO Paul Dunne told mining analysts and journalists at the company’s presentation of half-year results that it believed that demand for platinum group products (PGMs) would continue to grow in line with world gross domestic product.