The impact of increasing platinum supplies on the industry in South Africa

Simple item page
dc.contributor.authorOdendaal, Nicolaas Johannes
dc.date.accessioned2019-07-30T13:11:39Z
dc.date.available2019-07-30T13:11:39Z
dc.date.issued1992
dc.descriptionA dissertation submitted to the Faculty of Engineering, University of the Witwatersrand, Johannesburg, in fulfillment of the requirements for the degree of Master of Science in Engineeringen_ZA
dc.description.abstractPlatinum, the major metal recovered by the platinum mines in South Africa, is unusual among metals in that its commercial applications are limited to three major sectors, namely, autocatalysts, jewellery and investment. Hence, any degree of change in these sectors will either result in a rapid flooding of the market and a drop in the price, making it uneconomic for mines to continue to operate or, on the other hand, create a shortage. The purpose of the study is to determine the future changes in the fundamentals, the effect thereof on the price of commodities produced by the platinum mining companies, and the consequent changes in the South African platinum industry. The study was done mainly through literature research and empirical data. The latter were used to find correlations between prices, and supply and demand, in order to determine the plice up to the year 2000. These price forecasts were used in calculating the revenue for each mine at a specific production rate. Final evaluation of the mines was done by applying various techniques to determine the status of the mines. It is concluded that future entry will be more difficult due to a moderate increase in the price of PGM. However, after the closure of certain new mines and prospects in South Africa, high cost producers who are able to implement effective cost saving measures to survive the recession periods, will be ensured of a flourishing future.en_ZA
dc.description.librarianAndrew Chakane 2019en_ZA
dc.identifier.urihttps://hdl.handle.net/10539/27839
dc.language.isoenen_ZA
dc.subjectPlatinum group industry -- South Africa.en_ZA
dc.subjectSupply and demand.en_ZA
dc.subjectPlatinum mines and mining -- South Africa.en_ZA
dc.titleThe impact of increasing platinum supplies on the industry in South Africaen_ZA
dc.typeThesisen_ZA
Files
Original bundle
Now showing 1 - 1 of 1
No Thumbnail Available
Name:
Odendaal Nicolaas Johannes._The impact of increasi.pdf
Size:
3.07 MB
Format:
Adobe Portable Document Format
Description:
Download
License bundle
Now showing 1 - 1 of 1
No Thumbnail Available
Name:
license.txt
Size:
1.71 KB
Format:
Item-specific license agreed upon to submission
Description:
Download
Collections
ETD Collection