Rhodium

The actual strike isn’t a deterrent to investors. But certainly the inability to get it under control will be of concern, particularly as this is now the third platinum mine that has seen conflict resulting in deaths this year.

The news follows the closure of Lonmin's Marikana mine in the NorthWest province of South Africa after clashes between rival unions and police left 44 dead.

More than just rivalry between unions, the platinum mine violence in South Africa has implications for the ruling ANC alliance.

Investors sent platinum group metals higher after the massacre in South Africa.

A standoff between hundreds of strikers wielding pangas and sticks at London-listed Lonmin's Marikana mine ended when police began firing on a surging crowds leaving many dead.

South African police began firing on a surging crowd of workers leaving 18 people dead.

A nightshift policeman hacked to death during clashes between rival unions brings to nine the number of fatalities at Lonmin's platinum mine in the North West province of South Africa.

Unless it mounts a challenge against its $1,500 resistance level, platinum will "stay on loose grounds" and will fail to attract new investment.

Congregants are expected to throng the Shree Swaminarayan temple in New Jersey this Sunday to ceremonially weigh their guru in honour of his 70th birthday. Preliminary estimates are that Swami Purushottampriyadasji's good works are worth just under $4 million or the equivalent of 40,000 catalytic converters.