In recent years the uptick in the price of precious metals has reinforced their reputation as a store of value and leading drivers of mining activity around the world.
Northam says takeover of Royal Bafokeng Platinum by Implats would be anti-competitive as it would concentrate significant mineral reserves with one company.
“Supply is fairly constrained and you will not see supply from mines growing in the near or medium-term future,” said the World Platinum Investment Council.
