FEATURE-S.Africa platinum boom attractive, but dangers lurk

Newswire

By Sue Thomas JOHANNESBURG, Nov 26 (Reuters) - Soaring demand for platinum is luring new miners and inspiring expansion projects in top producer South Africa's Bushveld complex, but analysts and industry players say many may not survive the rush. Supplies of platinum from South Africa, the world's largest producer, are forecast to grow by eight percent to a record 4.4 million ounces in 2002 -- still not enough to meet demand of 6.3 million ounces. With demand for the metal, used in ...

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