0531 GMT - South African miners largely reported operational performances in line with their guidance in the first quarter, with the otherwise hamstrung platinum-metals producers boasting attractive risk-reward, Citi says. Potential production cuts should support basket prices of platinum metals, which seem to have reached their bottom after remaining somewhat stable since last July--providing limited downside to risk, the U.S. bank says in a note to clients. Impala Platinum remains the bank's top pick. (christian.moess@wsj.com)
(END) Dow Jones Newswires
May 29, 2024 01:31 ET (05:31 GMT)
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