The initial minting of the new South Africa platinum coin has been an instant success as demand for platinum coins skyrockets worldwide.
The 1 oz Elephant platinum bullion coin, which made its debut in March as part of a Big Five platinum bullion coin series, is completely sold out, World Platinum Investment Council (WPIC) research director Trevor Raymond has told Mining Weekly.
Owing to no further production or exports being possible under current Covid-19 conditions, sales have been diluted.