{"id":1174954,"date":"2020-03-31T00:35:00","date_gmt":"2020-03-31T06:35:00","guid":{"rendered":"http:\/\/juniorminingnews.com\/?guid=8da01b62dd1f3b70a2cfc573691db83e"},"modified":"2020-03-31T05:58:22","modified_gmt":"2020-03-31T11:58:22","slug":"top-platinum-miners-declare-force-majeure-after-coronavirus-lockdown","status":"publish","type":"post","link":"https:\/\/juniorminingnews.com\/?p=1174954","title":{"rendered":"Top platinum miners declare force majeure after coronavirus lockdown"},"content":{"rendered":"<p>The world&#8217;s largest platinum producers Anglo American Platinum, Sibanye-Stillwater and Impala Platinum have declared force majeure on contracts after a three-week national lockdown forced operations to close.<\/p>\n<p>South Africa, which accounts for around 70% of mined platinum supply, called the shutdown last week to try to slow the spread of the coronavirus outbreak.<\/p>\n<p>The measure triggered a downgrade of the country&#8217;s sovereign rating by Moody&#8217;s on Friday and has hit its mining industry, which accounts for about 7% of GDP.<\/p>\n<p>Miners have put many of their operations on care and maintenance and have reduced metal processing.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The world&#8217;s largest platinum producers Anglo American Platinum, Sibanye-Stillwater and Impala Platinum have declared force majeure on contracts after a three-week national lockdown forced operations to close.<\/p>\n<p>South Africa, which accounts for around 70&#8230;<\/p>\n","protected":false},"author":25,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center 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