Production Costs: Strong PGM Prices Outpace Operating Cost Increases

This analysis focuses on platinum, palladium, rhodium, and gold, collectively referred to here as PGM. The three minor PGM, ruthenium, iridium, and osmium, are not included nor is byproduct PGM output.

Figure 1: World Platinum Group Metals Fiscal 2011 Production Costs

Figure 2: Comparison of Average PGM Production Costs and Average Value in 2011

Table 1: Primary PGM Mine Production in 2011

Sample Production Costs report