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All told, Thomson Reuters GFMS is predicting at least a 700,000-ounce physical platinum deficit this year. It projects that platinum will pass $1,700 per ounce by the end of 2014, a 18% increase from today's price.
So, the estimate of world's platinum mining at 16 tonnes ever is definitely wrong, since we produced 10 times that in just 2001, and pretty much on the same level in the years since.