Anglo American Platinum Plans Cuts

Reuters reported Anglo American Platinum (JSE:AMS) will cut loss-making shafts as producers to cope with depressed platinum prices and a rise in union militancy.

As quoted in the market news:

Amplats, an Anglo American (AAL.L) unit which unveiled interim results that as expected showed an almost 80 percent fall in earnings, confirmed it experienced a brief strike last week around its Rustenburg operations as inter-union rivalry spreads through the platinum belt.

Click here to read the full Reuters report.

Get the Latest Platinum Investing Stock Information

Get the latest information about companies associated with Platinum Investing delivered directly to your inbox.

By selecting company or companies above, you are giving consent to receive email from those companies. And remember you can unsubscribe at any time.


There is no guide to gold that is more concise, clear and authoritative.

Download our FREE Special Report, Is Gold a Good Investment? Gold Price Forecast 2015

Leave a Reply