Platinum Slides 1.2% on Amplats Job Cut Delay

Reuters reported that platinum posted its highest one-day drop in more than a month as Anglo American Platinum agreed to put on hold its plans to cut jobs in its South African properties.

As quoted in the market news:

Platinum fell 1.2 percent after South Africa, Amplats and labor unions agreed to postpone restructuring that could lead to 14,000 job cuts to allow for more talks.

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.

+ see more
+ see more
Gold Bullion
Gold Production/Mining
+ see more
Gold Project Generators
Gold Prospecting and Exploration
+ see more
Gold Resource Definition/Pre Feasibility
Gold Resource Expansion/Feasibility Study/PEA
Graphite Production/Mining
Graphite Prospecting and Exploration
Graphite Resource Definition/Pre Feasibility
Graphite Resource Expansion/Feasibility Study/PEA
Silver $0-15m
Silver $15-50m
Other Companies
+ see more

Select All Select None

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


Leave a Reply