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Amplats Exec Sees Progress in AMCU Talks by Week’s End

Charlotte McLeod
Feb. 03, 2014 09:59AM PST
Precious Metals Investing

Reuters reported that Chris Griffiths, chief executive of Anglo American Platinum Ltd. (OTCMKTS:AGPPY), believes that by the end of the week, his company, along with Lonmin plc (LSE:LMI) and Impala Platinum Holdings Ltd. (OTCMKTS:IMPUY), may see progress in its talks with South Africa’s Association of Mineworkers and Construction Union (AMCU).

Reuters reported that Chris Griffiths, chief executive of Anglo American Platinum Ltd. (OTCMKTS:AGPPY), believes that by the end of the week, his company, along with Lonmin plc (LSE:LMI) and Impala Platinum Holdings Ltd. (OTCMKTS:IMPUY), may see progress in its talks with South Africa’s Association of Mineworkers and Construction Union (AMCU).

As quoted in the market news:

‘I think the end of this week we will start seeing some movement. On the ground it seems people don’t want this to be a protracted strike,’ Chris Griffiths told journalists in a conference call.

Click here to read the full Reuters report.

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