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    market news

    Amplats Extends Deadline For Strikers To Return To Work

    Investing News Network
    Nov. 12, 2012 12:56PM PST
    Precious Metals

    CNBC reported Anglo American Platinum (LSE:AAL) says 30,000 striking employees have until Wednesday to come back to work.

    CNBC reported Anglo American Platinum (LSE:AAL) says 30,000 striking employees have until Wednesday to come back to work.

    As quoted in the market news:

    The extension comes as the world No. 1 platinum producer struggles to end two months of wildcat action that has cut about $250 million worth of output and counting.

    Amplats, a unit of global mining giant Anglo American, is carrying out a review of its South African platinum operations which is expected to lead to shaft closures and job losses.

    Click here to read the full CNBC report.

    market newsanglo american platinumlse:aalplatinum producer
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