Amplats Extends Deadline For Strikers To Return 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.