Anglo American Platinum Begins Disciplinary Action

Reuters reported Anglo American Platinum (LSE:AAL) has started disciplinary action including possible dismissal against workers taking part in an illegal strike in South Africa.

As quoted in the market news:

The company, a unit of global mining giant Anglo American, also said that attendance at its four mines near Rustenburg, 120 km (70 miles) northwest of Johannesburg, remained below 20 percent despite repeated threats to get tough.

A wave of wildcat strikes is roiling South Africa’s mining sector despite the end of an illegal six-week stoppage at platinum producer Lonmin in which 46 people were killed.

Click here to read the full Reuters report.