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    market news

    Anglo American Platinum Delays Lay-Offs

    Investing News Network
    Oct. 18, 2012 12:42PM PST
    Precious Metals Investing

    Reuters reported Anglo American Platinum (LSE:AAL) says it will delay laying off some employees at its South African operations.

    Reuters reported Anglo American Platinum (LSE:AAL) says it will delay laying off some employees at its South African operations.

    As quoted in the market news:

    Anglo American Platinum , the world’s No 1 platinum producer, said on Thursday that it would delay the dismissal process at some of its South African operations.

    It said it is delaying dismissals at its Union and Amandelbult mines and while it will not reinstate the 12,000 dismissed at its Rustenburg mines, it remains open to discuss this with unions.

    Click here to read the full Reuters report.

    market newsanglo american platinumlse:aalplatinum producer
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