Anglo American Platinum Delays Lay-Offs

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.

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