Anglo American Says Strikes Caused 2% Decline in Platinum Output

Bloomberg reported that Anglo American Plc said its platinum production dropped to 583,000 ounces in the quarter ended March 2013 due to strikes at its Unki mine in Zimbabwe.

As quoted in a Bloomberg news report:

Production dropped to 583,000 ounces in the three months through March from a year earlier due to work stoppages and lower output from its Unki mine in Zimbabwe, Anglo American Platinum Ltd. (AMS), the London-based company’s platinum unit known as Amplats, said in a statement. The shares rose for the first time in three days, climbing 3.5 percent to 338.47 rand by the close in Johannesburg.

Click here to read the full Bloomberg report.