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    market news

    South Africa’s AMCU Recruiting at Amplats

    Investing News Network
    Jun. 06, 2012 10:15AM PST
    Precious Metals

    Reuters reported South Africa’s Association of Mineworkers and Construction Union (AMCU) said it was recruiting at Anglo American Platinum (PINK:AGPPY).

    Reuters reported South Africa’s Association of Mineworkers and Construction Union (AMCU) said it was recruiting at Anglo American Platinum (PINK:AGPPY).

    As quoted in the market news:

    Mathunjwa denied allegations that the union was using violence and intimidation in its efforts to peel members away from the dominant National Union of Mineworkers (NUM).

    AMCU has already been challenging the NUM at the Rustenburg operations of Impala Platinum, the world No. 2 platinum producer, in a struggle that has taken close to 130,000 ounces out of global production this year because of strikes and stoppages.

    Click here to read the full Reuters report.

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