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    Unrest At Platinum Mines Spreads To Amplats

    Investing News Network
    Aug. 24, 2012 12:02PM PST
    Precious Metals Investing

    Reuters reported Anglo American Platinum (LSE:AAL,JSE:AMS) said 100 workers had refused to go underground at its Thembelani mine in South Africa, a sign of growing discontent in the platinum sector.

    Reuters reported Anglo American Platinum (LSE:AAL,JSE:AMS) said 100 workers had refused to go underground at its Thembelani mine in South Africa, a sign of growing discontent in the platinum sector.

    As quoted in the market news:

    There was no immediate threat to production at Amplats as the mine employs over 4,100 people, but the sector is on tenterhooks in the wake of a violent strike at Lonmin (LMI.L) that saw 34 striking miners gunned down by police last week.

    Amplats said in a statement that 6 workers were having talks with management regarding wage demands.

    Click here to read the full Reuters report.

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