Job Market Monitor
Amplats
Amplats / To cut 1,400 jobs
Anglo American Platinum (LON:AAL), the world\’s largest platinum producer, warned Monday the current strike at its South African operations could force the company to cut 1,200 to 1,400 jobs this year. The miner said the planned layoffs would follow last year’s lost of 7,438 jobs, when merged five mines at its Rustenburg complex into three. … Continue reading
Mining / South Africa / Amplats to cut 14,000 jobs
Anglo American’s platinum arm is expected to cut 14,000 mining jobs as part of the loss-making business. According to industry sources, the mining company is under pressure from South African government. Anglo American Platinum, the world’s top platinum producer, is battling to restore profits and is planning to cut back production and mothball two mines … Continue reading
South Africa / Amplats shafts closure could lead to the loss of almost 14,000 jobs
Anglo American Platinum has said it will cease production at four mine shafts in the Rustenburg region of South Africa, which could lead to the loss of almost 14,000 jobs. The world’s biggest platinum producer said lower demand for the precious metal and higher costs meant the shafts were unprofitable. Amplats said it proposed to … Continue reading
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