Anglo American Platinum

This tag is associated with 3 posts

Amplats / To cut 1,400 jobs

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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 →

Anglo Platinum / Job-reduction target cut by 31%

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Lowering the headcount to 4,138 at most, less than a target of 6,000 jobs. Continue reading →

Mining / South Africa / Amplats to cut 14,000 jobs

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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 →

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