Anglo American Platinum has announced it will cease
production at four of its mine shafts located in the Rustenburg region of South
Africa, which could lead to job losses of almost 14,000 workers. Lower demand
for platinum and higher costs meant that the mining sites had become
unprofitable. To counteract the job losses, the company will reportedly create
14,000 further jobs. This action follows Amplat’s dismissal of 12,000 workers
in October last year after a strike over wages.
Original article: http://www.bbc.co.uk/news/business-21023473
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