Wednesday, 16 January 2013

More South African mining job losses


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.

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