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Amplats: One more day or face axe

Sep 26 2012 11:53 Reuters

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Johannesburg - Anglo Platinum  said on Wednesday it has extended a deadline against striking workers at its Rustenburg operations in South Africa, where it has lost about 20 000 ounces in production from labour unrest.

The world’s top producer of the precious metal said it had now extended its deadline to Thursday for employees to return to work or face potential sacking.

The company has been hit by attendance levels around 20%.

Amplats shares dropped 4.4% to R410.04 on the news of its lost production.

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