Fin24

Amplats: One more day or face axe

2012-09-26 11:53

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.

* Follow Fin24 on TwitterFacebookGoogle+ and Pinterest.  

 


Comments
  • charl.reaper - 2012-09-26 12:03

    Make it another week, shorting the market has never been easier. The more they strike the more we make.

  • derekneilmaclachlan - 2012-09-26 12:23

    YAWN!!!!NO BALLS Angloplat.....fire them already.....your shares are almost down to 2008 levels....

  • toni.falletisch - 2012-09-26 12:44

    AAM you are chicken to fire your striking workforce, until you learn to stop being blackmailed it will go on and on and on .....

  • pages:
  • 1