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Amplats Rustenburg ops to resume

Oct 03 2012 09:57 I-Net Bridge

Striking Amplats mineworkers. Picture: Lucky Nxumalo/City Press

Company Data

Anglo American Plat Ltd [JSE:AMS]

Last traded 367.83
Change -20.17
% Change -0.05
Cumulative volume 155976
Market cap 99.20bn

Last Updated: 20/11/2014 at 04:28. Prices are delayed by 15 minutes. Source: McGregor BFA

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Johannesburg - Operations at Anglo Platinum’s (Amplats') Rustenburg operations are set to resume on Wednesday after they had to be suspended on Tuesday.

Amplats operations in the strike-torn region resumed on September 18‚ but the group said the security situation in the Rustenburg area had worsened during Monday evening.

“As a result‚ Anglo American Platinum advised employees at its Rustenburg mining operations not to attend work yesterday. It is intended to resume operation on the day shift today 3 October 2012‚” the group added.

Disciplinary action is continuing against employees who have been on strike‚ in accordance with ‘the group’s previous announcements‚ Amplats said.

Meanwhile‚ employees at Amplats’ Union Mine in Limpopo Province‚ to the northwest of Rustenburg‚ reported for work yesterday but have refused to go underground for their shifts and have presented a memorandum to the mine’s management. The company has obtained an interdict against the employees and this action has been declared illegal and employees have been duly informed to return to work this morning.

“Anglo American Platinum’s other operations all continue to operate normally‚” the group said.

Further updates would be provided when appropriate‚ it added.


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anglo platinum  |  mining unrest
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