• Busa, BBC split unpacked

    Who will lose and who stands to gain as the business bodies cut ties, asks Solly Moeng.

  • Noakes soap opera

    How many millions more will be sunk into a seemingly pointless vendetta, asks Mandi Smallhorne.

  • Downgrade scenarios

    An analyst takes a look at how credit downgrades have affected countries around the world.

All data is delayed
Loading...
See More

Amplats fires 12 000 strikers

Oct 05 2012 15:35
Reuters
Johannesburg - World No 1 platinum producer Anglo Platinum [JSE:AMS] (Amplats) said on Friday it had fired 12 000 workers taking part in a three-week illegal strike, following through on tough talk against the wildcat stoppages at mines.

The workers are based at Amplats' Rustenburg operations.

Amplats also said in a statement the illegal strikes had cost it 39 000 ounces in lost output that translated into R700m in lost revenue.

Shares in Amplats rose more than 3% on the news.

By 15:25, shares in the company lost some of the gains but were still up 1.88% at R401.66, after earlier hitting R407.60.

* Follow Fin24 on TwitterFacebookGoogle+ and Pinterest.  





NEXT ON FIN24X

 
 
 

Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
156 comments
Comments have been closed for this article.
 

Company Snapshot

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...

Voting Booth

Almost all working South Africans fear losing their jobs

Previous results · Suggest a vote

Loading...