Data provided by McGregor BFA
All data is delayed
Loading...
See More

ANC fuming over Amplats job cuts

Jan 16 2013 08:04 Sapa
Jackson Mthembu

Jackson Mthembu. Picture: Sapa

Company Data

Anglo American Plat Ltd [JSE:AMS]

Last traded 510.40
Change 0.41
% Change 0.00
Cumulative volume 90091
Market cap 137.65bn

Last Updated: 23/04/2014 at 02:01. Prices are delayed by 15 minutes. Source: McGregor BFA

Related Articles

Amplats job cuts dangerous - ANC

Amplats jobs bloodbath shocks govt

High risk, high reward

Amplats overhaul not a reprisal, says CEO

Amplats closes shafts, 14 000 jobs to go

Amplats workers down tools

 

Johannesburg - Global platinum miner Anglo Platinum [JSE:AMS] wanted to divert its business from South Africa and send the country's mining industry "to the dogs", the ANC said on Wednesday. 

"The ANC condemns the action taken by Anglo American Platinum Limited who have exploited and then mercilessly created conditions to eliminate 14 000 jobs of which 13 000 are in the Rustenburg area," said spokesperson Jackson Mthembu

The company warned on Monday that it would axe 14 000 jobs in a major restructuring of its operations. 

The party called the decision "cynical and dangerous in the extreme". 

Minister of Minerals and Energy Susan Shabangu should call an urgent industry meeting to have companies who wanted to mothball mine shafts surrender their licences. 

"Such licences can be put on a public auction for new owners who are still hungry to mine, to put them to good use."

 

Follow Fin24 on Twitter, Facebook, Google+ and Pinterest.

anc  |  anglo platinum  |  jackson mthembu  |  mining
NEXT ON FIN24X

 
 
 
 

Company Snapshot

We're Talking About: Small Business

Standard Bank is looking for 12 entrepreneurs to participate in a 10-part TV series. They could win a R1m investment into their dream.
 
 

No DA, EFF coalition

The DA and the EFF have denied reports of a possible coalition between them after the 7 May elections.

 
 

Latest elections multimedia

DA won't get 30% - Zille
The EFF's ad was banned, see why
Why Jack Parow wants you to vote on 7 May
The ad the SABC doesn't want to air

Money Clinic

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