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Amplats resumes operations in North West

Sep 18 2012 17:23 I-Net Bridge

Company Data

Anglo American Plat Ltd [JSE:AMS]

Last traded 510.43
Change 2.43
% Change 0.00
Cumulative volume 183609
Market cap 137.65bn

Last Updated: 24/04/2014 at 04:29. Prices are delayed by 15 minutes. Source: McGregor BFA

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Johannesburg – Anglo American Platinum (Amplats) confirms that all of its Rustenburg operations have resumed effective from the morning shift on Tuesday.

On Sunday the company confirmed that it was safe for employees to return to work and that remains the case.

The world’s largest platinum producer said its Rustenburg smelting and other process operations were already operating at normal levels.

The company however added that the majority of employees were still to return to work.

“Given the current extraordinary circumstances‚ the company is making every effort to reassure employees that it is safe to return to work and is actively assisting and encouraging them to do so‚” the company said.

Amplats urged all its employees to return to work for their next shift and by no later than Wednesday‚ September 19‚ and warned that it would initiate “appropriate” employee relations procedures for those who chose not to return to work.

“Anglo American Platinum’s Rustenburg mining operations are already under considerable economic pressure and any further delays in returning to work will only increase the risk to the long term viability of these mines‚” the company said.

Anglo Platinum [JSE:AMS] added that it would continue to monitor the situation closely and would provide further information as it came to hand.

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