Amplats settles with striking workers
Mine workers at Anglo American Platinum (Amplats) (AGPPY-O) are going back to work, putting to rest a series of wildcat strikes that all but crippled South Africa’s platinum-mining industry.
Mine workers at Anglo American Platinum (Amplats) (AGPPY-O) are going back to work, putting to rest a series of wildcat strikes that all but crippled South Africa’s platinum-mining industry.
The global economic recession caused platinum demand in the car and jewelry sectors to enter a cyclical downturn. However, a substantial supply reduction due to the labour strife in South Africa moved the platinum market from surplus to deficit…
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