Platinum Group plans to cut fewer jobs

Anglo American responds to the criticism of the job losses in South Africa: 6000 to Now instead of 14,000 mine workers are laid off. The government had threatened with the withdrawal of mining rights.

Johannesburg - The South African platinum subsidiary of the British mining group Anglo American sweeps fewer jobs than previously announced. Well still, around 6,000 jobs eliminated, Anglo American Platinum announced in South Africa on Friday. Originally, the listed subsidiary had wanted to lay off 14,000 miners, about a quarter of its workforce.

JPMorgan cuts target for Anglo American to 1,820 pence 'neutral'

LONDON (dpa-AFX Analyser) - The U.S. bank JPMorgan has lowered its target price for Anglo American of 1,930 to 1,820 pence and the classification to "neutral" leave.

Anglo American Platinum producer suffers loss

ANGLO AMERICAN PLATINUM
World's largest platinum producer suffers loss

The miners in South Africa lay with strikes paralyzed the mines, the platinum price falls - the world's largest producer of the precious metal now collects the receipt, Anglo American
The miners in South Africa are alarmed: Anglo Platinum plans to cut 14,000 positions.
Source: AFP
JohannesburgDer world's biggest platinum producer, Anglo Platinum reports for fiscal year 2012 a loss. The South African group piling up a deficit of $ 166 million. In the previous year, the Group generated a profit of about $ 400 million. The loss was higher than expected by analysts.