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.