Tuesday, June 18, 2013





S. Africa mine threatens closure, loss of 14k jobs


Last Modified: March 17. 2013 2:55AM
Story Tools
PrintPrint | E-MailEMail | SaveSave | Hear Generate QR Code QR
Send to Kindle


(AP) The world's largest platinum producer says it will close some South African mines and sell another, cutting 14,000 jobs only months after South Africa suffered massive labor unrest in the mining sector.


Anglo American Platinum said Tuesday that a financial review concluded that four mine shafts need to be closed and one mine sold because of unprofitable operations. The government's minister of mines and the National Union of Mineworkers expressed surprise and shock.


The union's secretary general, Frans Baleni, said the union would work with the company to try to save the jobs.


Some 46 people were killed during a six-week period of violence last year, when miners went on strike for higher wages. In the most shocking incident, police fired into a crowd of striking miners, killing 34 people.


Associated Press


Comments
Commenting Guidelines
Poll

Search for New & Used Cars

Make 
Model
 
Used New All
 

Search Times Leader Classifieds to find just the home you want!

Search Times Leader Classifieds to find just what you need!

Search Pet Classifieds
Dogs Cats Other Animals



Social Media/RSS
Times Leader on Twitter
Times Leader on Youtube
Times Leader on Google+
The Times Leader on Tumblr
The Times Leader on Pinterest
Times Leader RSS Feeds