Articles Tagged "Anglo American Platinum Ltd."

AMCU Ready for Six More Months of Striking

Platinum – Mining Weekly reported yesterday that South Africa's Association of Mineworkers and Construction Union (AMCU) is prepared to keep striking for another six months at the operations of major miners Anglo American Platinum Ltd. (OTCMKTS:AGPPY), Lonmin plc (LSE:LMI) and Impala Platinum Holdings Ltd. (OTCMKTS:IMPUY).

Amplats Able to Supply Customers Longer Than Lonmin, Implats

Platinum – Bloomberg reported that according to Simon Hudson-Peacock, a fund manager at Momentum Asset Management (Pty) Ltd., Anglo American Platinum Ltd. (OTCMKTS:AGPPY) will be able to supply its customers longer than Lonmin plc (LSE:LMI) and Impala Platinum Holdings Ltd. (OTCMKTS:IMPUY).

Platinum Wage Talks “a Tragedy that Has to Play Itself Out”

Platinum – Speaking to Mineweb, John Brand, a labor law expert and partner at Bowman and Gillfilan, said that South Africa's Association of Mineworkers and Construction Union and major miners Lonmin plc (LSE:LMI), Impala Platinum Holdings Ltd. (OTCMKTS:IMPUY) and Anglo American Platinum Ltd. (OTCMKTS:AGPPY) now have "no choice but to let the [wage talks] scenario play itself out to the detriment of all involved."

Negotiator’s Comment Throws Wrench in Platinum Wage Talks

Platinum – Mineweb reported yesterday that the wage negotiations taking place between South Africa's Association of Mineworkers and Construction Union (AMCU) and major miners Lonmin plc (LSE:LMI), Impala Platinum Holdings Ltd. (OTCMKTS:IMPUY) and Anglo American Platinum Ltd. (OTCMKTS:AGPPY) have "taken a turn for the worse."

South Africa Won’t Take Sides in Feud Between AMCU, Platinum Miners

Platinum – Bloomberg reported that South African President Jacob Zuma has said the nation will not take sides in the feud between the Association of Mineworkers and Construction Union (AMCU) and major miners Lonmin plc (LSE:LMI), Impala Platinum Holdings Ltd. (OTCMKTS:IMPUY) and Anglo American Platinum Ltd. (OTCMKTS:AGPPY).

Platinum Miners Refuse AMCU’s Reduced Wage Offer

Platinum – Mineweb reported that Lonmin plc (LSE:LMI), Impala Platinum Holdings Ltd. (OTCMKTS:IMPUY) and Anglo American Platinum Ltd. (OTCMKTS:AGPPY) have said no to the Association of Mineworkers and Construction Union's (AMCU) most recent wage offer.