Impala Platinum Plans to Cut 1,600 South Africa Mining Jobs
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Impala Platinum Holdings Ltd., the world’s second-largest producer of the metal, plans to cut as many as 1,600 jobs at its Rustenburg operations in South Africa as the prices have fallen to six-year lows.
Workers at the Rustenburg Lease mine, northwest of Johannesburg, were handed notices about the personnel cuts on Wednesday, spokesman Johan Theron said by phone on Thursday.