Amplats Mulling Whether to Keep Rustenburg Mines Amid Strike
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Anglo American Platinum Ltd. is considering whether it should keep its mines in South Africa’s Rustenburg area, where a strike that’s in its third month has crippled output by the world’s three biggest producers.
The company has “already indicated we’re exiting Union mines; Rustenburg mines are now part of the consideration,” Chris Griffith, the chief executive officer of the Anglo American Plc unit known as Amplats, said in an interview after the company’s annual general meeting in Johannesburg today. “We’re now thinking very seriously: does it form part of the future of this company?”