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Amplats: Hard to raise money

February 20 2013 at 12:19pm
By Reuters

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ChrisGriffith

Independent Newspapers.

Anglo Platinum chief executive Chris Griffith. Photo: Leon Nicholas.

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Cape Town - Persistent labour unrest in South Africa is making it difficult for Anglo American Platinum to ask investors for additional investment, its chief executive told a parliamentary committee looking at the platinum crisis on Wednesday.

“If we keep having all these stoppages, if we keep having all these difficulties and we keep sending these difficult messages from South Africa ... we are going to find it very difficult to ask for that money that we want to put in to maintaining our presence in South Africa,” said Chief Executive Chris Griffith. - Reuters


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