Amplats sees 'meaningful' output after 2 weeks

Comment on this story


Chris Griffith

Independent Newspapers.

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

Johannesburg - Anglo American Platinum expects it will take about two weeks for the company to resume significant output after a 5-month work stoppage at the world's biggest producer of the metal, its chief executive said on Wednesday.

“I reckon in about two weeks we'll start seeing meaningful production,” Chris Griffiths, Amplats chief executive, told Talk Radio 702.

Amplats, along with rivals Lonmin and Impala Platinum signed wage deals with the Amcu union on Tuesday, bringing an end to the longest and costliest labour strike in South African history. - Reuters


sign up
 
 

Comment Guidelines



  1. Please read our comment guidelines.
  2. Login and register, if you haven’ t already.
  3. Write your comment in the block below and click (Post As)
  4. Has a comment offended you? Hover your mouse over the comment and wait until a small triangle appears on the right-hand side. Click triangle () and select "Flag as inappropriate". Our moderators will take action if need be.

     

Join us on

IOL-Social networks IOL-Social networks IOL-Social networks IOL-Social networks