![Takealot sells fashion retailer Superbalist to private equity consortium](https://biz-file.com/c/2409/749826-64x64.jpg?5)
Subscribe & Follow
Jobs
- Key Account Manager George
- Electronic Workshop Technician Vereeniging
- Electronic Workshop Technician - Retired Vereeniging
Amplats fires miners and share price falls
![Amplats fires miners and share price falls](https://biz-file.com/c/1210/115814.jpg)
The employees who did participate will have three working days to appeal the outcome.
The company confirmed it is experiencing "a strike contagion" at its Union and Amandelbult (Tumela and Dishaba) operations‚ where workers have presented memorandums of demands similar to those received in Rustenburg.
Anglo American Platinum confirmed that as a result of the illegal industrial action of its employees and the initial safety suspension‚ total lost platinum production has amounted to 39‚000 ounces‚ resulting in losses worth about R700m.
"We are committed to participating in the platinum centralised engagement structures driven by the Chamber of Mines‚ as well as exploring the possibility of bringing forward wage negotiations within our current agreements‚" said Chris Griffith‚ Anglo American Platinum's chief executive.
The Union and Amandelbult Mines‚ including Mortimer Smelter‚ are not operating.
Meanwhile, the company's shares traded lower on Friday afternoon as a result of the disciplinary action. Shortly before the JSE closed, Amplats shares were trading at R397.62 from R407.60 earlier on Friday.
Source: I-Net Bridge
![](https://biz-file.com/b/1206/36520.gif?3)
For more than two decades, I-Net Bridge has been one of South Africa’s preferred electronic providers of innovative solutions, data of the highest calibre, reliable platforms and excellent supporting systems. Our products include workstations, web applications and data feeds packaged with in-depth news and powerful analytical tools empowering clients to make meaningful decisions.
We pride ourselves on our wide variety of in-house skills, encompassing multiple platforms and applications. These skills enable us to not only function as a first class facility, but also design, implement and support all our client needs at a level that confirms I-Net Bridge a leader in its field.
Go to: http://www.inet.co.za![](https://cdn.bizcommunity.com/f/2408/Loeries-Tote-bag-competition.gif)
![](/res/img/s.gif)