January 17, 2013

Amplats passing the buck after pocketing the rand

No wonder Anglo American Platinum, the world’s largest platinum producer, is fixing to lay off at least 14 000 workers. According to the Chamber of Mines of South Africa, the remuneration of a mineworker increased by an average of 30% each year between 1999 and 2011. I highly doubt the average mineworker increased his or…

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