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| Name | Symbol | Market | Type |
|---|---|---|---|
| Anglo American Platinum Ltd (PK) | USOTC:ANGPY | OTCMarkets | Depository Receipt |
| Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 6.01 | 6.01 | 6.01 | 0.00 | 01:00:00 |
From May 2019 to May 2024
By Adam Clark
Anglo American Platinum Ltd. (AMS.JO) said Thursday that it has settled a strike at the Mototolo Mine in South Africa and will reinstate fired workers.
The mining company, which is majority-owned by Anglo American PLC (AAL.LN), said the 643 dismissed workers will return by Friday. The agreement with the General Industrial Workers Union will allow employees to earn back lost income via additional shifts.
"Our priority is now to safely restore the mine to full production as quickly as it is practical to do so," Chief Executive Chris Griffith said.
The strike began on May 12 due to a dispute over an employee medical scheme after Anglo American Platinum acquired Glencore PLC's (GLEN.LN) minority stake in the mine in November 2018.
Write to Adam Clark at adam.clark@dowjones.com; @AdamDowJones
(END) Dow Jones Newswires
May 30, 2019 03:17 ET (07:17 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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