Amplats hit hard by South Africa’s mining strikes, down to an annual loss

By Cecilia Jamasmie

Anglo American Platinum (Amplats), the world’s top platinum producer, announced Monday an operating loss of $715 million in 2012 as it counted the cost of two months of wildcat strikes at its South African operations.

The loss by the company, which is 80% owned by Anglo American (LON:AAL), comes after a …read more