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Stock Market & Financial Investment News

News Breaks
January 13, 2013
16:24 EDTAAUKYSouth Africa miners poised for job cuts, WSJ says
Foreshadowing potential layoffs in South Africa's cash-strapped and strike prone mining sector, Anglo American (AAUKY) may cut thousands of jobs in South Africa after a review of its platinum operations there, reports the Wall Street Journal, citing investors and analysts. Reference Link
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July 20, 2014
12:56 EDTAAUKYAnglo American plans to sell South African platinum mines, Sunday Times says
Anglo American plans to sell off its legacy South African platinum mines and according to the Sunday Times, will make the announcement tomorrow in a move that will reduce headcount by 20,000. Reference Link

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