South 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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Anglo American upgraded at RBC Capital As previously reported, RBC Capital upgraded Anglo American to Sector Perform from Underperform. The analyst said Anglo's is making progress on operational and cost improvements and could get close to hitting its 2016 ROCE target of 15%.