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4-Traders Homepage  >  Equities  >  Johannesburg Stock Exchange  >  Anglo American Platinum Ltd    AMSJ   ZAE000013181

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Amplats says production at South Africa mines yet to start

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11/16/2012 | 06:30am CET

Anglo American Platinum (>> Anglo American Platinum Ltd) said on Friday production at its South African operations where workers went on an illegal strike will not resume in the coming week on safety reasons.

Anglo American Platinum (>> Anglo American Platinum Ltd) said on Friday production at its South African operations where workers went on an illegal strike will not resume in the coming week on safety reasons.

"As these operations have been idle for two months it is important to ensure that (safety) activities are carried out to ensure that working places are made safe," Amplats said in a statement.

The company said wildcat action, which ended after the workers accepted its pay offer, cost it 191,359 ounces of platinum production. (Reporting by Olivia Kumwenda; editing by David Dolan)

Stocks treated in this article : Anglo American plc, Anglo American Platinum Ltd
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Financials ( ZAR)
Sales 2017 65 885 M
EBIT 2017 6 879 M
Net income 2017 5 115 M
Debt 2017 3 101 M
Yield 2017 0,51%
P/E ratio 2017 17,60
P/E ratio 2018 9,72
EV / Sales 2017 1,32x
EV / Sales 2018 1,13x
Capitalization 83 995 M
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Mean consensus HOLD
Number of Analysts 15
Average target price 358  ZAR
Spread / Average Target 15%
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NameTitle
Christopher Ivan Griffith Chief Executive Officer & Executive Director
Mohammed Valli Moosa Independent Non-Executive Chairman
Ian Botha Finance Director & Executive Director
Gordon Smith Executive Head-Technical
Richard Matthew Wingfield Dunne Independent Non-Executive Director
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