Anglo American Platinum Ltd (AMSJ.J)
29 Aug 2014
|Market Cap (Mil.):||R122,184.80|
|Shares Outstanding (Mil.):||269.68|
* Reboot process frought with difficulty -Harmony Gold CEO
* Anglo American Platinum, Ballard Power behind pilot scheme
HARARE - A Zimbabwe-Russia joint venture company, Ruschrome Mining, plans to invest $1.6 billion in developing a platinum mine and constructing a smelter and refinery in the African state, the state-owned Herald newspaper reported on Tuesday.
(Adds Pfizer, Nobel Biocare, Edison, Millhouse Capital, Bank of Cyprus)
* SPDR Gold Trust holdings up again (Adds comment, NEW YORK to dateline, second byline, updates market activities)
JOHANNESBURG - World number-one platinum producer Anglo American Platinum is to sell a swathe of its most labor-intensive South African mines after a five-month strike shattered its hopes of ever making them profitable.
* Amplats lost over 400,000 ounces to 5-month strike (Adds additional CEO comments)
JOHANNESBURG - World no. 1 platinum producer Anglo American Platinum said on Monday it planned to sell its Union mine, Rustenburg operations and a joint venture in South Africa, a widely expected move after it was hit by a five-month strike.
JOHANNESBURG - Anglo American Platinum said on Monday "a number" of suitors had expressed interest in buying the strike-hit mines it is selling in South Africa.
* Shares fall as much as 1.8 pct (Adds details, analyst comment, share price)
Earnings vs. Estimates
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Anglo American Platinum Ltd: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
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