June 18, 2020 / 7:15 AM / 23 days ago

S.Africa's Amplats targets mines at 75-80% capacity by end-year

LONDON, June 18 (Reuters) - Anglo American Platinum expects to bring its mines production back up to 75% to 80% of capacity by the end of this year as South African mines recover from a forced COVID-19 shutdown, CEO Natascha Viljoen said on Thursday.

“Our ramp-up is targeted to get to 75 or 80 percent towards the end of the year,” she told reporters. Production lost during South Africa’s early lockdown, when most mines in the country shut down, would probably not be recovered, she said.

Viljoen, who was appointed as CEO in April, estimated the platinum miner had spent 25 million rand ($1.45 million) on sanitation and personal protective equipment at its mines so far.

$1 = 17.1923 rand Reporting by Helen Reid; Editing by Mark Potter

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below