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Impala Platinum starts voluntary job cuts at South Africa mines

Impala Platinum IMPJ.J said it was offering voluntary job cuts to workers at some of the world’s deepest platinum mining shafts in South Africa in a bid to cut costs as prices for the metal fall.

The Johannesburg-based platinum miner started the process at its head office last month, and is now extending the exit packages to its sprawling Rustenburg mining complex in North West province, company spokesperson Johan Theron told Reuters.

 

Source: CNBC Africa

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