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AngloGold Suspends Operations Because Of Sit-ins

Anglo American Platinum, or Amplats, the world's top platinum producer, said it is losing an average of 3,694 ounces of platinum per day and to date 141,640 ounces of platinum have been lost.

"We have been patiently appealing to our workers to get back to work so that the situation in Rustenburg and the north of Pilanesburg can go back to normal," said the CEO Chris Griffith. "We are disappointed that the offer, which was made to employees to alleviate some of the hardship as a result of the no-work no-pay principle, has not yet been accepted."

Copyright 2011 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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