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| Platinum production will be reduced by 400,000 ounces.
(Reuters) - Anglo American Platinum, the world's top platinum producer, said it will mothball two South African mines, sell another and cut 14,000 jobs, risking a repeat of last year's strikes when about 50 people died.
Reaction was swift, with a minister saying the government had not been consulted and an Amplats labor leader threatening strikes across South African operations if the closures go ahead.
Tuesday's review is seen as crucial to reviving the fortunes of Anglo American, which owns about 80 percent of Amplats, the platinum producer said it aimed to cut output by around a fifth or 400,000 ounces.
http://www.reuters.com/article/2013/01/15/us-amplats-idUSBRE90E09Y2...
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Platinum mines being mothballed, ja
