Mining News

High-flying Anglo Platinum’s stakeholders receive nigh-R40bn boost

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The strong operational and financial performance of platinum group metals company Anglo American Platinum in the six months to June 30 translated into nearly R40-billion worth of benefits for stakeholders including the fiscus, local and doorstep suppliers and communities. In light of the impact of Covid-19 and the recent unrest in parts of South Africa, it has committed an additional R400-million in funding to extend its WeCare programme. This will include mechanisms for financial assistance for employees who need additional support, food relief packages, other necessities for vulnerable employees and projects to stimulate economic recovery so that it can continue doing what is right for its employees, its communities and for South Africa.

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