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| The mining sector is one of South Africa's biggest employers |
South Africa's Anglo American Platinum will cut 1,000 jobs at its struggling Twickenham mine in northern Limpopo province, the firm's chief executive has said, but he ruled out a sale of the mine, Reuters News agency reports.
Platinum prices have been battered by growth concerns in key consumer China and oversupply worries forcing firms to abandon projects and sell mines to cope.
"We are worried about the jobs bloodbath in the South African mining industry. Are mining companies here to create jobs or are they here to cut jobs? It looks like the companies are here to cut jobs and focus on profits," National Union of Mineworkers spokesman Livhuwani Mammburu said, Reuters reports.
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