JOHANNESBURG (Reuters) - Job cuts are a certainty in South Africa's platinum belt because of losses stemming from a 10-week strike in the industry, the chief executive of world No. 1 producer American Platinum said on Friday, raising the risk of further unrest.
CEO Chris Griffith said Amplats' Rustenburg operations, which account for close to 20 percent of group production, would not make a profit this year and would likely be first in line for job cuts.
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