Strikes hit output at Anglo American

Strikes across the South African mining industry hit Anglo American's productivity during the fourth quarter of 2012. The mining group said platinum production fell by 29 per cent due to labour unrest last year, while iron ore output was down 19 per cent.

It was hit by strikes at its South African mines including Rustenburg, Amandelbult and Union. Copper production, the second largest contributor to profits, rose by 2 per cent.