The world's largest producer of platinum, Anglo American Platinum, says that it will extend a deadline for striking workers in South Africa to return without penalty. The workers say that they want pay increases before they will return to the mines. The company is the last large mining company to face a large strike after thousands of South African miners struck throughout August, September and into October. The mining strikes decreased output and cost the economy over a billion dollars. The company has repeatedly extended the deadline for workers to return without penalty, but says that they will only wait for so long before dismissing the striking workers.
See "Anglo Platinum Extends Offer to Striking Workers", Devon Maylie, The Wall Street Journal, October 31, 2012