Exact(1)
On its own Marikana (which produces just over 1% of world supply) is insufficient to right the balance, but mothballing this operation is certainly a step in the right direction and demonstrates a willingness on the part of Anglo Platinum to shut loss making capacity.
Similar(56)
It was shut with loss of 150 jobs - despite three offers to buy it being made by US investment firm RiverOak.
Shortly afterwards EADS came under fire in France because of its plans to shut a loss-making subsidiary near Bordeaux.
It has already shut 81 loss-making stores, leaving it with 215 subject to negotiations with landlords.
Firms will also be allowed to shut down loss-making factories.As a special privilege, the navaratnas will not need permission for investments of less than 20 billion rupees.
A factory in Ayrshire was shut with the loss of 200 jobs.
Halsall confirmed that the venture would shut, with the loss of five jobs.
A call centre in Newport is also being shut, with the loss of 90 jobs.
One of the UK's last remaining coal mines is to shut with the loss of up to 650 jobs.
Distribution depots at Oxford, Faringdon and Thame, Oxon, are also expected to shut with the loss of 60 jobs.
After almost 100 years in operation, Europe's second-biggest blast furnace shut with the loss of 1,700 jobs and wider consequences for the struggling local economy.
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