-- Anglo American will have to cut costs further if platinum-group metals market conditions doesn't improve, Reuters reports, citing Chief Executive Duncan Wanblad.

-- Wanblad said it was very probable jobs would be affected, but declined to say how many, Reuters reports.

-- Prices of some platinum-group metals fell sharply over the last 12 months, driving cost-cutting actions for several major South African PGM miners. Last year, Anglo American announced cuts to save around $1.8 billion.


Full story: http://tinyurl.com/ye26u3ph


Write to Christian Moess Laursen at christian.moess@wsj.com


(END) Dow Jones Newswires

02-06-24 0134ET