Anglo American Platinum announced that it will cut 6,000 jobs at its South African operations. The bulk of job losses would be felt at mines near the northern city of Rustenburg, the crucible of fatal labour violence last year. The move was necessary to get the company back on the path to profitability after reporting a more-than-140% drop headline earnings in 2012. Unions have vowed to fight any job cuts and a fresh strike is likely. It is expected that the decision will cut production capacity by 250,000 ounces this year, around 11% of last year's total production.

The Board of Anglo American Platinum Limited announced the appointment of Valli Moosa as Independent Non-Executive Chairman of the company with immediate effect. Valli Moosa's appointment follows the retirement of Cynthia Carroll, who stepped down at the company's Annual General Meeting on April 26, 2013. Valli has been a Director since 2008, served as Deputy Chairman and Lead Independent Director of the Board since 2010 and is well placed to succeed Cynthia as Chairman. Valli is the current Chairman of Sun International Limited. The Board also announced the appointment of Mark Cutifani as a Non-Executive Director of the Board with immediate effect. Mark is the Chief Executive of Anglo American plc and former Chief Executive of AngloGold Ashanti Limited.

Anglo American Platinum Limited reported unaudited operating and capital expenditure results for the first quarter ended March 31, 2013. For the quarter, the group’s equivalent refined platinum production (equivalent ounces are mined ounces expressed as refined ounces) for the first quarter of 2013 decreased by 2% year on year to 583 koz from 593 koz during the first quarter of 2012 due to the intermittent illegal industrial actions at underground mines in South Africa and lower production at Unki mine. The company incurred ZAR 1.06 billion of capital expenditure (excluding capitalized interest) during the quarter. The company provided production guidance for 2013. The company’s platinum's cash unit costs target is approximately ZAR 16,500 per equivalent refined platinum ounce for 2013. This unit cost target is based on an expected production level of 2.3 million ounces of platinum.