3,000 Implats Workers Strike in South Africa

Bloomberg reported that about 3,000 Impala Platinum Holdings Ltd. (OTC Pink:IMPUY) workers began a strike after an employee was let go yesterday at one of the company’s South Africa-based mines.

As quoted in the market news:

Workers didn’t report for duty at shaft No. 14 in Rustenburg, northwest of Johannesburg, Bob Gilmour, a spokesman for the company, said by phone. ‘They are protesting the disciplinary action,’ he said.

Spokespeople for the Association of Mineworkers and Construction Union, which represents more than 50 percent of employees at Impala, didn’t answer calls. The National Union of Mineworkers didn’t know about the strike, spokesman Lesiba Seshoka said by phone.

Click here to read the full Bloomberg article.