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platinum investing

Eastern Platinum Limited: NUM Strike at JIC Impacts CRM Operations

Written by Investing News Network
|
Oct. 20, 2011 02:12PM PST

Eastern Platinum Limited (TSX:ELR,AIM:ELR,JSE:EPS) reported that talks between JIC Mining Services and the National Union of Mineworkers have failed.

Eastern Platinum Limited (TSX:ELR,AIM:ELR,JSE:EPS) reported that talks between JIC Mining Services and the National Union of Mineworkers have failed.

As quoted in the press release,

JIC is one of the largest mining contractors in South Africa and, along with other companies, provides selected contract mining services at the Crocodile River Mine (“CRM”). The employees of JIC have taken strike action and as a result, 756 JIC employees working at CRM have joined the strike, which is peaceful.

Click here to read the Eastern Platinum Limited (TSX:ELR) press release.  

aim:elr platinum investing crocodile river mine tsx:elr eastern platinum
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