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Impala Platinum Stocks Fall After Announcing Work Stoppage
Jan. 23, 2012 12:46PM PST
Precious Metals InvestingBloomberg reported Impala Platinum Holdings (JSE:IPLA) fell for the first time in three days after announcing work has stopped at its Rustenburg operation.
Bloomberg reported Impala Platinum Holdings (JSE:IPLA) fell for the first time in three days after announcing work has stopped at its Rustenburg operation.
As quoted in the market news:
The second-largest platinum producer dropped 1.1 percent to 176.01 rand by the close of trading in Johannesburg. The stoppage began on Jan. 20 and is related to salary grievances, the Johannesburg-based mining company said in a statement today. Larger rival Anglo American Platinum Ltd. rose 0.6 percent.