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    market news

    Impala Platinum Strike Costs 2.4 Billion Rand and Counting

    Investing News Network
    Mar. 02, 2012 02:15PM PST
    Precious Metals

    Reuters reported the ongoing strike at Impala Platinum’s (JSE:IMP) Rustenberg mine in South Africa has cost 120,000 ounces in production or about 2.4 billion rand in sales.

    Reuters reported the ongoing strike at Impala Platinum’s (JSE:IMP) Rustenberg mine in South Africa has cost 120,000 ounces in production or about 2.4 billion rand in sales.

    As quoted in the market news:

    Johan Theron, a senior executive at Implats, also told Reuters on Friday that the operation was still set to reboot next week as almost 15,000 mineworkers have been rehired, but it remained unclear when full production would resume.

     Click here to read the full Reuters report.
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