Impala Platinum Strike Costs 2.4 Billion Rand and Counting

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.