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    market news

    Implats Loses About $263 Million in Income at Rustenberg Mine

    Investing News Network
    Feb. 28, 2012 01:51PM PST
    Precious Metals Investing

    Reuters reported Impala Platinum (JSE:IMP) said on Tuesday the costs of an illegal strike at its Rustenberg mine have reached 100,000 ounces and a loss of income of about $263.66 million.

    Reuters reported Impala Platinum (JSE:IMP) said on Tuesday the costs of an illegal strike at its Rustenberg mine have reached 100,000 ounces and a loss of income of about $263.66 million.

    As quoted in the market news:

    The strike, in its sixth week, has been marked by violence and a turf battle between unions. Implats said four more workers had been attacked in a sign that tensions remain

    Click here to read the full Reuters report.

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