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    market news

    Implats Rustenberg Platinum Mine Now Under Police Control

    Investing News Network
    Feb. 17, 2012 02:10PM PST
    Precious Metals Investing

    Bloomberg reported that following riots at Impala Platinum’s (JSE:IMP) Rustenberg mine, police have taken control of the area.

    Bloomberg reported that following riots at Impala Platinum’s (JSE:IMP) Rustenberg mine, police have taken control of the area.

    As quoted in the market news:

    A “big police presence” has been sent to the mine, also known as Impala, after the unrest yesterday, he said. Today about 500 miners and unemployed people protested outside the mine, Sydwell Dokolwana, the National Union of Mineworkers’ regional secretary in Rustenburg, said. Demonstrators yesterday killed a miner who was on his way to work, he said in a phone interview.

    Click here to read the full Bloomberg report.

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