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Implats Strike Causes Loss of 80,000 Platinum Ounces
Feb. 21, 2012 01:41PM PST
Precious Metals InvestingMineweb reported Impala Platinum (JSE:IMP) said the violent strikes at its Rustenberg platinum mine have cost 80,000 ounces in production so far.
Mineweb reported Impala Platinum (JSE:IMP) said the violent strikes at its Rustenberg platinum mine have cost 80,000 ounces in production so far.
As quoted in the market news:
The stoppage, now in its fifth week, is costing 20,000 ounces a week but the company said its capital projects remained “largely unaffected” by the unfolding drama around the mine, where violence has claimed the lives of two miners.