Implats Strike Causes Loss of 80,000 Platinum Ounces

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.

Click here to read the full Mineweb report.