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market news

Implats: Union Turf War Likely to Hit Profits

Investing News Network
May. 25, 2012 11:50AM PST
Precious Metals Investing

Reuters reported an ongoing shutdown at Impala Platinum’s (JSE:IMP) mines due to a union battle is likely to drop profits in the next quarter.

Reuters reported an ongoing shutdown at Impala Platinum’s (JSE:IMP) mines due to a union battle is likely to drop profits in the next quarter.

As quoted in the market news:

Implats said in a statement on Wednesday afternoon that it was confident the workers would return for their shifts at the Rustenburg mine soon, though an extended disruption would impact its bottom line.

Click here to read the full Reuters report.

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