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    market news

    Royal Bafokeng Platinum Production Dips One Percent

    Investing News Network
    Oct. 23, 2012 12:38PM PST
    Precious Metals Investing

    Mineweb reported Royal Bafokeng Platinum said its production dipped one percent in September as a three-day wildcat strike hit.

    Mineweb reported Royal Bafokeng Platinum said its production dipped one percent in September as a three-day wildcat strike hit.

    As quoted in the market news:

    The company reported production of 621,353 tonnes for the July-September quarter, down 43,262 tonnes from the previous quarter.

    RBPlat’s employees held a three-day wildcat strike in August demanding monthly salaries of 12,500 rand ($1,400), resuming work on promises that grievances unrelated to pay would be looked into.

    Click here to read the full Mineweb report.

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