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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Impala Platinum | LSE:IPLA | London | Ordinary Share | ZAE000083648 | ORD ZAR0.025 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 266.36 | 0.00 | 00:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMIPLA Impala Platinum Holdings Limited (Incorporated in the Republic of South Africa) (Registration No. 1957/001979/06) ISIN: ZAE000083648 JSE Share Code: IMP LSE Share Code: IPLA ADR Code: IMPUY ("Implats" or the "Company") IMPLATS UPDATE ON ILLEGAL STRIKE IN RUSTENBURG Implats has previously communicated to shareholders about the illegal work stoppage at its Rustenburg mine. The strike has now entered its sixth week and Implats has lost 100,000 Pt oz which is equivalent to a loss of revenue of around R2 billion. Implats is working with the Department of Mineral Resources in order to resume production as soon as practically possible, but it is dependent on operational turnout of staff. The 15,800 employees who did not join the illegal work stoppage and the 9,800 who have re-applied for their positions are involved with mining activities such as cleaning, establishment, critical end development and making-safe in anticipation of resumption of production. Third party material deliveries continue to be processed as normal. Implats and the National Union of Mineworkers are encouraging dismissed employees to return to work by the deadline of Wednesday, 29 February 2012 for reinstatement at previous benefits and conditions, after which time normal recruitment procedures will apply on a first come first served basis. The financial information in this announcement has not been reviewed and reported on by the Company's auditors. Johannesburg 28 February 2012 Sponsor: Deutsche Securities (SA) (Proprietary) Limited END
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