IMP - Implats - Work Stoppage at Impala Rustenburg
Impala Platinum Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration No. 1957/001979/06)
JSE Share Code : IMP
LSE Share Code : IPLA
ADR Code : IMPUY
("Implats" or "the Company")
WORK STOPPAGE AT IMPALA RUSTENBURG
Implats wishes to advise that the majority of the mining workforce at its Impala
Rustenburg operation have failed to report for duty today, Monday 30 January
2012. This follows on a work stoppage by the operation`s rock drill operators
(RDO`s), who participated in an illegal work stoppage last week.
The failure of the workforce to report for work this morning is due to an
alternative union, known as the Association of Mineworkers and Construction
Union (AMCU), who have, despite no formal process in place, attempted to gain
recognition at the Rustenburg operation. The Company has applied and been
granted a further Court interdict today declaring the strike illegal.
The mining workforce will be given a deadline of 1 February 2012 to return to
work or face dismissal.
Further announcements will be made in due course.
30 January 2012
Issued by sponsor: Deutsche Securities (SA) (Proprietary) Limited
Date: 30/01/2012 16:11:03 Produced by the JSE SENS Department.
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