IMP - Impala Platinum Holdings Limited - Implats employees back at work
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 EMPLOYEES BACK AT WORK
Implats is pleased to confirm that all employees who embarked on the unprotected
strike this week, in support of colleagues who were arrested by the SA Police
Services for alleged involvement in incidents of violence, have returned to
work, starting with the night shift last night.
Following a number of questions regarding the current membership of the two
unions at the mine, Implats confirms that management has commissioned a process
to verify claims by the Association of Mineworkers and Construction Union (AMCU)
that they represent more than 10 000 of our employees. We are also in
discussion with all the relevant stakeholders to persuade them to stop the
unnecessary conflict through the establishment of a joint interim workers
committee to discuss and regulate labour issues for the benefit of all the
We condemn the use of violence and intimidation and call on all the parties to
do the same.
Management will attempt to make up some of the lost production (6,000 platinum
ounces) during the next six months through working extra production shifts.
24 May 2012
Deutsche Securities (SA) (Proprietary) Limited
Date: 24/05/2012 13:00:02 Produced by the JSE SENS Department.
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