IMP
IMPO
IMP - Implats - Work stoppage at Impala Platinum
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")
WORK STOPPAGE AT IMPALA PLATINUM
Implats confirms that there is an unprotected work stoppage at the company`s
operations on the Impala lease area in the North West Province. The stoppage
involves most of the work force and relates to medical service demands.
A meeting has been held with the National Union of Mineworkers (NUM) to discuss
the issues arising from their memorandum of demands. Management has agreed in
principle to address the main concerns. The parties have agreed to meet on
Monday, 19 February 2007 to further discuss these issues.
Management and the NUM have appealed to employees to resume work as soon as
possible.
Further announcements will be made in due course.
16 February 2007
Johannesburg
Issued by sponsor: Deutsche Securities (SA)(Proprietary) Limited
Date: 16/02/2007 15:35:15 Produced by the JSE SENS Department. |