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 confirms that there is a work stoppage at the company`s Rustenburg
Operations. The stoppage involves most underground employees.
This stoppage occurred despite the union`s suspension of its strike notice over
the weekend following the agreed wage settlement of a 10% increase to all
The situation is exacerbated by the fact that no demands have been made of
management by the striking workers. The work stoppage appears to be related to
communication between the union and its members.
Both Marula and the Refining operations continue to run as normal. Further
announcements will be made in due course.
25 August 2009
Issued by sponsor: Deutsche Securities (SA) (Proprietary) Limited
Date: 25/08/2009 12:30:02 Produced by the JSE SENS Department.
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