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World’s largest platinum mine restarts

6 March 2012 By admin

JOHANNESBURG, March 5 (Reuters) – Impala Platinum
said on Monday that the world’s largest platinum mine
had restarted as planned.

The company’s Rustenburg mine has been hit by a crippling
illegal strike which cost the company 120,000 ounces in lost
platinum group metals production.

“Everything happened as we had hopped,” said Implats
executive Johan Theron of the return to work.

“Our focus now is to stabilise and normalise production,” he
said.

Implats full year production target for Rustenburg of
915,000 to 920,000 ounces will be revised downward following the
industrial action but the company said it was committed to
trying to make up at least some of the lost ounces.

The company has rehired around 14,950 of the 17,200 people
it dismissed for participating in the stay away.

“We think the bulk of the people have headed back,” said
Theron, who is in charge of industrial relations.

David Msiza, the chief inspector of mines for South Africa
who is spearheading a safety drive, told Reuters the reboot
would be monitored closely to ensure it was done in a safe
manner.

“They have been away six weeks and we will expect them to do
certain things as they start up,” he said in a phone interview.
He said this would include rehashing their safety drills and
ensuring support systems underground were still adequate.

(Reporting By Sherilee Lakmidas and Ed Stoddard, editing by
William Hardy)

© Thomson Reuters 2012 All rights reserved





Previous: S.Africa’s Malema to appeal ANC decision to suspend him
Next: South Africa in the News on 6 March 2012





Filed Under: South Africa Tagged With: news, reuters, south africa

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