{"id":10813,"date":"2012-05-29T10:15:25","date_gmt":"2012-05-29T08:15:25","guid":{"rendered":"http:\/\/www.myza.co.za\/05\/update-1-implats-says-march-quarter-output-falls-46-pct\/"},"modified":"2012-05-29T10:15:25","modified_gmt":"2012-05-29T08:15:25","slug":"update-1-implats-says-march-quarter-output-falls-46-pct","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/update-1-implats-says-march-quarter-output-falls-46-pct\/","title":{"rendered":"UPDATE 1-Implats says March quarter output falls 46 pct"},"content":{"rendered":"<p>\t\t<span><\/span><\/p>\n<p>(Adds details)<span><\/span><\/p>\n<p><span><\/span><\/p>\n<p>JOHANNESBURG, MAY 29 &#8211; Impala Platinum, the world&#8217;s<br \/>\nsecond largest platinum producer, said on Tuesday refined<br \/>\nplatinum fell 46 percent in the three months to the end of March<br \/>\nand its embattled Rustenburg mine would return to pre-strike<br \/>\nlevels in June.<\/p>\n<p><span><\/span><\/p>\n<p>The company had already said it lost 120,000 ounces in<br \/>\nproduction earlier this year to a violent, six-week illegal<br \/>\nstrike sparked by a turf war between rival unions.<\/p>\n<p><span><\/span><\/p>\n<p>Implats said production in the three-month period fell to<br \/>\n230,000 ounces from 425,000 ounces in the same quarter of last<br \/>\nyear. Production declined by 22 percent for the nine-months to<br \/>\nend March to 1.08 million ounces.<\/p>\n<p><span><\/span><\/p>\n<p>The battle between unions halted the company&#8217;s operations at<br \/>\nthe world&#8217;s largest platinum mine.<\/p>\n<p><span><\/span><\/p>\n<p>The fight halted operations again last week but workers were<br \/>\nback at work within two days. The stoppage cost the company<br \/>\n3,000 ounces in lost production per day.<\/p>\n<p><span><\/span><\/p>\n<p>Implats said nearly 11,000 employees had resigned from the<br \/>\nNational Union of Mineworkers (NUM), the industry&#8217;s largest<br \/>\ntrade union.<\/p>\n<p><span><\/span><\/p>\n<p>It said NUM&#8217;s rival, the upstart Association of Mineworkers<br \/>\nand Construction Union, has approached the company to be<br \/>\nrecognised as a union. AMCU officials told Reuters it had<br \/>\nenlisted more than 12,000 members at the Rustenburg operations,<\/p>\n<p><span><\/span><\/p>\n<p>Implats said output was also hurt by a reduction of third<br \/>\nparty material processed by Impala Refining Services.\t<\/p>\n<p> (Reporting by Sherilee Lakmidas; Editing by Jon Herskovitz)<\/p>\n<p><span><\/span><\/p>\n<p class=\"copyright\">\n<p>         \t\t\u00a9 Thomson Reuters 2012 All rights reserved<\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Adds details) JOHANNESBURG, MAY 29 &#8211; Impala Platinum, the world&#8217;s second largest platinum producer, said on Tuesday refined platinum fell 46 percent in the three months to the end of March and its embattled Rustenburg mine would return to pre-strike levels in June. The company had already said it lost 120,000 ounces in production earlier [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","ngg_post_thumbnail":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[830,2370,183],"class_list":{"0":"post-10813","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-south-africa","7":"tag-news","8":"tag-reuters","9":"tag-south-africa-2","10":"entry"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/10813","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/comments?post=10813"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/10813\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=10813"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=10813"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=10813"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}