Impala Platinum Holdings Ltd. (IMPUY: OTC Link) | FIRST UPDATE: WORK STOPPAGE BY ROCK DRILL OPERATORS AT IMPALA RUSTENBURG

FIRST UPDATE: WORK STOPPAGE BY ROCK DRILL OPERATORS AT IMPALA RUSTENBURG

Jan 24, 2012

OTC Disclosure News Service

Johannesburg, South Africa –

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”)

 

FIRST UPDATE: WORK STOPPAGE BY ROCK DRILL OPERATORS AT IMPALA RUSTENBURG

 

Implats wishes to advise that the 5 000 rock drill operators (RDO’s), who initiated a work stoppage on Friday, 20 January 2012, have failed to report for duty this morning, Tuesday, 24 January 2012. 

 

As the strike has been declared illegal the Company has started dismissing these employees.

 

Further announcements will be made in due course.

 

24 January 2012

Johannesburg

 

Issued by sponsor: Deutsche Securities (SA) (Proprietary) Limited

 

 

The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.

Article source: http://www.otcmarkets.com/stock/IMPUY/news?id=41652

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