Johannesburg, South Africa — 24 May 2012 – Impala Platinum “’ the world’s second-biggest producer of the precious metal “’ has announced that miners have returned to work at its flagship Rustenburg mine after a two-day work stoppage that cost it at least 6,000 ounces in output.

“Yes, we are back at work,” chief executive David Brown told Reuters.

The operation had been hit by renewed strife stemming from a battle between rival unions.
The clashes were between the dominant National Union of Mineworkers (NUM) and the Association of Mineworkers and Construction Union (AMCU).

The latest round was sparked when police said suspected AMCU supporters had allegedly shot and wounded a NUM member last week. Their arrest on Monday had prompted protests, which saw most of the mine’s workforce failing to report for duty on Tuesday and yesterday.

Implats said in a statement yesterday that it was confident the workers would return to their shifts soon, and pointed out that a work stoppage, if protracted, would impact near-term profitability as well as the number of jobs that could be sustained in the future.

Source: Reuters. For more information, click here.