Miners at work
underground in the
Impala’s Rustenburg
Platinum mine
Johannesburg, South Africa — MININGREVIEW.COM — 24 January 2012 – Impala Platinum Holdings Limited “’ the second largest platinum producer in the world “’ has started dismissing workers who failed to return to work today.

“A court order has declared the strike illegal and the company will follow due legal process with all employees who did not report for duty today,” the company said. It revealed earlier this week that about 5,000 rock- drill operators had stopped work at its Rustenburg operation, the world’s biggest platinum group metals mine.

The stoppage began last Friday and is related to salary grievances, the company statement added.

“Impala Platinum agreed a wage deal with South Africa’s National Union of Mineworkers that will see pay increased by as much as 10%,” company spokesman Bob Gilmour said on 7
October. Inflation in the country, the continent’s biggest economy, was 6.1%in December, matching the previous month’s reading, the highest since January 2010.

Gross platinum output declined 12% to 388,000 ounces in the first quarter through September compared with a year earlier, the company reported in November. Three workers died at the company’s Rustenburg operation in that period.