S.Africa's Northam loses $5 mln due to underground sit-in
JOHANNESBURG, April 5
JOHANNESBURG, April 5 (Reuters) - South African junior platinum miner Northam Platinum said on Friday it had lost 46.2 million rand ($5 million) of production because of an underground sit-in since Tuesday at its Zondereinde mine.
The company said it had lost 3,900 ounces of metal in concentrate at the mine.
"Zondereinde's management team has constituted a consultative forum and is engaging with employee representatives in an attempt to resume operations as soon as possible," it said in a statement. ($1 = 9.1814 South African rand) (Reporting by Tiisetso Motsoeneng; Editing by Ed Cropley)
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