Reuters logo
S.Africa's Northam loses $5 mln due to underground sit-in
April 5, 2013 / 12:30 PM / 5 years ago

S.Africa's Northam loses $5 mln due to underground sit-in

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)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below