RBP - RBPlat - Industrial Action by Contract Miners at RBPlat`s Bafokeng
RBP
RBP
RBP - RBPlat - Industrial Action by Contract Miners at RBPlat`s Bafokeng
Rasimone Platinum Mine ("BRPM")
ROYAL BAFOKENG PLATINUM LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2008/015696/06)
JSE share code: RBP ISIN: ZAE000149936
("RBPlat" or the "company")
INDUSTRIAL ACTION BY CONTRACT MINERS AT RBPLAT`S BAFOKENG RASIMONE PLATINUM MINE
("BRPM")
RBPlat advises that members of the National Union of Mineworkers ("NUM")
employed by JIC Mining Services("JIC")("contract miners"), have embarked on a
protected strike action since Monday 17 October 2011, resulting from a wage
dispute between the contract miners and JIC.
JIC is one of the largest mining contractors in South Africa providing selected
contractor mining services to the industry.
The industrial action, if prolonged, will impact on production for the duration
of the strike, more specifically at BRPM`s South Shaft.
RBPlat management is making every effort to facilitate a swift resolution of the
unresolved matters between the parties, to bring to an end the industrial action
and restore full production at BRPM as soon as possible.
Shareholders will be updated as developments occur or when the industrial action
terminates and normal operating conditions resume.
Johannesburg
21 October 2011
JSE Sponsor
Macquarie First South Capital (Pty) Limited
For further enquiries, please contact:
Lindiwe Montshiwagae
Investor Relations Manager
Tel: +27 (0)10 590 4517
Mobile: +27 (0)82 920 7803
Date: 21/10/2011 08:34:01 Produced by the JSE SENS Department.
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