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RBPlat Q1 output hit by safety stoppages

Apr 25 2012 11:40 Reuters

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Johannesburg - Royal Bafokeng Platinum, a junior producer of the precious metal, said on Wednesday that its first-quarter output was hit by increased safety stoppages, the latest company in the sector to report such a trend.

A total of 532 000 tonnes of ore was delivered to the concentrators in the three months to end March, a 3% drop from the delivered tonnage in the same quarter of last year, the group said in its quarterly production report.
 
RBPlat said safety-related stoppages had cost the company an estimated 61 618 tonnes in lost output in the quarter compared with 28 925 tonnes a year ago.
royal bafokeng platinum
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