Publications
Partners
Johannesburg - Workers have downed tools in a wildcat strike at Northam Platinum's flagship Zondereinde mine in Limpopo, the company said on Wednesday.
Northam [JSE:NHM] said in a statement the strike started with the overnight shift on Tuesday and that smelter operations were unaffected.
In August last year Northam Platinum said it fell into a loss because of a protracted strike at its key operations.
The mid-tier platinum producer said at the time headline losses per share for the year to the end of June were 2.2 cents, compared with earnings of 136.5c a year earlier.
Headline EPS is strips out certain one-off and non-trading items.
Over 7 000 members of the National Union of Mineworkers (NUM) had downed tools at its Zondereinde mine, demanding higher wages.
The strike ended just before a five-month strike by NUM's arch rival, the Association of Mineworkers and Construction Union (Amcu), at Anglo American Platinum [JSE:AMS], Impala Platinum [JSE:IMP] and Lonmin [JSE:LON].
