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South Africa's Implats Shuts Mines Ahead Of Platinum Strike

South Africa's Impala Platinum shut its Rustenburg operations on Wednesday, a day before a planned strike over wages across the country's platinum belt by the hardline Asso... More South Africa's Impala Platinum shut its Rustenburg operations on Wednesday, a day before a planned strike over wages across the country's platinum belt by the hardline Association of Mineworkers and Construction union. AMCU, the platinum industry's main trade union, plans to strike from Thursday at Implats, Anglo American Platinum and Lonmin, the top three producers of the metal used in emissions-capping catalytic converters in cars. The union had also planned to strike in the gold sector but a court ruled that the strike be suspended pending a review of its legality. Around 100,000 workers or a fifth of South Africa's mining labor force could put down tools or be prevented from crossing picket lines in a stoppage that would hit over half of global platinum production. Less

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