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Northam Platinum dips as strike drags on

Reuters|Published

File image: Reuters File image: Reuters

Johannesburg - Shares of Northam Platinum dip 2 percent after it says an illegal underground work stoppage at its flagship Zondereinde mine enters its third week.

Northam says the strike over productivity bonuses has cost it 12,500 ounces in platinum group metal production and 143 million rand ($15.60 million) in revenue so far. - Reuters