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South Africa: Strike costs Northam Platinum $46.9 million in lost revenue

January 7, 2014 - 6:00am


South Africa's Northam Platinum Ltd. has lost 500 million South African rand ($46.9 million) in revenue because of the ongoing strike, which started on Nov. 3 2013, Mining Review Africa reported.

Employees' losses in wages have touched the ZAR 100 million ($9.3 million) level.

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