Business
Update on Labour Disruptions in South Africa
Update on Labour Disruptions in South Africa.
About this update from Petra Diamonds Limited
[{"type":"text","content":"\n \nRNS Number : 4815R Petra Diamonds Limited 21 September 2017 \n\n \n \n \n \n \nThis announcement contains inside information \n \n\n\n\n\n21 September 2017\n\n\n LSE: PDL\n\n\n\n\n \n \nPetra Diamonds Limited\n(\"Petra\" or the \"Company\" or the \"Group\")\n \nUpdate on Labour Disruptions in South Africa\n \n \nPetra Diamonds Limited confirms that it has received a notice from the National Union of Mineworkers (\"NUM\") indicating the intention to strike at the Koffiefontein mine in South Africa from Friday 22 September 2017. \n \nAs previously announced, labour disruption is also currently being experienced at the Finsch and Kimberley Ekapa Mining JV operations. The situation remains the same that while underground mining has been affected, plant treatment is continuing at near normal capacity at both operations, treating surface material and available stockpiles, to ensure the least possible impact on Group production. The Cullinan mine has not been impacted by labour disruption and production continues there as normal.\n \nThe Company remains in ongoing discussions with NUM in order to resolve the situation and Petra will update the market as soon as is appropriate with further clarity on the potential impact of the disruption to the Group. \n \n \n~ Ends ~\n \n \nFor further information, please contact:\n \nPetra Diamonds, London Telephone: +44 20 7494 8203\nCathy Malins [email protected] \n \nBuchanan &...