December 4, 2007 / 1:02 PM / in 11 years

Angloplat says to lose 9,000 oz due to safety strike

JOHANNESBURG, Dec 4 (Reuters) - Anglo Platinum (AMSJ.J) said on Tuesday it would lose 9,000 refined platinum ounces due a strike by South Africa’s biggest miners’ union, and said the loss was already factored in its slashed 2007 output forecast.

“This one-day strike will have an impact equal to 9,000 ounces of refined platinum ounces, this amount had been included when we reduced the 2007 production forecast,” Simon Tebele, a spokesman for Angloplat said.

Angloplat, majority-owned by Anglo American Plc (AAL.L), said last month that it expected its output forecast for 2007 to between 2.45 and 2.5 million ounces of refined platinum.

The firm attributed the cutback to a company-wide safety campaign that would see some mines shut temporariLy, closures of its operations after mine deaths and the one-day safety strike. Angloplat produced 2.82 million ounces in 2006. (Reporting by James Macharia)

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