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Impala Platinum Says 11 People Died in Shaft Incident

By Christian Moess Laursen

 

Impala Platinum Holdings said 11 employees died in a shaft incident at its Rustenburg operations in South Africa, with 75 hospitalized, in the worst mining accident for a South African company in 14 years.

The precious-metals mining company said Tuesday that the rescue operation is complete and all 86 employees are accounted for.

The incident is one of the most significant losses of life for a South African company since the 2009 Harmony Gold mining disaster.

Operations at Rustenburg have been halted as a result.

Shares are down 6.4% at ZAR78.50.

 

Write to Christian Moess Laursen at christian.moess@wsj.com

 

(END) Dow Jones Newswires

November 28, 2023 05:06 ET (10:06 GMT)

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