JOHANNESBURG, South Africa, June 30, 2004 (PRIMEZONE) -- Impala Platinum Holdings Limited (Implats) (Pink Sheets:IMPUY) (Other OTC:IMPAF) (JSE:IMP) (LSE:IPLA) (ADR:IMPUY) confirms that employees of Horlock Mining, a contractor mining company, who embarked on illegal "go-slow" action at Makwiro Platinum's Ngezi open pit mine on 8 June have returned to work. Implats currently has an effective 88.3% stake in Makwiro through its interests in both Makwiro and Makwiro's parent company, Zimplats. Full production will be resumed immediately.
As the operation was able to process stockpiled ore during the strike, the financial losses are not significant, although the stockpile has been severely depleted.