Impala Platinum Holdings Ltd. (IMP.JO), the world's second-largest producer of the metal, said Tuesday that its Rustenburg mine has reached about 84% of full production and is due to reach full production by the end of June.

The company's executive director of South African operations, Paul Dunne, told analysts on a conference call that Rustenburg produced 64,000 troy ounces of platinum in May.

"Shafts 12, six, eight and five shaft, although small, have all reached 100% of their expected production and we are confident that the rest will follow into June," he said.

Rustenburg suffered about 120,000 ounces of lost platinum output due to a six-week illegal strike, contributing to a 46% drop in the company's total platinum output, to 230,000 troy ounces, in the third quarter compared with the same quarter a year before.

-By Alex MacDonald, Dow Jones Newswires; +44 (0)20 7842 9328; alex.macdonald@dowjones.com

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