By Silvia Antonioli
LONDON (Reuters) - The crippling four-month miners strike in South Africa could last much longer, the chief executive of Impala Platinum said, adding that feedback from initial court-mediated talks with the world's biggest producers and main mining union was lukewarm.
South African platinum miners Anglo American Platinum (Amplats), Impala Platinum (Implats) and Lonmin have been battered by a strike over wages that began on Jan. 23 and has cost the trio collectively almost $2 billion (1.2 billion pounds) in lost revenue.
The stoppage has also turned increasingly violent, with the National Union of Mineworkers reporting one of its members was stabbed to death on his way to work at Angloplat, the fifth such killing in the past two weeks.
The talks, aimed at ending South Africa's longest-ever mining dispute, started on Wednesday and should last for up to three days.
"So far as hope is concerned, the feedback that I have got was lukewarm from yesterday but they are going back into session today," Implats CEO Terence Goodlace, in an exclusive interview with Reuters, said about the talks.
Asked how long the strike could last, Goodlace said:
"It's almost like how long is a piece of string. I suppose the proper answer to it is that it could go on for much longer because we are so far apart between the two parties ... My expectation is they will probably go on for longer."
On supply, he said Implats was prioritising its local customers.
"All of the people doing autocatalyst business in South Africa will get what we produce first and then the balance will be looked at with other (off shore) customers," he said.
He also said the company was unlikely to pay a year-end dividend. Implats had reported an 11 percent rise in half-year profit in February, having recovered from a wave of strikes that hit the sector in 2012.
Platinum prices hit their highest since September last year at $1,493.90 per ounce after Goodlace's comments.
(Additional reporing by Ed Stoddard in Johannesburg; Editing by Veronica Brown and David Evans)