He also added that the company is unlikely to declare force majeure on supplies to customers.
“If we run out of metal we will go to the market to buy it … to supply our customers,” CEO Chris Griffith told journalists, adding that output was running at 60 per cent.
(READ MORE: S.African platinum bosses warn of strike costs)
Griffith also said job losses were inevitable in the strike-hit Rustenberg platinum belt.
Workers led by the Association of Mineworkers and Construction Union (AMCU) downed tools in late-January, demanding a doubling of wages that platinum producers have said they can ill-afford.
Talks, under the government mediator, resumed this week after they had collapsed three weeks ago because the union and companies – which also include Impala Platinum and Lonmin – were too far apart.
Following the meeting held with AMCU on the March 26, CCMA mediators will meet again with the platinum producers on March 31.