Implats CEO says FY 2015 costs will "not be pretty"

JOHANNESBURG (Reuters) - Impala Platinum faces a tough task to reduce costs in its next financial year due to the impact of a five month strike at its key South African operations, its chief executive said on Thursday. "Costs in 2015 are not going to be pretty," Terence Goodlace told reporters after the company unveiled a 74 percent fall in its earnings for 2014. Goodlace said as the company ramped-up operations, it expected to produce 250,000 ounces at its strike-hit Rustenburg shafts in the six months to the end of December, compared to 390,000 ounces last year.