This has gone beyond a strike – Implats’ Gilmour

A higher level of security was needed at Impala Platinum’s strike-hit operations in Rustenburg to stop returning workers from being intimidated, Implats corporate relations executive Bob Gilmour said on Thursday.

Resources Watch

This week: Impala Platinum sheds light on key issues in the PGM market. A sovereign wealth fund could quell nationalisation talk. And, a Transnet rail split would be ‘disastrous’ and is ‘not on the cards’.

Implats confident of attaining ‘appropriate’ equity ownership level in Zimbabwe

Impala Platinum (Implats) CEO David Brown said on Thursday the company remained confident it would attain an “adequate and appropriate” level of equity ownership in Zimbabwe. Zimbabwe’s new indigenisation law requires foreign companies to...

Resources Watch

This week: Implats sees further hefty wage increases this year; Exxaro expresses frustration with service levels on coal line; And, Patrice Motsepe says that the State acting as mining ‘player and referee’ raises governance issues.

Implats reports six deaths in half year to December 2010

South African platinum-mining major Impala Platinum (Implats) has reported six deaths for the six months ending December 2010 and stated that its safety performance is unacceptable.

Implats sees further hefty wage increases this year

A year after South African platinum mining major Impala Platinum (Implats) was involved in a battle of wills with its workers over wages, the company reports that the Department of Labour’s expectations of the company regarding future wage...

Implats to spend R29bn in SA and Zim over next 4 years

JSE-listed Impala Platinum (Implats) has budgeted R29-billion on capital expenditure (capex) for its South African and Zimbabwean operations over the next four years, with 2011 capex amounting to about R4-billion. CEO David Brown on Thursday said...

Scepticism greets Japanese synthetic palladium claim

New Year reports of Japanese scientists achieving a synthetic palladium breakthrough have been greeted with scepticism. Researchers at Kyoto University say that the new palladium-like alloy has been created by fusing ultramicroscopic spray...

Aluminium smelters unlikely to attract major capex, honouring ICC licence order in DRC’s ‘best interests’, rand ‘unceremoniously’ frays Implats platinum basket

Southern Africa’s aluminium smelters appear to be heading for an ex-growth future. BHP Billiton CEO Marius Kloppers, who has announced a 16%-higher $12,5-billion profit for the world’s largest mining company in the 12 months to June 30,...

Resources Watch

This week: platinum miner Implats says that the strong rand is ‘unceremoniously' eroding the platinum basket; Coal of Africa Limited says that the Vele mine rehab will take place concurrently with mining; and, business leaders say South Africa...

Resources Watch

This week: a massive operational makeover is underway at AngloGold Ashanti; iron-ore miner Kumba determinedly keeps its foot firmly on the production and project accelerator throughout the economic meltdown period; and, we attend Impala Platinum's...

Platinum performance challenged by strong rand and poor automotive industry

Platinum producer Impala Platinum (Implats) reports that the strong rand and the underperforming automotive industry have posed significant challenges to the platinum industry during the second half of 2009.