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Lossmaking operations will not be supported – Implats

By: Martin Creamer     14th September 2017 South Africa’s second-biggest platinum mining company Impala Platinum (Implats) said on Thursday that it would no longer be supportive of lossmaking operations and was taking strong steps to bring about a cash neutral position at its major productivity-hit Impala Rustenburg platinum mine and... 

Implats reports headline loss, sees low prices as ‘new normal’

By: Martin Creamer     14th September 2017 Platinum mining company Implats, which reported an impairment-impacted 137 cents per share headline loss in the 12 months to June 30, sees the lower-for-even-longer metal price environment as 'the new normal'. In presenting results for its financial year to June 30, the JSE-listed company... 

Implats’ Rustenburg, Marula reach wage settlement

By: Martin Creamer     31st October 2016 Subsidiary operating companies of platinum-mining major Implats – the large Rustenburg operations of Impala Platinum and the smaller Marula Platinum – have signed three-year wage settlements with the Association of Mineworkers and Construction Union (AMCU). Over the next three years and backdated... 

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