ARTICLES RELATING TO IMPALA PLATINUM

Implats considers mechanisation option

2014-03-28 09:02
122 comments

Mechanisation could be more efficient, improve safety, have a more profitable lifespan and cost less than labour-intensive mining, says Impala Platinum.

Strike threatens platinum sector viability

2014-03-18 07:47

With shareholders facing steep losses and almost half of mine shafts unprofitable, the platinum strike is threatening an industry already in deep trouble.

Implats: No winner in Amcu strike

2014-02-27 10:44

Amcu's protracted strike is costing Impala Platinum R60m per day and no winner is likely to emerge from this type of action, says Implats CEO Terence Goodlace.

Costs mount as Amcu strike talks drag on

2014-02-10 12:52

The platinum sector strike and the growing uncertainty over how to end it has undermined investor confidence in SA, as the rand nears five-year lows.

NUM member's car torched

2014-02-05 20:22

An Impala Platinum mine employee and member of NUM's car has been torched in Rustenburg.

Talks set to resume as Amcu continues strike

2014-01-31 07:39

Amcu says it will take a new mandate from workers and table a proposal to platinum miners, as talks to resolve a wage strike are expected to resume.

Crunch time for Amcu talks

2014-01-29 07:55

Government-brokered talks between the world's top three platinum producers and union Amcu enter their last day with no resolution in sight.

Amcu strikers await talks update

2014-01-28 08:37

Members of union Amcu are continuing their strike in the platinum belt as workers expect an update from the union's leadership in the course of the day.

Amcu, platinum companies arrive for talks

2014-01-27 10:37

Leaders of Amcu and platinum producers have arrived at the Southern Sun Hotel in Pretoria for talks aimed at resolving a strike in the platinum sector.

Strong govt presence at Amcu talks

2014-01-24 13:16

Mineral Resources Minister Susan Shabangu, Labour Minister Mildred Oliphant and platinum firms are present at talks aimed at resolving Amcu's platinum sector strike.

Implats: Platinum mines not making money

2014-01-24 09:12
85 comments

Most platinum mines in South Africa are not making any money and cannot afford to pay workers R12 500, Impala Platinum said in an interview.

Gallery

Disgruntled mineworkers are marching to Wonderkop stadium on the first day of a wage strike on platinum mines in the North West. See all the pictures here.

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Saps: Amcu must ensure strike is peaceful

2014-01-23 09:42

North West police have made it clear that union Amcu is duty-bound to respect the rule of law and keep its platinum sector protest from becoming violent.

Oliphant: Turbulent times for labour

2014-01-21 11:42

Job growth is the most important challenge, but recent developments on the labour front signify a turbulent period ahead, says Labour Minister Mildred Oliphant.

Gordhan: Strikes will damage economy, hit rand

2014-01-20 10:18

Finance Minister Pravin Gordhan says SA cannot afford looming strikes, which will deal a further blow to investor confidence as the rand nears a five-year low.

Amcu ready to strike

2014-01-14 07:45
89 comments

Amcu members at Impala Platinum's mines in Rustenburg are eager to go on strike, says the union's president Joseph Mathunjwa.

Implats wage talks to resume next year

2013-12-12 15:04

Impala Platinum says pay negotiations with union Amcu remain deadlocked after the two sides' latest meeting, and talks are to resume in 2014

Marikana commission resumes

2013-08-18 22:44

The Marikana commission of inquiry has announced it will resume hearings into last year's killing of 34 protesting miners.

Implats expects 50% drop in profit

2013-08-16 13:25

Impala Platinum says its full-year earnings have likely halved, hit by poor performance at its Rustenburg mine.

Zimbabwe insists on mine land grabs

2013-05-22 20:23

Zimbabwe's Mines Minister Obert Mpofu has vowed that the government will not roll back on plans to take over mining property, because it is owned by the state.

Impala set precedent for Lonmin

2013-01-23 16:33

Wage increases reached outside of a bargaining agreement between workers and Impala Platinum has set a precedent for Marikana miners, the Farlam Commission of Inquiry has heard.

Impala strike averted

2012-09-27 18:41

A looming strike at the Impala Platinum mine in Rustenburg has been averted after workers accepted a pay agreement.

Aquarius resumes ops after deadly clash

2012-08-02 14:19

Aquarius Platinum has reopened the Kwezi shaft at its Kroondal mine after a deadly attack at the site that left three dead and at least 20 injured.

Implats workers protest over dismissals

2012-03-02 12:14

Protesting Impala Platinum minerworkers have blockaded the entrance to the mine in a protest against some miners not getting their jobs back.

More violence in Implats strike

2012-02-29 15:26

More violence involving Impala Platinum Rustenburg workers has taken place, North West police say.

 

Amcu strike's financial cost 'not full story'

2014-03-27 08:59

Platinum mining CEOs say Amcu's strike is also impacting local businesses and communities, while Lonmin has asked non-striking staff to take leave to cut costs.

Implats declares force majeure, talks to resume

2014-02-28 09:43

Impala Platinum has declared force majeure on supply contracts at its strike-hit Rustenburg mine, as five weeks of labour unrest took their toll.

Platinum strike to drive up price over time

2014-02-18 21:52

A face-off between platinum producers and striking miners has had negligible impact on metals prices so far, but that is likely to change if the action grinds on.

Amcu: Platinum firms to meet mediators

2014-02-10 05:30

Top platinum producers will meet with independent mediators to discuss a two-week wage strike, according to Amcu, whose 80 000 workers have downed tools.

New Amcu talks signal hope for end to strike

2014-02-04 09:07

Discussions beween union Amcu and the world's top three platinum producers are set to resume, with hopes that progress will be made to end a two-week strike.

Amcu: We won't budge from R12 500

2014-01-30 09:23

Union Amcu will present miners' new wage offer to its members, but insists nothing less than its R12 500 demand will be accepted as the platinum strike drags on.

Last chance to resolve Amcu strike

2014-01-29 07:20

Talks between platinum producers and union Amcu aimed at resolving an ongoing wage strike are expected to conclude in Pretoria today.

Amcu strike drags on as talks continue

2014-01-28 07:09

Talks between union Amcu and platinum producers are about to enter a third day, with no end in sight yet to the platinum sector strike.

Amcu strike continues as talks set to resume

2014-01-27 07:17

Talks aimed at resolving union Amcu's strike at platinum mines are set to resume in Pretoria as miners resolve to continue their strike.

Amcu opens talks with platinum firms

2014-01-24 09:31

Union Amcu has started government-brokered talks with the world's top three platinum companies in a bid to end a wage strike that risks turning violent.

Strike enters day two as parties meet

2014-01-24 07:24

Union Amcu's platinum sector strike enters its second day as a meeting is scheduled between the labour department, the mining companies and Amcu at the CCMA.

Striking mineworkers gather in Marikana

2014-01-23 10:04

Disgruntled mineworkers are converging at the Wonderkop stadium in Marikana ahead of a strike on the platinum mines in the North West by labour union Amcu.

Platinum sector braces for mass strike

2014-01-23 07:30
95 comments

Up to 80 000 workers at the world's three top platinum producers are set to down tools in a pay strike that could have a devastating impact on SA's economy.

Modise: Respect non-striking workers

2014-01-20 14:04

North West premier Thandi Modise has urged Amcu to protect the rights of non-striking workers as the union prepares to go on strike later this week.

Amcu given right to strike - CCMA

2014-01-17 18:31

Labour union Amcu has been given the right to strike after its pay talks deadlocked with three separate platinum companies, says the CCMA.

Zim sets deadline for platinum refinery

2014-01-08 13:13

Zimbabwe has given platinum mines a deadline to submit proposals to build a precious metal refinery, after President Robert Mugabe's threat to ban raw exports.

Platinum mines face water restrictions

2013-10-04 16:09

Platinum operations around Rustenburg will be restricted on the amount of water they can use to mitigate problems caused by drought, the department of water affairs says.

Weapons seized on Marikana bus

2013-08-16 22:42

Police have confiscated traditional weapons from passengers in a bus en route to Marikana commemorations.

Cosatu to march against 'attack' on NUM

2013-06-20 11:49

Cosatu in the North West says it will hold a series of marches at mines in the province over the next two weeks to ensure 'fair' treatment for union NUM.

China bankrolls SA platinum mine

2013-02-01 12:18

Wesizwe Platinum's Bakubung mine is China's first direct investment in SA's platinum belt and it likely won't be the last.

Amcu insists on a single mine council

2012-10-28 15:44

A single bargaining council for the entire mining industry is the only thing that will bring trade union Amcu back to the negotiating table.

Zimplats profit tumbles on weak prices

2012-08-01 15:14

Impala Platinum's Zimbabwe unit Zimplats posted a 52% operating profit drop in the fourth quarter to June, mainly due to weaker platinum group metal prices.

Zim poll politics 'hurting investment'

2012-03-02 09:05

Zimbabwe’s demand that foreign companies turn over majority stakes to locals is being driven by upcoming elections and scaring investors away, Prime Minister Morgan Tsvangirai says.

Implats workers trickle back

2012-02-28 17:02

Dismissed workers are returning to Impala Platinum's Rustenburg operation but the pace may have been tempered by Julius Malema's visit, says the mine.

 
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