Implats halves earnings on labour tensions

2013-08-29 08:49

Impala Platinum's full-year earnings fell by around half as a tough labour environment and depressed prices bit into earnings, the company said.

Zim indigenisation row widens

2013-03-07 13:53

The rift between Reserve Bank of Zimbabwe governor Dr Gideon Gono and Empowerment Minister Saviour Kasukuwere over indigenisation deals is deepening.

Implats earnings plunge 78%

2013-02-14 10:18

Platinum miner Impala Platinum has reported a 78% plunge in first-half profit and says it will issue a $500m convertible bond to prop up its ailing balance sheet.

ANC Chief Whip says sorry to Implats

2013-01-24 11:17

ANC Chief Whip Mathole Motshekga has apologised to Impala Platinum for attributing the possible retrenchment of 14 000 miners to it.

Implats to sell 51% stake to Zim locals

2013-01-11 08:29

Impala Platinum says it will sell a majority stake in its Zimbabwe unit to local black investors, to meet the government's drive for black ownership of firms.

Mimosa Platinum sees slight uptick

2012-10-15 11:03

Mimosa Platinum Mine, jointly owned by Impala Platinum and Aquarius Platinum, expects to produce 100 000 oz of platinum in its current financial year.

Zimplats faces huge tax bill

2012-09-25 15:16

Zimplats, owned by Impala Platinum, says Zimbabwe's tax authority may demand a payment of of $33.8m plus interest and penalties.

Miners blockade Amplats shafts

2012-09-12 10:07

Labour unrest has hit Anglo Platinum, with striking mineworkers blockading roads leading to shafts belonging to the world's No 1 platinum producer.

Implats workers want to double wages

2012-09-11 08:00

Impala Platinum says workers have demanded a second pay hike this year, to effectively double their wages in six months.

Implats: Violent strikes could spread

2012-08-23 12:05

The world's second-largest platinum producer Impala Platinum has warned that industrial action at SA's platinum mines could become more widespread.


Zimplats reports reduced revenues

2013-08-02 14:42

Implats subsidiary Zimplats attributes a 26% revenue drop to $125.8m for the three months to June to lacklustre sales volumes and lower metal prices.

Implats Zim deal in jeopardy

2013-03-07 10:37

Impala Platinum's indigenisation efforts have been thrown into disarray after demands by Robert Mugabe that Zimplats give away 51% of its shares for free.

Implats predicts plunge in profit

2013-02-11 11:17

Platinum miner Impala Platinum says first-half profit likely plunged by as much as 79%, hit by rising costs and lower output.

Zimplats signs away 51% stake

2013-01-11 15:04

Impala Platinum has signed away a majority stake in its Zimbabwe-based operations Zimplats in compliance with local empowerment laws.

Implats owes us millions, says family

2012-10-17 09:12

A North West family which claims Impala Platinum has used their land for 36 years without compensation demands millions from the miner, according to a report.

Implats pay hikes to kick in on Monday

2012-09-28 07:38

Platinum miner Impala Platinum says wage increases offered to workers to avert looming strike action would take effect from Monday.

Zim miners to face greater tax scrutiny

2012-09-25 10:46

Zimbabwe's tax authorities have been given sweeping new powers that will directly affect SA-owned firms like Anglo Platinum, Aquarius and Impala.

Implats mulling over workers' demands

2012-09-11 13:31

Mine management would consider the demands of a group of workers who want a second pay hike in six months, Impala Platinum says.

Implats miners demand another increase

2012-09-09 22:15

Impala Platinum says 15 000 of its workers are demanding another 10% pay hike, following a 10% increase that was approved in April this year.

Implats knocked by strike costs

2012-08-23 09:00

Impala Platinum says headline earnings for the 2012 financial year fell 38% after its production was knocked by a violent strike at its Rustenburg mine earlier this year.

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