Implats could cut 2 500 jobs to end losses at Rustenburg mine

2017-09-19 10:03

Impala Platinum could retrench at least 2 500 workers at its Rustenburg mining complex to stem losses and adjust to lower prices.

Platinum mines under fire

2017-05-14 06:15

With an industry already on its knees, community protesters are now causing major disruptions to platinum production.

UPDATE: Gold Fields exec moves over to Implats

2016-12-07 10:49

Gold Fields has announced the resignation of its executive vice-president Nico Muller, who will be leaving the company to take up the position of CEO of Impala Platinum.

SA platinum producers dodge strike bullet

2016-11-01 15:24

The world’s three biggest platinum producers all reached three-year wage deals with the Association of Mineworkers and Construction Union without losing one day to a strike.

Implats flags 2017 production drop on safety failures

2016-09-01 09:35

Impala Platinum says production will fall 7% in the 12 months to end-June as the company recovers from major safety failures at its Rustenburg operations.

Platinum output not keeping up with cost hikes, say miners

2016-06-16 10:36

Depressed metal prices and continued above-inflation increases in labour and other input costs present a major challenge to the industry, say platinum miners.

Implats CEO to step down in December

2016-05-18 18:40

Impala Platinum boss Terence Goodlace will step down in December this year after six years at the helm, the company announced, without immediately naming a successor.

Pandor upbeat as SA unveils first hydrogen fuel cell forklift

2016-04-03 14:21

South Africa is making a number of bold moves that could see the country leapfrog into being a leading hydrogen fuel cell technology industrial hub, says Minister of Science and Technology Naledi Pandor.

Implats expects lower earnings per share

2016-02-15 17:22

Implats expects its headline earnings per share for the half year ended December 31 2015 will be between 50 and 59 cents.

Implats plunges on share-sale plan, profit slump

2015-09-03 14:33

Impala Platinum has slid the most in almost seven years after saying it plans to raise R4bn by selling shares as a slump in metal prices cut full-year profit.


Implats plunges on R5.1bn bond refinance

2017-05-25 13:15

Impala Platinum has plunged in Johannesburg trading after saying it will refinance about R5.1bn of convertible bonds, which could dilute existing shareholders.

Impala could cut more than 1 000 jobs at SA Mine

2017-04-26 08:19

Impala Platinum says protests at its Marula mine and low metal prices has led the world’s second-largest producer of the metal to start a reorganisation process.

Implats announces new CEO

2016-12-07 10:31

Impala Platinum has appointed Nicolaas (Nico) Johannes Muller as chief executive officer and an executive director of Implats, with effect from April 3 2017.

Amcu to unveil pay demands, R12 500 still on cards

2016-10-24 19:18

The Association of Mining and Construction Workers Union will make public a “comprehensive and final” set of pay and conditions demands for the platinum sector.

Mugabe sues Zimplats - report

2016-07-12 10:37

President Robert Mugabe is reportedly suing Zimplats for objecting to the intended compulsory acquisition of 28 000 hectares of mining land held by the company.

Two workers still missing after mine collapse

2016-05-18 19:30

Implats says two workers are still missing after a shat collapsed in the Rustenburg mine and operations have been suspended.

Amcu looking for 'living wage' from mine bosses

2016-05-16 16:01

Amcu is on course to begin meetings to decide on pay demands for platinum companies with the existing two-year wage deal expiring soon.

Boost for SA producers as platinum prices gain ground

2016-02-19 06:29

Improving sentiment that platinum prices are rebounding could pay off for Sibanye Gold, which is keen to have a heavy presence in platinum mining.

Implats raises R4bn through share placement

2015-10-07 10:42

Impala Platinum has raised about R4bn through a share sale as margins for top platinum producers have been squeezed by a 51% price drop since August 2011.

Impala Platinum sees lower full-year earnings

2015-08-25 17:39

Impala Platinum has flagged lower full-year earnings, mainly due to efforts to ramp up output at its SA mines following a five-month strike in Zimbabwe mine.

Traffic Alerts
There are new stories on the homepage. Click here to see them.


Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.

Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire network.


Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.

Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.