Impala Cuts Spending and Output Plans After Price decline

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Mon, Feb 23, 2009
Platinum Company News
Post by Melissa Pistilli, Platinum Reporter

Impala Platinum reduced spending on new projects and company’s output targets after the price of the metal fell from a record last year.

Chief Executive Officer David Brown said:

Impala will produce 2.1 million ounces of platinum in 2012, 8.7 percent less than previously planned.

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