17,200 Miners Fired at Impala Platinum Mine
Bloomberg reported Impala Platinum Holdings Ltd. (JSE:IMP) fired 17,200 workers after an illegal pay strike halted its Rustenburg mine.
Articles Tagged "impala"
Zimplats Submits Revised Ownership Plan
Reuters reported Impala Platinum's (JSE:IMP) Zimbabwe unit has submitted a revised plan to comply with a local ownership law.
South African Platinum Miners: Low Production, High Costs and Declining Prices
2011 has been stormy for South African platinum miners and they may not be in the clear yet.
Impala Zimbabwe to Submit New Proposal to Sell Majority Stake by November
Bloomberg reported Impala Platinum Holdings Ltd. (JNB:IMP) said it will submit a new proposal to sell a majority stake in the company by November.
Implats aims to cut jobs at S.African Marula mine
Reuters Africa reports Impala Platinum (JNB:IMP), the world's second largest platinum producer, said it will cut staff at its Marula subsidiary in South Africa.
South Africa Aims to “Correct” Mining Rights Law in 2011
Bloomberg reports that large platinum companies in South Africa claim they already have rights to land where Holgoun Group has just been permitted to work. The article states: Impala and Lonmin, the world’s second- and third-largest platinum producers, have challenged the award of permits to a unit of Holgoun Group for land where they say [...]
Platinum Miner Implants Has Sought to Avert Strike
Impala Platinum, the world’s second leading platinum producer, declared that it would seek further talks with a South African union planning an indefinite strike next week. For full story, click here
Impala Platinum Shafts Resumed Full Output After Accident
Impala Platinum Holdings Ltd., the world’s second-leading producer of the metal, declared sections of its Impala Lease Area returned to full output on Aug. 10. For full story, click here
Impala Platinum Workers have lower Wage Demand to 15%
Workers at Impala Platinum Holdings Ltd., the world’s second-largest producer of the metal, want the company to surge wages by 15 percent, dip from 17 percent demanded last week, the National Union of Mineworkers said. For full story, click here
South Africa’s NUM has rejected improved Implants Wage Offer
South Africa’s National Union of Mineworkers declared that it has rejected an improved 8.5 percent pay surge offer from Impala Platinu, the world second leading platinum producer. For full story, click here
