Bloomberg reported Absa Group Ltd. sold all its shares in Impala Platinum Holdings Ltd. (JSE:IMP) as platinum prices continue to fall and the outlook for South African mines is bleak.
Mining Weekly reported miners at Impala Platinum's (JSE:IMP) Rustenberg mine failed to report for duty on Monday morning forcing a stoppage.
Bloomberg reported South African stocks saw unusual trading on Wednesday with Impala Platinum (JSE:IMP) falling the most it has in a month.
Bloomberg reported Impala Platinum Holdings' (JSE:IMP,LSE:IPLA) Chief Executive Officer, David Brown, has stepped down.
Reuters reported Zimbabwe Zimplats (JSE:IMP) to pay $28.3 million in outstanding royalty payments, which the platinum miner is disputing.
Bloomberg reported Impala Platinum Holdings Ltd. (JSE:IMP) said a shaft at its Rustenburg operation remained closed after two workers were killed.
Mining Weekly reported three workers died in separate platinum mine accidents in South Africa over the last couple of days.
Reuters Africa reported Impala Platinum (JSE:IMP) said first-quarter gross platinum production declined by 12 percent to 388,000 ounces.
Mining Weekly reported Impala Platinum (JSE:IMP) announced that its Zimplats subsidiary will invest a significant amount of funds in a third expansion.
Reuters Africa reported Impala Platinum's (JSE:IMP) Zimbabwe unit said on Monday metal production fell 13 percent during the July-September quarter.
Wednesday, February 1, 2012