Platinum Market Update (March 15, 2012)
A brief overview of platinum price developments, supply and demand, and significant market movers.
Articles Tagged "Impala Platinum"
Impala Forced to Nationalize Zimbabwe Ownership
Bloomberg reported Impala Platinum Holdings Ltd. (JSE:IMP) has folded to Zimbabwe's request to nationalize 51% of ownership.
South Africa’s Platinum Output Down 20% Year on Year
Mining Weekly reported platinum production in South Africa for January was down 20% year on year due mainly to Impala Platinum's (JSE:IMP) six-week strike.
Zimbabwe and Implats Agree to 51% Ownership Change
Reuters reported Zimbabwe's and Impala Platinum (JSE:IMP) have come to an agreement regarding when 51% of ownership in the platinum miner should be nationalized.
Zimplats Expects Mine to Operate for 30 Years
Bloomberg reported Impala Platinum's (JSE:IMP) Zimbabwe unit says it expects its mine to produce metal for 30 years.
Impala Platinum Restarts Rustenberg Mine
IBTimes reported the Impala Platinum (JSE:IMP) Rustenberg mine in South Africa has restarted operations on Monday.
Impala Platinum Strike Costs 2.4 Billion Rand and Counting
Reuters reported the ongoing strike at Impala Platinum's (JSE:IMP) Rustenberg mine in South Africa has cost 120,000 ounces in production or about 2.4 billion rand in sales.
Protestors Cut Off Roads to Rustenberg Mine
Bloomberg reported protestors blocked off access to Impala Platinum's (JSE:IMP) Rustenberg mine in South Africa as workers tried to return.
Implats to Stay in Zimbabwe Despite Difficulties
Reuters reported Impala Platinum (JSE:IMP) said it will stay in Zimbabwe despite the government's demands for the company to hand over ownership to citizens.
Rustenberg Platinum Mine May Reopen Next Week
Bloomberg reported miners on strike at Impala Platinum's (JSE:IMP) Rustenberg mine are planning to return to week next week.
