Platinum Investing News» impala

17,200 Miners Fired at Impala Platinum Mine

Melissa West — Thu, 02 Feb 2012 22:04:39 +0000

Bloomberg reported Impala Platinum Holdings Ltd. (JSE:IMP) fired 17,200 workers after an illegal pay strike halted its Rustenburg mine.

Zimplats Submits Revised Ownership Plan

Melissa West — Fri, 18 Nov 2011 22:24:25 +0000

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

michelle — Thu, 17 Nov 2011 01:09:04 +0000

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

Melissa West — Mon, 12 Sep 2011 21:57:19 +0000

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

Melissa West — Fri, 27 May 2011 14:15:39 +0000

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

jessica — Mon, 07 Feb 2011 22:33:45 +0000

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

Melissa — Thu, 20 Aug 2009 17:02:44 +0000

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

Melissa — Thu, 13 Aug 2009 08:08:12 +0000

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%

Melissa — Fri, 24 Jul 2009 09:04:43 +0000

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

Melissa — Fri, 17 Jul 2009 15:47:34 +0000

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