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. For more information, click here
Continue reading "Impala Cuts Spending and Output Plans After Price decline"
Sunday, February 8, 2009
Anglo American Plc, the world’s biggest platinum producer, may cut spending plans for next year by more than 40 percent, reduce platinum output and delay iron- ore projects as metals prices sink. For full story, click here
Continue reading "Anglo American May Slash Spending 40%"
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Monday, February 23, 2009