Impala Platinum considers mine closures after profit slump
Impala Platinum could shut some loss-making South African mining operations if metal prices deteriorate further and restructuring efforts fail to improve margins, chief executive Nico Muller said.
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Impala Platinum’s Zimbabwe unit eyes expansion into lithium
Mining News Pro - Impala Platinum Holding Ltd.’s Zimbabwe unit is considering expanding into other metals, including lithium.
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Impala Platinum in talks to buy Zimbabwe land from Anglo American
Mining News Pro - Impala Platinum is negotiating a land deal in Zimbabwe with rival Anglo American as the world’s second-biggest producer of the precious metal aims to boost output in Africa, reports Bloomberg.
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Impala Platinum to acquire North American Palladium for $758 million
Mining News Pro - South Africa’s Impala Platinum Holdings Ltd (Implats) said on Monday it would buy Canada-based North American Palladium Ltd for about C$1 billion ($751.77 million), marking the miner’s first purchase outside of Africa.
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Impala Platinum to swing back to annual profit
Mining News Pro - South Africa’s Impala Platinum (Implats) said on Monday it expects to swing back to annual profit, thanks to an improved platinum metals’ basket price and higher sales volumes.
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About 2,500 jobs on the line at Impala Platinum’s Rustenburg operations
Mining News Agency - South Africa’s Impala Platinum (JSE:IMP), the world`s second largest miner of the precious metal, revealed Monday it had begun talks with authorities and unions that could see at least 2,500 workers laid-off at its Rustenburg operations west of Johannesburg.
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