Zimplats to complete Ngezi initial expansion study in early 2010

Zimplats, a unit of South Africa’s Impala Platinum, would complete a preliminary study on the second phase of the Ngezi expansion project by the first quarter of 2010, the company said on Wednesday. The second phase expansion would consist of a two-million ton a year underground mine, a concentrator module of the same capacity, and [...]

Gilbertson, Davis set to ‘turn platinum-mining on its head’

The introduction of Mick Davis’ Xstrata and Brian Gilbertson’s Pallinghurst would turn the platinum-mining business on its head, RBC Capital Market analyst Leon Esterhuizen predicted on Tuesday. Esterhuizen said that, by their very nature, both Xstrata and Pallinghurst would redefine cost, which would put pressure on both Impala Platinum (Implats), where there is already board [...]

Roux no longer chairman of Implats – report

The world’s second-largest platinum producer Impala Platinum (Implats) chairperson Fred Roux has reportedly been removed from office. Newswire Bloomberg News quoted Roux as saying in a statement distributed at the company’s annual general meeting on Thursday that he had been "fired" as chairperson and that he had had a "strained, distant" relationship with CEO David [...]

Workers end protest at Two Rivers mine in SA

The underground sit-in by more than 240 employees at the Two Rivers platinum mine, a joint venture between African Rainbow Minerals (Arm) and Impala Platinum, in South Africa, came to an end late on Tuesday morning. Arm, which operates the mine, and the National Union of Mineworkers (NUM) confirmed that the issue had been resolved [...]

Illegal sit-in halts production at SA platinum mine

An illegal sit-in by more than 240 employees at the Two Rivers platinum mine, in South Africa’s Mpumalanga province continued on Monday afternoon. More than one hundred mineworkers had embarked on the protest action on Sunday evening, halting production at the mine, which is a joint venture between African Rainbow Minerals (Arm) and Impala Platinum. [...]

Zim mining depends on govt delivering on promises – Implats

The world’s second-largest platinum producer Impala Platinum (Implats) says that, although the Zimbabwean government of national unity is making positive statements and wants to create the right atmosphere for investment in mining, the company is still to see whether the positive talk will translate into tangible outcomes. Implats has invested about $400-million to $500-million in [...]

SA’s Implats resumes ops at mine shaft

Impala Platinum (Implats) said on Tuesday it had resumed operations at a shaft at its Rustenburg mine in South Africa which was suspended last week following a fatality. Spokesperson Bob Gilmour said production was resumed on Tuesday, after it was suspended on Sept. 22. "[The shaft] is back in production today," Gilmour told Reuters. Read [...]

Implats worker killed in Rustenburg fall-of-ground accident

World number-two platinum producer Impala Platinum (Implats) on Tuesday reported a fatality at its 8 Shaft, at the Rustenburg operations in South Africa. The company reported that a fall-of-ground incident took place on Monday night, and all tramming and blasting operations have now been suspended at the shaft. Implats management and the Department of Mineral [...]

Striking miners injure union official at Implats mine

Workers at Impala Platinum’s Rustenburg mine attacked union leaders trying to convince them to get back to work Read more….

Impala: in a class of its own

CEO David Brown expects the world’s most robust big platinum producer to become net cash generative, after capital expenditure, by mid-2011. Read more….

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