Implats offers Khotso Mokhele the chair

South Africa’s second-largest platinum miner, Implats, on Thursday offered the position of chairperson of the board to incumbent non-executive director Dr Khotso Mokhele. The overture to Mokhele follows the acrimonious sacking of Dr Fred Roux. Implats said in a Stock Exchange News Service announcement that it would consider Mokhele appointment as its new chairperson at [...]

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 [...]

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 [...]

Zimbabwean government should honour its investment agreements – Implats

David Brown says that the beleaguered country has yet to do some of the things it has promised the company Read more….

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 [...]

Implats reports second fatality after methane explosion

Platinum producer Impala on Friday reported a second fatality linked to the September 9 methane explosion at its Rustenburg operations. All operations at the No 14 shaft had been suspended after the explosion. Read more….

Implats confirms methane explosion death

South African platinum producer Impala reported on Monday that one of its workers who had been injured in a methane explosion at its Rustenburg operations, on September 9, had succumbed to his injuries. Another two employees were injured when the explosion took place at the No 14 shaft, at the Rustenburg operations. All operations at [...]

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