Zimplats to transfer shares “at appropriate value’
Impala Platinum’s proposal to cede a majority shareholding in Zimplats under
Zimbabwe’s indigenisation laws has been accepted by that country’s
government.
Zimplats to transfer shares “at appropriate value’
Impala Platinum’s proposal to cede a majority shareholding in Zimplats under
Zimbabwe’s indigenisation laws has been accepted by that country’s
government.
Court suspends Northam safety stoppage
The Labour Court has suspended a safety stoppage at a mine operated by Northam Platinum, according to trade union Solidarity.
Zimbabwe ‘accepts’ Zimplats proposals
Zimbabwe has accepted the proposals of Impala Platinum subsidiary Zimplats to
comply with the country's indigenisation legislation, according to the company.
Zimbabwe declines to extend Impala deadline
A letter from Impala Platinum requesting an extension to its indigenisation plans has
been rejected by the Zimbabwean government.
Implats sets Mar. 13 showdown with Kasukuwere
Impala Platinum will set down its final position on Zimbabwe indigenisation on
March 13 in terms of a new extension granted by Saviour Kasukuwere. But why
has the Zimbabwean minister agreed to an extension?
Eastplats hits Q4 wall, impairs for $46.3m
Shares in Eastplats slumped 7% on the JSE as it posted a horror decline in
year-on-year profits, suffered a $46.5m write-down, and said projects might be
rescoped permanently unless third-party funding was acquired.
Impala’s Rustenburg resumes production
Impala had rehired 14,950 workers at its key Rustenburg mine which was ready to
restart production following a crippling six week strike which cost the operation
120,000 ounces of output.
Tharisa secures R1bn funding for plant
Tharisa Minerals has raised R1bn for a chrome and platinum group metal mine and
concentrator from HSBC Holdings.
Implats lost revenue escalates to R2.5bn
Impala Platinum said some 120,000 oz in production had been lost following a
crippling strike equal to R2.4bn in lost revenue.