Muller floats new “vehicle” for Eastern Limb platinum mines
IMPALA Platinum (Implats) said the improved market for platinum group metals will support extension projects and prompt the company to explore cross-boundary cooperation with…
Implats resolves illegal strike at BRPM
IMPALA Platinum (Implats) said on Wednesday an illegal stoppage at the North shaft of its Impala Bafokeng BRPM operation had been resolved after a week of downtime. “Employee…
Implats hit by illegal strike at troubled Bafokeng mine
AN illegal work stoppage has taken place since Thursday, June 27 at the North Shaft of Impala Platinum’s (Implats) Impala Bafokeng BRPM operation resulting from contractors on…
Sit-in related to RBPlat takeover misconceptions, says Implats
AN unresolved underground sit-in at Bafokeng Rasimone Platinum Mine (BRPM) involving more than 2,200 employees was related to concerns over their benefits following the takeover…
Implats halts mining after 2,205 miners stage underground sit-in
IMPALA Platinum (Implats) has suspended production at two shafts at its newly acquired Bafokeng Rasimone Platinum Mine as workers staged an underground sit-in. About 2,205…
Implats has work cut out reviving RBPlat as firm posts interim loss
IMPALA Platinum (Implats) has its work cut out reviving Royal Bafokeng Platinum (RBPlat), the company for which it will pay R26bn in cash as well as shares after beating off its…
Implats bid withdrawal not “a Doomsday scenario’, says Royal Bafokeng Platinum CEO
ROYAL Bafokeng Platinum (RBPlat) CEO Steve Phiri reassured shareholders a withdrawal of Impala Platinum’s (Implats’) takeover bid for the company would not be “a Doomsday…
RBPlat loses grip over mining costs but share price to be buoyed by bid tension
SHARES in Royal Bafokeng Platinum (RBPlat) would continue to be supported by rival interest in the company between Impala Platinum (Implats) – which announced a takeover of…
Implats lays groundwork for JV with Northam in RBPlat after buying 24.5% of firm for R10.6bn
IMPALA Platinum (Implats) had made its play for Royal Bafokeng Platinum (RBPlat) buying last week from a group of institutional shareholders 24.52% of the company for R10.6bn.…
RBPlat sets quarterly PGM production record despite the Covid-19 pandemic
ROYAL Bafokeng Platinum (RBPlat) produced a quarterly record 127,000 ounces of platinum group metals (PGM) in the September quarter following an improved performance at the…
It’s carpe diem for SA miners as Govt. opens up the energy sector
AS South African miners try to ramp up output to sell into the post-pandemic commodities boom and meet intensifying investor demands for carbon-neutral operations, they are being…
RBPlat to pay R1.5bn dividend on record interims but revises full year PGM output down
THE cash keeps rolling in for South Africa’s platinum group metal (PGM) producers. Royal Bafokeng Platinum (RBPlat) today announced record interim profits owing to a healthy lift…