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Impala Platinum (Implats) saw production drop during the quarter ended September this year as the mining company grappled with an unstable power supply and labour problems at its flagship Rustenburg operations.
Implats records higher PGM sales in spite of big disruptions By Dineo Faku Share JOHANNESBURG - IMPALA Platinum (Implats) reported higher 6E platinum group metals (PGM) sales volumes during the three months ended March 2021 compared to a year ago despite grappling with Eskom load shedding and community unrest. Implats said on Friday that 6E PGM sales volumes were up 14 percent to 862 000 ounces in the three months ended March 2021, broadly in line with contractual requirements with some additional destocking of iridium and ruthenium as demand and pricing improved for these metals. 6E PGM is p...
1 minute read South Africa's Impala Platinum (Implats) (IMPJ.J) said on Friday third quarter group output at managed operations rose by 4% to 5.59 million tonnes, with higher volumes reported at Impala Rustenburg, Impala Canada and Marula. High prices for metals extracted by Implats such as platinum, palladium and rhodium have thrown the mining company a lifeline despite the impact of the COVID-19 pandemic. The platinum miner said group production in the nine months to March 31 rose by 11% to 17.38 million tonnes, benefiting from the inclusion of Impala Canada, which it bought in 2019, for t...
Implats set to grow earnings by over 300% Trading statement for the six months ended 31 December 2020 Implats will release its results for the half year ended 31 December 2020 (“the period”) on or about 25 February 2021. With reference to the Listings Requirements of the JSE Limited, issuers must publish a trading statement on SENS as soon as they become reasonably certain that the financial results for the period to be reported on will differ by at least 20% from those of the previous corresponding reporting period. Operational performance Concentrate 6E production for the period is expe...