Posts Tagged ‘impala-platinum’

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Zimplats workers go on strike – State paper

According to state media reports, Workers at Impala Platinum's Zimbabwean unit have gone on strike in a bid to get the miner to pay for its employees' personal electricity bills Full story

Platinum, palladium to hitch a ride on rosy auto sales forecast and deep cuts in supply

Bloomberg reports carmakers will use a record 3.82 million ounces or $7 billion of platinum in catalytic converters next year – 17% more than this year – diminishing oversupply to 81,000 ounces from 295,000 ounces. Helped by the first contraction in mine output – albeit a slight 1% – since 2008 according to Barclays Capital, prices will average $1,845 an ounce in the fourth ... Full story

Platinum producers sign far-reaching wage pacts

IB Times reports South Africa’s biggest mine union said on Friday it had sealed a 2-year wage deal with Lonmin, averting a possible strike against the world’s third largest platinum producer. World number one and two Anglo American Platinum and Impala Platinum clinched similar deals earlier this year, significantly removing threats of labour unrest to 75% of the global production. The price of platinum ... Full story

Implats shuts Rustenburg shaft, 2 workers trapped

Implats reported Friday that a search mission was underway at its Rustenburg operation in search of two trapped workers and had stopped work at the affected shaft. Impala Platinum, the world's second-largest producer of the precious metal, said on Friday Full story

South Africa mine union says wage talks with Implats falter

South Africa mine union says wage talks with Implats falter
-- THE National Union of Mineworkers (NUM) said on Friday separate wage talks with Exxaro Resources and Impala Platinum had deadlocked but strike action was not imminent. Full story

UPDATE 2-Zimplats says Zimbabwe moves on licence

UPDATE 2-Zimplats says Zimbabwe moves on licence
By Ed Stoddard JOHANNESBURG, Sept 8 (Reuters) - The Zimbabwean unit of Impala Platinum, the world's second-largest producer of the precious metal, said the government had taken steps to revoke its operating licence and it remained in talks with Full story

Zimbabwe threatens to prosecute Implats unit

Zimbabwe threatens to prosecute Implats unit
By Nelson Banya HARARE, Sept 6 (Reuters) - Zimbabwe said on Tuesday it could prosecute or cancel the mining licence of Zimplats, the local unit of Impala Platinum, for failing to agree to transfer majority ownership to local blacks, piling pressure on Full story

Implats stops shaft project work after fatality

Implats stops shaft project work after fatality
Impala Platinum (Implats) says work has halted at one of the shaft projects at its Impala Rustenburg mine after a worker was killed in an accident. The fatality occurred this morning (August 30th) at Shaft 20. The miner killed was a contractor working Full story

NUM says Implats wage offer too low

NUM says Implats wage offer too low
JOHANNESBURG (miningweekly.com) Wage negotiations between the National Union of Mineworkers (NUM) and the world's second-largest platinum miner Impala Platinum (Implats) broke down on Friday. NUM spokesperson Lesiba Seshoka told Mining Weekly Online that Full story

South African Platinum Miners in New wage Talks With Union

South African Platinum Miners in New wage Talks With Union
Impala Platinum (Implats) is in fresh wage talks with the South African National Union of Mineworkers (NUM) in a bid to stave off industrial action. Full story
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