Impala Platinum (Implats) reported a 22% fall in full-year profit on Thursday, hit by slack demand for the precious metal.
The National Union of Mine Workers will meet management at Impala Platinum on Friday for further wage talks as its members vote on a possible strike.
The NUM says it will stick to its 15% pay-rise demand in mediation talks next week with Impala Platinum but wants a quick end to the dispute.
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/ 18 February 2010
Impala Platinum (Implats), the world’s number two platinum miner, on Thursday posted a 76% fall in first-half earnings.
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/ 22 January 2010
A sit-in by workers over a wage dispute that halted production at a South African platinum mine earlier this week ended late on Thursday.
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/ 3 November 2009
Shares in South Africa’s WeSizwe Platinum rose 5% on Tuesday on talk that the company could be a takeover target of Impala Platinum.
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/ 8 September 2009
Impala Platinum said on Tuesday it lost 50 000 ounces during a pay strike at its mines.
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/ 7 September 2009
The NUM said on Monday its members at Impala Platinum had ended a strike at the company’s biggest mine.
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/ 7 September 2009
A wage strike by members of the National Union of Mineworkers (NUM) at Impala Platinum’s Rustenburg mine entered its third week on Monday.
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/ 4 September 2009
Workers at Impala Platinum attacked union leaders who tried to persuade them to return to work, the company and union said on Friday.
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/ 2 September 2009
Some branches of the National Union of Mineworkers have accepted a wage offer by Impala Platinum, the company said on Wednesday.
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/ 2 September 2009
Workers at Impala Platinum will hold a meeting to weigh the latest pay offer after talks meant to resolve a strike failed to reach agreement.
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/ 1 September 2009
Talks are under way between the National Union of Mineworkers and Impala Platinum in a bid to end an eight-day wage strike, the union said on Tuesday.
Impala Platinum will meet with the National Union of Mineworkers (NUM) in a bid to halt the strike at its operations, the company said on Monday.
NUM said a strike at Impala Platinum was likely to spread to the company’s metal refinery and workers were prepared to stay away for weeks or months.
A strike at Impala Platinum will continue and there is no scheduled meeting to resume negotiations between workers and the company.
A strike at Impala Platinum has spread to another mine and hit output, the company said on Friday.
Impala Platinum said on Thursday it could sack thousands of striking workers, escalating a wage dispute.
SA’s biggest union said a strike at Impala Platinum’s biggest mine may spread to the entire company after wage talks broke down on Wednesday.
Impala Platinum, the world’s second-largest platinum producer, on Thursday reported a 52% fall in full-year headline earnings per share.
The National Union of Mineworkers said on Wednesday its members had rejected the latest wage offer from Impala Platinum.
The NUM said it will meet mining company Impala Platinum on Wednesday afternoon after workers in Rustenburg downed tools and embarked on a strike.
Impala Platinum said on Tuesday a strike by workers had halted its largest operation in South Africa.
The union said on Tuesday that first results of a ballot of workers at Impala Platinum showed a split over whether to accept an improved wage offer.
Impala Platinum said on Monday its operations were running normally a day after the National Union of Mineworkers said it had suspended a strike.
Mineworkers are set to down tools on Monday in protest against Impala Platinum’s refusal to budge on wage demands, NUM said on Thursday.
Minister of Mineral Resources Susan Shabangu expressed shock and deep regret at the loss of nine lives at Impala Platinum’s Rustenburg operations
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/ 19 February 2009
The year 2008 could only be characterised as a year of two halves, Impala Platinum said on Thursday as it presented its interim results.
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/ 14 January 2009
Impala Platinum said on Wednesday it would not proceed with a R22-billion deal to buy Mvelaphanda Resources and its unit, Northam Platinum.
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/ 21 October 2008
Impala Platinum’s (Implats) R21,2-billion bid for Mvelaphanda Resources and Northam Platinum has moved a step closer to formalisation.
Shares in Impala Platinum fell more than 3% on Friday after it unveiled plans to buy Mvelaphanda Resources and Northam Platinum for R22-billion.
Impala Platinum said on Thursday it had proposed a cash and shares deal valued at about R25-billion to buy Mvelaphanda Resources and Northam Platinum.