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South Africa: Surging Metals Prices Help Implats Halt Shaft Closures, 12,500 Layoffs
Daily Maverick, 27 February 2020
Surging platinum group metals prices, notably for palladium and rhodium, and operational improvements have helped stave off shaft closures at Rustenburg that had been planned by… Read more »
Reprieve as South African Mining House Implats Delays Layoffs
Surging platinum group metals prices, notably for palladium and rhodium, and operational improvements have helped stave off shaft closures that were planned by Impala Platinum for the Rustenburg operation, writes Ed Stoddard in Daily Maverick.
InFocus
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South Africa's Impala Platinum mining group will shed 13,000 jobs in the next two years - with its management saying that it is "fully committed" to minimising the potential impact ... Read more »
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A South African delegation led by Deputy President Cyril Ramaphosa says it will use the 2018 World Economic Forum to restore investor confidence in the South African economy. The ... Read more »
