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Impala Platinum Holdings Limited or Implats is a South African holding company that owns several companies which operate mines that produce platinum and platinum group metals, as well as nickel, copper and cobalt. Its most significant mine is the Impala mine in the North West province of South Africa.
The Marula Mine is a platinum mine located in the Limpopo province of South Africa. It is in the eastern limb of the Bushveld Igneous Complex , approximately 35km north-west of Burgersfort . The operation comprises two decline shaft systems which are used to access the UG2 reef .
[3] [4] Meanwhile, other costs have risen, putting pressure on the mining industry. [4] In 2013, roughly half of South Africa mining shafts operated at a net loss. [3] The market is controlled primarily by three companies - Anglo American Platinum (Amplats), Impala Platinum (Implats), and Lonmin. Amplats is the world's largest producer of platinum.
According to Mining Weekly, the union sees itself as distinct from NUM in that it is "apolitical and noncommunist". [ 2 ] Competition with NUM over bargaining rights, especially at the Impala Platinum and Lonmin mines in the Rustenburg area culminated in the violent Marikana miners' strike and what became known as the Marikana Massacre on 16 ...
North American Palladium was founded in 1968 as Madeleine Mines Ltd. and was renamed to its current name in June 1993. [1] The Lac des Iles mine began as an open pit mine in 1993. A new mill was commissioned at the mine in 2012, with mine's production rate increasing following that. Underground operations at Lac des Iles started in 2006. [2]
President Donald Trump will order the U.S. to withdraw from the Paris climate agreement, the White House said on Monday, once again placing the world's top historic emitter of greenhouse gas ...
Mining companies now pay royalties to the nation in exchange for the right to mine these metals. A court settlement in 1999 with Impala Platinum Mining (Implats), the second-largest platinum company in South Africa, gave the Royal Bafokeng Nation a 22 percent royalty on all platinum taken from their territory and an ownership stake in Implats.
George Clooney had some pointed remarks about the Donald Trump administration, describing the current political climate as one where people “don’t worry about facts.” “You take a narrative ...