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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.
In the 2018 financial year the concentrator plant at Marula mine produced 85 100 oz of platinum, which was processed at Impala Platinum's Mineral Processes in the town Rustenburg. Marula mine had an estimated reserve of 10.6 million oz of platinum in 2018. The labourforce comprised almost 4000 workers in 2018. [2]
Premier Diamond Mine, Cullinan, Gauteng, South Africa An aerial view of the Two Rivers mine in Steelpoort, Limpopo, owned by both African Rainbow Minerals and Impala Platinum holdings limited. Mining in South Africa was once the main driving force [1] behind the history and development of Africa's most advanced and richest economy. [2]
JOHANNESBURG (Reuters) -Impala Platinum on Tuesday temporarily halted operations at its Rustenburg mining complex in South Africa after 11 workers died and 75 were injured in what the CEO said was ...
The Impala mine is a large platinum mine located near Rustenburg in the North West Province of South Africa. Impala represents one of the largest platinum reserves in South Africa having estimated reserves of 68.9 million oz of platinum. [2] The mine produces around 800,000 oz of platinum/year. [2]
This list of mines in South Africa is subsidiary to the list of mines article and lists working, defunct and future mines in the country and is organised by the primary mineral output. For practical purposes stone, marble and other quarries may be included in this list.
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. The value of the Bafokeng's stake in Impala had tripled to more than $50 million by 2001.
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 ...