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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 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]
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]
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]
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 ...
Gold mining Johannesburg: 1950 Gold mining P A Hollard Group: Financials Full line insurance Johannesburg: 1980 Private insurance P A Illovo Sugar: Consumer goods Food products uMhlanga: 1891 Sugar P A Impala Platinum: Basic materials General mining Johannesburg: 1973 Mining and refining P A Kumba Iron Ore: Basic materials Iron & steel ...
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