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Impala Platinum declared the strike "illegal" and fired 13.000 workers that had participated, almost half of 30.000 employed in the town. [38] In 2014, a five-month-long platinum strike had resulted in the deaths of four people, [39] six stabbings, [40] and 24 billion rands ($2.25 billion) in lost revenue for the South African platinum industry ...
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 Centurion: 2001 Iron mining P A Investec: Financials Banks Sandton: 1974 Banking ...
Wesizwe Platinum Limited platinum exploration and mining: WBO Wilson Bayly Holmes - Ovcon Limited: home construction, building construction: WKF Workforce Holdings Limited: WHL Woolworths Holdings Limited: Woolworths, clothing, food, homeware, beauty, financial services: woolworthsholdings.co.za: WBC We Buy Cars Limited vehicle trading
South Africa produces more platinum and similar metals than any other nation. [22] In 2005, 78% of the world's platinum was produced in South Africa, along with 39% of the world's palladium. Over 163,000 kilograms (5,200,000 ozt) of platinum was produced in 2010, generating export revenues of US$3.82 billion. [24]
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Anglo American plc is a British multinational mining company with headquarters in London, England.It is the world's largest producer of platinum, with around 40% of world output, as well as being a major producer of diamonds, copper, nickel, iron ore, polyhalite and steelmaking coal.
Global platinum prices rose 6% during the strike, but prices retreated in early-June when a deal looked imminent. The price of palladium, which is closely tied to that of platinum, rose 15%. [1] The modest increase in the price of platinum was due to a large stockpile of global platinum reserves built up over several years of weak demand. [4]
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]