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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 ...
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]
ARM has interests in a wide range of mines, including platinum and platinum group metals (PGMs), iron, coal, copper, and gold. [2] ARM's Goedgevonden coalmine near Witbank is a flagship of their joint venture with Xstrata, and produces 6.7 million tons of coal per year. [3] Production is expanding at the Two Rivers platinum mine in Mpumalanga. [4]
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the ...
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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 Ltd. was purchased by Johannesburg-based Impala Platinum Holdings Limited for CA$1 billion in 2019. [9] Under the terms of the deal, Brookfield Business Partners was paid $570 million for its 81% stake in the company and minority shareholders were paid $19.74 per share. [ 10 ]
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