Impala Platinum Holdings Ltd (Implats), the second largest platinum producer in the world, has as its prime business the mining, refining and marketing of the major platinum group metals (PGMs) as well as associated base metals nickel, copper and cobalt. Its activities are based on the PGM-rich... More
Wednesday, Feb 134:59 PMWhile prices for gold and silver drift lower, platinum's premium to gold surged to a 17-month high on concern supply may fall after Zimbabwe's government seized land from the country’s biggest platinum producer Zimplats, majority owned by Impala Platinum. Commerzbank analysts expect further production outages which could increase the platinum supply deficit on the world market. |Wednesday, Feb 134:59 PM| Comment!
Tuesday, May 292012, 12:55 PMImpala Platinum's (IMPUY.PK) CEO says his company will watch Anglo American's (AAUKY.PK +2.1%) platinum review and would be prepared to scoop up any assets if they fit within its portfolio and generate value for shareholders. Anglo American launched a review earlier this year to extract more profitability from its platinum operations against a backdrop of rising costs. |Tuesday, May 292012, 12:55 PM| Comment!
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