Implats returns to dividends, the first since 2013
The platinum miner’s profit has surged due to higher metal prices, allowing it to keep shafts and jobs intact
27 February 2020 - 08:11
Impala Platinum (Implats) returned to dividends, the first since 2013, as interim profit surged due to higher metal prices that allowed the company to keep mines open and save 12,500 jobs.
Implats has reversed its 2018 plans to cut production from its Rustenburg mines to close to 500,000oz of platinum group metals (PGMs) from above 700,000oz as intended to restructure its assets to cope with lower prices.
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