Implats rewards shareholders handsomely after stellar year
SA’s third-largest PGM miner returns to dividends in spectacular style after last paying out a pittance in 2013
03 September 2020 - 08:31
Impala Platinum, SA’s third-largest source of platinum group metals (PGMs), sees future growth coming from its assets in Zimbabwe and Canada, says CEO Nico Muller, while advising the market this is not the time for mergers and acquisitions.
Implats, which owns 87% of ASX-listed Zimplats, the biggest miner in Zimbabwe, is building the Mupani shaft to replace two older shafts, and plans to build a third concentrator in the country, using second-hand equipment in SA, to accommodate extra ore from the new shaft...
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