Jobs in the embattled platinum sector are in further peril after Impala Platinum (Implats) said nearly 4,000 jobs are on the line across its operations as the sector battles low prices and a surge in costs.

Implats said on Friday it had begun consulting labour in a process that could cause it to let go of 3,900 workers — or 9% of workers across the company’s Rustenburg, Impala Bafokeng and Marula operations...

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.