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Mining Weekly reported Impala Platinum (JSE:IMP) on Thursday reported a 37% fall in profit during the year ended June 2012, as lower production and a weakening macroeconomic environment weighed on the group.
Mining Weekly reported Impala Platinum (JSE:IMP) on Thursday reported a 37% fall in profit during the year ended June 2012, as lower production and a weakening macroeconomic environment weighed on the group.
As quoted in the market news:
A six-week strike in February at the group’s Rustenburg operations cost the company 150 000 oz of platinum, 77 000 oz of palladium, 19 000 oz of rhodium and 900 t of nickel production.
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