Impala Platinum Acknowledges Mining Social Problems

FM reported Impala Platinum (JSE:IMP) acknowledges social problems surround its Rustenberg mine, but say the company can’t do “everything.”

As quoted in the market news:

Mining companies don’t deny there are serious social problems around Rustenburg, but Impala Platinum CEO Terence Goodlace points out: “We cannot do everything for everybody.

 Johan Theron, Implats group executive: people, says the number of inhabitants of informal settlements around the mines has swelled because the mining companies prioritise local residents for job opportunities, attracting people from other areas so that they can be considered for those jobs.