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Impala Platinum Holdings has posted a 125% increase in headline earnings to R36.4 billion or R46.35 per share.
Ramp-up of production has surpassed initial expectations in South Africa, with revised operating protocols proving effective against COVID-19 interruptions
Zimplats will continue to maximise the business flexibility provided by its asset base and remains prepared to adjust its operating plans.
Implats has delivered strong safety and operational performances for the half‐year ended 31 December 2018 and a return to profitability and cash generation.
Consistent with its strategic review announcement, Implats is progressing the implementation of its Impala Rustenburg strategic restructuring plan.
Implats has advised that Zimplats will release to the government land measuring 23 903 ha within Zimplats’ mining lease area in support of the government’s efforts to enable participation by other investors in the platinum mining industry in Zimbabwe.
President Emmerson Mnangagwa is proving that his determination to drive investment into Zimbabwe after announcing he will drop the requirement for mining companies to list on the local stock exchange.
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