Impala Platinum 1Q Production Increases
October 31 2017 - 3:10AM
Dow Jones News
By Maryam Cockar
Impala Platinum Holdings Ltd. (IMP.JO) on Tuesday said that
production in the first quarter of fiscal 2018 increased, but
warned that safety at its mines remains an issue as it experienced
three employee fatalities.
For the quarter ended Sept. 30, the South Africa-listed miner
said that tons milled across the group rose 9.6% to 6.7 million
tons, compared with 6.1 million a year earlier.
Platinum concentrate production increased 6.7% to 349,000
ounces, compared with 327,000 ounces in the year-ago period, it
said.
Impala added that refined platinum production fell 6.6% to
341,000 ounces, compared with 365,000 ounces a year earlier, as
refined metal output was affected by the planned maintenance of its
furnace.
Write to Maryam Cockar at maryam.cockar@dowjones.com
(END) Dow Jones Newswires
October 31, 2017 02:55 ET (06:55 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
Impala Platinum (QX) (USOTC:IMPUY)
Historical Stock Chart
From Sep 2024 to Oct 2024
Impala Platinum (QX) (USOTC:IMPUY)
Historical Stock Chart
From Oct 2023 to Oct 2024