Impala Platinum Says 1Q Volumes Rose; Coronavirus Hit Was Minimal
October 30 2020 - 2:40AM
Dow Jones News
By Anthony O. Goriainoff
Impala Platinum Holdings Ltd. said Friday that total 6E
concentrate volumes rose 11% to 859,000 ounces for the first
quarter of fiscal 2021, and that production losses attributable to
the coronavirus pandemic were minimal.
6E concentrates are platinum, palladium, rhodium, ruthenium,
osmium and gold.
The South African platinum miner said that for the period from
July 1 to Sept. 30 gross metric tons milled at managed operations
rose 18% to 6.13 million metric tons. The company said this was
mainly due to the maiden inclusion of Impala Canada, and production
gains at the Marula, South Africa, project.
"Implats has delivered a strong start to fiscal 2021 with
pleasing improvements in safety and a number of notable operational
gains," Chief Executive Nico Muller said.
Write to Anthony O. Goriainoff at
anthony.orunagoriainoff@dowjones.com
(END) Dow Jones Newswires
October 30, 2020 02:25 ET (06:25 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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