Pos­i­tive

Finweek English Edition - - INSIGHT - Im­pala Plat­inum mine

The res­ig­na­tion of Im­pala Plat­inum’s ( Implats’) op­er­a­tions di­rec­tor, Paul Dunne, was an­nounced qui­etly by the plat­inum pro­ducer on Fri­day, 18 Oc­to­ber, but the lead-up to the ex­ec­u­tive’s de­par­ture was far from am­i­ca­ble, Fin­week can re­port.

A week prior to the an­nounce­ment of Dunne’s res­ig­na­tion, af­ter he had put in some 16 years at the com­pany, ru­mours were swirling about a man­age­ment re­bel­lion at the plat­inum miner.

Ac­cord­ing to one source, em­ploy­ees had been called in by Implats CEO, Terence Good­lace, for a dis­cus­sion on whether he (Good­lace) should con­tinue at the com­pany. This was set against spec­u­la­tion that man­age­ment didn’t like his man­age­ment style.

Terence Good­lace

Newspapers in English

Newspapers from South Africa

© PressReader. All rights reserved.