Implats commits R50bn to five-year capital programme

Johannesburg – Platinum group metals (PGMs) mining and marketing company Impala Platinum (Implats) affirmed at the South African Investment Conference on Thursday that it would commit close to R50-billion to its Southern African capital investment programme over the next five years. The investment capital would be targeted at the group’s mining and processing assets, across stay-in-business operations and new growth projects, the JSE-listed platinum major, headed by CEO Nico Muller, stated. “Southern Africa is the world’s largest source of primary PGMs supply, and Implats’ investment in increased beneficiation capacity and extended life-of mine (LoM) development at several of our operations will position the country more competitively as a global mine-to-market PGM producer,” Muller said in a release to