Layoffs likely as Impala plans to close loss-making shafts and delay projects

Miner racing against time to protect balance sheet from low prices

01 March 2024 - 18:16
By Dineo Faku

Impala Platinum has become the latest PGM company to announce belt-tightening measures and a review of operations that will likely result in layoffs as it grapples with the effects of low commodity prices.

This article is reserved for Sunday Times subscribers.

A subscription gives you full digital access to all Sunday Times content.

Please visit SundayTimes.co.za in your desktop to view our latest subscription options.

Already subscribed? Simply sign in below.

Sign In

Questions or problems? Email helpdesk@timeslive.co.za or call 0860 52 52 00.