Impala Platinum Holdings Ltd (IMPJ.J)
16 Aug 2018
Thu, Aug 2 2018
JOHANNESBURG Miner Impala Platinum could sell shafts it plans to close if buyers could be found, Chief Executive Nico Muller told journalists on Thursday after the company announced 13,000 job cuts over the next two years.
LONDON/JOHANNESBURG Impala Platinum (Implats) plans to cut jobs and close some of its shafts in South Africa as part of a restructuring process to make its struggling mines profitable, two sources familiar with the matter told Reuters on Wednesday.
* 'Risk-off' sentiment sends Asian shares to over 6-month low * Spot gold may bounce to resistance at $1,290/oz -technicals * Platinum hits 6-month low (Adds comment, detail; updates prices) By Apeksha Nair BENGALURU, June 19 Gold prices rose on Tuesday, supported by safe-haven buying as an escalating trade spat between the United States and China sparked a sell-off in equity markets. Spot gold was up 0.2 percent at $1,280.29 an ounce by 0640 GMT.
* Easing geopolitical risk negative for gold - analyst * SPDR gold holdings down 0.4 pct on Monday * Platinum edges up from five-month low hit on Monday (Updates prices) By Apeksha Nair BENGALURU, May 22 Gold prices dipped slightly on Tuesday, hovering not far off a 2018 low struck in the previous session as a firm dollar near five-month highs and optimism in global markets curbed appetite for the precious metal. Spot gold was down 0.2 percent at $1,2
* U.S. tariffs could hit up to $60 bln of Chinese goods * Trump signs spending bill, but after veto threat * Global stocks, U.S. dollar fall * Gold up 2.8 percent this week * Platinum's discount to gold at highest since 1985 (Updates prices, headline; adds comment, additional byline NEW YORK to dateline) By Renita D. Young and Peter Hobson NEW YORK/LONDON, March 23 Gold prices surged to a one-month high on Friday as the threat of a global trade war sent