Corporate profile

Impala Platinum Holdings Limited (Implats) produced 1.846 million ounces of platinum and 3.490 million ounces of platinum group metals (PGMs) in FY2006. This amounts to approximately 25% of global platinum supply and makes Implats one of the most significant platinum producers in the world.

Implats has operations on the Bushveld Complex in South Africa and the Great Dyke in Zimbabwe, the two largest known deposits of PGMs in the world. Implats' primary operation is the wholly owned Impala Platinum which is situated on the western limb of the Bushveld Complex. Also in South Africa are Marula Platinum (77.5%, as from June 2006) and Two Rivers (45%), both of which are located on the eastern limb of the Bushveld Complex. In Zimbabwe, Implats has interests in Zimplats (86.9%) and Mimosa (50%). Implats also has an investment in platinum producer, Aquarius Platinum Limited (8.6%), and its subsidiary Aquarius Platinum (South Africa) (20%).

The group's operations in South Africa and Zimbabwe give it a total attributable reserve and resource base of 182.9 million ounces of platinum. Implats also has offshore exploration projects in Botswana, Canada, China, Madagascar and Mozambique.

Implats employs approximately 31,500 people across its operations and is one of the most efficient and lowest cost primary platinum producers in the world.

Implats has a primary listing (IMP) on the JSE Limited (JSE) and a secondary listing (IPLA) on the London Stock Exchange. The company has a sponsored level 1 ADR program (IMPUY) in the United States.

Vision

To be the world’s best platinum producing company, delivering superior returns to shareholders relative to our peers

Implats' values

  • Safeguarding the health and safety of our employees, and caring for the environment in which we operate
  • Acting with integrity and openness in all that we do and fostering a workplace in which honest and open communication thrives
  • Being a responsible employer, developing people to the best of their abilities and fostering a culture of mutual respect amongst employees
  • Promoting and rewarding teamwork, innovation, continuous improvement and the application of best practice
  • Being accountable and responsible for our actions as a company and as individuals
  • Improving our performance continuously and creating sustainable value
  • Being a good corporate citizen to the communities in which we live and work

Impala Platinum Holdings Limited - Annual Report 2006