Implats is pleased to announce the appointment of Mr Nicolaas (Nico) Johannes Muller as chief
executive officer and an executive director of Implats with effect from 3 April 2017.
Mr Muller holds a BSc Mining Engineering degree and has had a 27-year mining career that has
exposed him to multiple commodities, including platinum. He has a proven track record as a successful
operator, a highly rated leader and a strategic thinker. This mix of technical know-how and a strategic
approach will serve Implats and all its stakeholders very well.
Implats Rustenburg And Marula Operations Reach Wage Settlement
Subsidiary operating companies of Implats, Impala’s Rustenburg operations and Marula, have signed a three year wage settlement with the Association of Mineworkers and Construction Union (AMCU). This deal is effective 1 July 2016.
Implats Chief Executive, Terence Goodlace, commented, “This agreement is good news for all our stakeholders as it provides confidence and a level of comfort that we can better plan for the future sustainability of both the Rustenburg and Marula operations. More specifically, it ensures an element of certainty and security for employees, and specifically those colleagues in the lower pay-brackets who stand to benefit most from this settlement with a R1000 increase in basic salary. On behalf of our Board, I must commend and congratulate the role players in this process for arriving at a collective agreement without any debilitating labour disruption.
Implats procures the increase and extension of existing bank facilities
Impala Platinum Holdings Limited (Implats) is pleased to announce that it has extended the quantum and tenure of its existing debt facilities from certain of its local relationship banking institutions in order to further strengthen its balance sheet.