Implats maintains 2019 guidance despite challenging third quarter

Against a backdrop of challenges in the third quarter, ended March 31, for platinum miner Impala Platinum, the miner has maintained its market guidance for the full-year. The full‐year refined production for Implats is estimated at between 1.5-million and 1.6-million platinum ounces and, given the scheduled refurbishment of furnaces at Impala Rustenburg and Zimplats later in the financial year, Implats expects to release limited inventory through the refinery during the second half of 2019, with the remainder to be released across the group during 2020.