Source: Engineering News

North American Palladium: Implats expecting phased reduction in group output

A phased reduction in group output owing to a probable decline in production from Impala Canada and Mimosa in Zimbabwe is likely from platinum group metals (PGMs) mining and marketing company Implats, which on Thursday reported lower group profitability, despite disciplined cost control and solid production across several operations. The odds-on decline in production amounts to roughly 8% of the production guidance of the 2024 financial year to June 30. (Also watch attached Creamer Media video.)

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Est. Annual Revenue
$100-500M
Est. Employees
250-500
James Gallagher's photo - President & CEO of North American Palladium

President & CEO

James Gallagher

CEO Approval Rating

86/100

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