Wednesday, 20 June 2007

Implats boosts capex to R25 bln over next 5 years

(Reuters) - South Africa's Implats has nearly doubled planned capital expenditure to 25 billion rand over the next five years, according to a presentation released on Wednesday.

Impala Platinum Holdings Ltd, the world's second-biggest platinum producer, gave the new figure in a presentation posted on its website. In February, it pegged its five-year capex spending at 13 billion rand.


Read more at Reuters Africa

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