Impala Platinum Books Slight Beat to Expectations -- Market Talk

Dow Jones2024-10-30

1023 GMT - Impala Platinum's better-than-expected production results should be well-received by the market, Citi analysts say in a note. The South African miner reported a 5% fall in concentrate production, in line with Citi's estimates. Adjusting for inventory increases at its Zimplats subsidiary, production likely fell 3%, slightly more than forecast. Looking ahead, Implats' investment case depends on cost containment and its Royal Bafokeng asset ramp-up, Citi says. Shares are down 5.7% at 120.21 South African rand. (christian.moess@wsj.com)

(END) Dow Jones Newswires

October 30, 2024 06:23 ET (10:23 GMT)

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Shares are down 5.7% at 120.21 South African rand. 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(christian.moess@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  October 30, 2024 06:23 ET (10:23 GMT)\n</p>\n<p>\n  Copyright (c) 2024 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4188","symbol_name":"贵重金属与矿石","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2479362271","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2479362271","pubTimestamp":1730283780,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1023 GMT - Impala Platinum's better-than-expected production results should be well-received by the market, Citi analysts say in a note. 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