US EditionImplats to shut Canadian mine Lac des Illes
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Implats to shut Canadian mine Lac des Illes
IMPALA Platinum (Implats) plans to cease operations at its Ontario mine by May 2026, endangering 750 positions as weak metal prices undermine the facility’s viability, according to a report by Bloomberg News earlier this week. The Lac des Iles operation, situated 1,500 kilometres northwest of Toronto, has struggled with prolonged market conditions that have left the business unable to generate sufficient cash flow, said the newswire. Impala Cana…
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