Impala Platinum Hldgs Ltd (IMPUF) Q2 2024 Earnings Call

Investor webinar replay

Replay transcript excerpt

Welcome to the webcast presentation of our results for the six months ended 31 December 2024. I am Nico Muller, the CEO of Implats. This presentation aims to provide a high-level overview of our group's performance over the financial year. Before we begin, I draw your attention to our normal disclosure statement pertaining to any forward-looking statements that may be made today. I also remind you that detailed commentary is available on our website. I will start today's presentation with an overview of the group's performance, including safety and key features. This will lead into a more detailed account of operational performance of the group, presented by Patrick Marultwa, our Chief Operating Officer, followed by our financial results, presented by Melinisha Kerber, our CFO, and then Sofisa Shibia, our Group Executive for Refining and Marketing, will provide an overview of the PGM market before I finish off with our outlook for financial year 2024. Implex delivered strong production and commendable cost control despite navigating several serious operational challenges during the period. Safe production remains the Group's foremost priority. and we remain committed to our goal of achieving zero harm to health and safety of employees and contractors. It is therefore with great sadness that 86 of our employees were involved in an accident associated with a personnel conveyance at Impala Rustenburg's 11 shaft at the end of November. 13 employees lost their lives and a further 73 of our colleagues were injured in the incident. In addition, three employees lost their lives in separate accidents at our managed operations bringing the group's reported fatalities to 16 in the period. We mourn the passing of our team members. and extend our sincere condolences to the famili...