Mimosa to use Zimplats' Base Metal Refinery

Mimosa Mining Company has entered into an agreement with Zimplats, the country's largest platinum group metal (PGM) producer, to use Zimplats' Base Metal Refinery (BMR) to maximize the nation's PGM benefits.

Stephen Ndiyamba, General Manager of Mimosa Mining Company, stated that due to a limited resource base, the company cannot establish its own processing facility.

Zimplats is in the process of constructing the BMR, which will have the capacity to toll process ores from other PGM producers.

"Regarding beneficiation, Mimosa is unable to set up its own facility due to a limited resource base. However, we can utilize local beneficiation facilities as they become available. Zimplats is currently constructing a facility that can accommodate feed from Mimosa, and an agreement is in place for this arrangement," Ndiyamba explained.

However, it should be noted that Zimplats has deferred its BMR refurbishment.

Zimplats, the country's largest PGM producer, is postponing the execution of the Selous Base Metal Refinery (BMR).

According to Impala Platinum (Implats), which owns Zimplats, Zimbabwe's largest PGM producer will also delay other projects in the country, including the 185MW solar plant, due to softening commodity prices, which have resulted in some job losses.