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Zimbabwe's platinum output rises 6%
ZIMBABWE'S platinum output increased by 6% to 475 000 ounces (oz) last year as the backlog of semi-finished inventory was processed through South African smelters and refineries, the World Platinum In...Published: 13 Mar 2022 at 08:07hrs | 1 | by Staff reporter
Platinum prices defy global crisis
ZIMBABWE'S platinum output increased by 5% to 476 000 ounces (oz) last year, the World Platinum Investment council (WPIc) said on Thursday, commending government for including the firms among essentia...Published: 12 Mar 2021 at 06:48hrs | | by Staff reporter
Amplats warns Zimbabwe
ZIMBABWE'S decision to compel exporters to surrender more of their foreign currency earnings may leave miners unable to fund operations, Anglo American Platinum (Amplats), one of the country's biggest...Published: 24 Feb 2021 at 21:45hrs | 4 | by Staff reporter
SA firm to construct Unki smelter
A SOUTH Africa-based foundry and engineering company, Thos Begbie has won a tender to construct a smelter for Unki, one of the platinum mines in Zimbabwe.Following the awarding of the tender l...Published: 24 Jan 2018 at 05:30hrs | | by Staff reporter
Implats threatens to close Mimosa mine
IT'S "crunch time" for Impala Platinum's (Implats') Mimosa mine which is under threat of closure as it cannot not comply with Zimbabwe's beneficiation laws and remain profitable.The Hara...Published: 15 Sep 2017 at 10:19hrs | | by miningmx
Top Zimbabwean executive deported from SA over fraudulent documents
The South African department of home affairs deported Bongani Mhlanga, the Mvunonala group's founder and group chief executive, back to his home country, Zimbabwe, the City Press reported.Home...Published: 30 Apr 2017 at 18:48hrs | 17 | by Staff reporter
'Plagiarism claims extravagant,' rules judge
Online business publication Moneyweb's claim that Fin24 committed "systematic plagiarism on an industrial scale" is extravagant, the South Gauteng High Court has ruled.According to Fin24, Judg...Published: 05 May 2016 at 15:29hrs | | by Staff reporter
Anglo American Platinum to build Zimbabwe plant to avoid tax
Anglo American Platinum said it plans to build a "secondhand" smelter in Zimbabwe as the world's largest producer of the metal seeks to avoid paying a 15% tax on exports of unprocessed minerals from t...Published: 20 Jul 2015 at 13:43hrs | | by Bloomberg
Zimbabwe suspends 15% platinum levy
ZIMBABWE has put the brakes on a plan to levy a 15% tax on unbeneficiated platinum group metals (PGMs).The levy would not be implemented until current discussions between platinum miners and G...Published: 25 May 2015 at 08:22hrs | | by Staff reporter
Zim born man takes over as Sasol CFO
AFTER a year-long search, gas and liquid fuels group Sasol has appointed Anglo American Platinum (Amplats), and former Eskom chief financial officer Bongani Nqwababa as its chief financial officer fr...Published: 03 Oct 2014 at 19:47hrs | 2 | by Staff Reporter
Amplats, Implats back Zimbabwe's platinum refinery plan
JOHANNESBURG - Anglo American Platinum Ltd, Impala Platinum Holdings Ltd and other producers of platinum in Zimbabwe said they are committed to the country's plan to build a refinery, easing concern t...Published: 24 Jan 2014 at 07:32hrs | | by Bloomberg News
Amplats investigates Unki Platinum Mine
South African-based producer of platinum group metals Anglo American Platinum (Amplats) has launched an investigation into its wholly owned local subsidiary Unki Platinum Mine over a multi-million-dol...Published: 22 Sep 2013 at 05:37hrs | 3 | by Staff Reporter
Final phase of implementing ideals of liberation struggle - Mugabe
Harare - Zimbabwe's President Robert Mugabe said on Tuesday he saw his victory in last month's election as a mandate for "total" application of policies forcing foreign-owned firms to sell majority st...Published: 13 Aug 2013 at 18:57hrs | | by Staff Reporter
Ben Magara awarded shares worth R11 million by Lonmin
LONMIN's Zimbabwean CEO Ben Magara has been awarded 230,604 shares - worth about R11m at the current share price of R42 - to compensate him for the loss of various financial incentives meant to encou...Published: 12 Jul 2013 at 05:21hrs | | by Business reporter
Platinum producers told to start refining locally as govt plans to ban raw exports
THE government told platinum producers on Tuesday to start refining the metal locally within two years, placing a further requirement on an industry already forced to surrender majority shares to loca...Published: 13 Feb 2013 at 10:31hrs | | by Reuters
Independent Media Caught Offside
Who is fooling who? ...Published: 02 May 2012 at 08:49hrs | | by Dingizulu Mahlathini Moyo
Anglo American Platinum to submit empowerment plans this week
Anglo American Platinum will this week submit plans to the Zimbabweean government outlining how it will cede control of the Unki mine to black citizens, the state - controlled Herald said, citing Indi...Published: 01 Apr 2012 at 07:23hrs | | by Nare Msupatsila
Unki production on target and within budget: Amplats
Anglo American Platinum (Amplats) says its Unki platinum mine and concentrator plant have been handed over to operations, the Daily News reported.Amplats executive head of engineering and proj...Published: 30 Dec 2011 at 22:19hrs | | by Mining Weekly
Zim considering a ban on raw platinum exports
Zimbabwe is considering a ban on raw platinum exports in a bid to force miners to set up refineries in the country, but this move will not take place "overnight", a government official said on Wednesd...Published: 29 Dec 2011 at 13:52hrs | | by Staff reporter
Zimplats submits revised indigenisation plan
IMPALA Platinum's Zimbabwe unit has submitted a revised plan to comply with a law requiring foreign mining firms to turn over a 51 percent stake to local blacks, empowerment minister, Saviour Kasukuw...Published: 20 Nov 2011 at 06:24hrs | | by -
Unki mine in Zimbabwe, one of Anglo America's growth points
ANGLO American Platinum (Amplats) has highlighted the Unki mine in Zimbabwe as one its growth points, but CEO Neville Nicolau remains tightlipped over how the group will meet Zimbabwean indigenisation...Published: 25 Jul 2011 at 12:29hrs | | by Moyo Roy
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