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Zimplats narrows down costs
Zimplats narrowed down costs in the quarter to end June although it is still investing in capital projects such as a solar power plant that is due for commissioning and a concentrator project....Published: 16 Aug 2024 at 14:06hrs | 858 | by Staff reporter
Platinum seen as Zimbabwe's mainstay for foreseeable future
PLATINUM is likely to be Zimbabwe's mainstay in the foreseeable future considering the way platinum firms operating in the country are investing in new mines and smelters to increase production and su...Published: 24 Oct 2022 at 06:11hrs | 2 | by Staff reporter
Zimplats splurges US$270m on capital projects
Zimplats says it has expended in excess of US$270 million on capital projects in 2022, nearly 70% up on the US$159,1 million spent in the previous year.These include stay-in-business, re...Published: 07 Sep 2022 at 06:43hrs | 2 | by Staff reporter
Zimplats to plough $80m into one of Zimbabwe's largest mines
Impala Platinum's Zimbabwe unit Zimplats is going to plough more than $80 million into its Bimha mine just after completing a nearly $100 million reconstruction project there following a major collaps...Published: 30 Mar 2022 at 12:27hrs | 2 | by Staff reporter
Zimbabwe edges closer to US$12bn target?
Government and private sector players in the mining industry are resolute in their commitments towards achieving the US$12 billion by 2023.Zimbabwe launched the Strategic Road to the Achieveme...Published: 03 Jan 2022 at 05:53hrs | 16 | by Staff reporter
Robbers target mines
Police are concerned over a sudden increase in armed robbery cases at mining sites countrywide where criminals are targeting gold and cash.Heavily armed criminal gangs brandishing various weap...Published: 03 Jun 2021 at 06:53hrs | 15 | 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
Zimplats lines up second Ngezi concentrator
NGEZI-based platinum miner, Zimplats plans to construct a new concentrator to complement US$520 million worth of green and brownfield projects that have been lined up to replace old shafts and bolster...Published: 05 Mar 2021 at 06:52hrs | | by Staff reporter
Zimplats output rises 2%
PLATINUM miner Zimplats recorded a 2% increase in ore mined to 1,864 million tonnes during the quarter ended September 30, 2020, after a new shaft which is still under development bolstered production...Published: 31 Jan 2021 at 10:00hrs | | by Staff reporter
Zimplats remits US$164m tax contribution
ZIMBABWE'S largest platinum miner, Zimplats, says its tax contribution to the Government increased by 95,2 percent in the financial year ended 30 June 2020 to US$164 million.In its 2020 integr...Published: 18 Oct 2020 at 08:47hrs | | by Staff Reporter
Zimplats sinks US$200m in Zimbabwe
AUSTRALIAN Stock Exchange-listed resources giant Zimplats is scouring Zimbabwean landscapes to unlock fresh opportunities, possibly bolstered by fresh policies giving foreign investors the right to ho...Published: 12 Oct 2020 at 06:14hrs | 5 | by Staff reporter
Zimplats commits to Zimbabwe
Australia Stock Exchange-listed platinum producer, Zimplats, has vowed to remain in Zimbabwe despite threats by President Robert Mugabe's government to seize more than half of the company's land....Published: 02 May 2017 at 14:16hrs | | by Staff reporter
Zimplats approves development of $264 million Mupani mine
South Africa's Impala Platinum Holdings Ltd (Implats) and Zimplats' board have approved the development of the $264 million Mupani Mine, which will increase the Zimbabwe unit's mineral reserves, t...Published: 30 Nov 2016 at 18:42hrs | 1 | by Staff reporter
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