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Zimbabwe's platinum output to fall 4% in 2025

Zimbabwe's platinum production is projected to decline by 4% to 491,000 ounces in 2025, falling short of last year's record output, according to a new report from the World Platinum Investment Council (WPIC).The anticipated drop marks a re…

Published: 30 May 2025 at 13:31hrs | 2152 | by Staff reporter

Anglo American Platinum to rebrand as Valterra Platinum

Anglo American Platinum, the mining giant that owns Zimbabwe's Unki Mine, has announced plans to rebrand as Valterra Platinum, signaling the end of an era for the company.The name change is part of sweeping restructuring efforts by its par…

Published: 24 Mar 2025 at 13:39hrs | 1442 | by Staff reporter

Zimbabwe platinum output to remain stable

Platinum production in Zimbabwe is expected to remain stable this year, with global demand projected to rise by 3% to approximately 226,000 ounces, according to a report released by the World Platinum Council (WPC) yesterday.The WPC's repo…

Published: 11 Sep 2024 at 08:51hrs | 61 | by Staff reporter

Ngezi Platinum crash out

AS Maniema Union 0 - 0 Ngezi Platinum Stars(AS Maniema Union progress to the first round after a 4-3 penalty shootout win)Ngezi Platinum Stars were eliminated from their debut CAF Champions League campaign after a heartbreaking penalty sho…

Published: 26 Aug 2024 at 08:08hrs | 385 | by Staff reporter

Africa must move with time

As we commemorate Africa Day, we need to reflect on the potential the continent has and devise ways to improve on our weaknesses and make the continent great.Africa is often referred to as a "land of riches" due to its abundance of natural…

Published: 23 May 2024 at 19:18hrs | 19 | by Leonard Koni

Zimbabwe poised for record platinum haul

THE World Platinum Investment Council (WPIC) says Zimbabwe is on track to ramping up output of the white metal to an all-time high of 502 kilo ounces (koz) following massive investment by one of the country's top miners.The southern Africa…

Published: 02 Dec 2023 at 14:37hrs | 12 | by Staff reporter

Zimplats is cutting spending on its US$1.8bn projects

The decline in global platinum prices is compelling Impala Platinum to reduce its planned expenditures across its operations, including Zimplats, which is expected to negatively impact local suppliers and the economy.Platinum prices have f…

Published: 03 Nov 2023 at 08:22hrs | 12 | by Staff reporter

Ngezi piles pressure on title favourites Highlanders

NGEZI Platinum Stars moved to the top of the Castle Lager Premier Soccer League following a 1-0 win against inform Manica Diamonds at Baobab Stadium on Saturday to pile pressure on title favourites Highlanders ahead of their potentially ex…

Published: 09 Sep 2023 at 19:37hrs | | by Staff reporter

Distinctly Bosso

Ngezi Platinum 0- 1 Highlanders GIANTS Highlanders brought down the curtain on the first-half of the season with a massive win over Ngezi Platinum Stars at Baobab yesterday to open a seven-point lead at the top in the Castle Lager Premiers…

Published: 31 Jul 2023 at 06:56hrs | 11 | by Staff reporter

FC Platinum, Chiefs booted out of Caf competitions

REIGNING Castle Lager Premier Soccer League champions FC Platinum and Chibuku Super Cup holders Bulawayo Chiefs were excluded from the Caf Champions League and Confederation Cup preliminary draw held in Cairo, Egypt, yesterday.Chairman of …

Published: 26 Jul 2023 at 06:43hrs | 14 | by Staff reporter

Pilot mining starts at Karo platinum project

Tharisa Capital, a South African co-producer of platinum group metal (PGM) and chrome concentrates, says its Karo Mining platinum project in Zimbabwe remains on track, with the first plant concrete pour completed in June and pilot mining h…

Published: 18 Jul 2023 at 06:18hrs | 12 | by Staff reporter

FC Platinum on the prowl for new players

FC PLATINUM coach Norman Mapeza says his club is actively looking for new players in the current transfer window, but admitted that signing players at this stage is difficult.The platinum miners have recovered from a mini slump in form, co…

Published: 11 Jul 2023 at 07:40hrs | 14 | by Staff reporter

Zimbabwe to meet with Bravura over delayed platinum project

The Zimbabwean government will meet with Bravura Holdings Ltd., a company owned by Nigerian billionaire Benedict Peters, over delays to a platinum project in the southern African country, the deputy mines minister said."We are meeting them…

Published: 05 Jul 2023 at 09:40hrs | 14 | by Staff reporter

Great Dyke platinum project well on course

EXPLORATION and feasibility studies are complete at the new platinum mine owned by Great Dyke Investments in Darwendale and production is due to start soon with the mine expected to yield 1,36 million kg of the metal over 60 years.Great Dy…

Published: 12 Jun 2023 at 06:23hrs | 7 | by Staff reporter

Ngezi drown DeMbare

Ngezi Platinum Stars 2 - 1 DynamosNgezi Platinum Stars came from behind to inflict a second league defeat on Dynamos and shoot to the top of the log.The engrossing encounter played in front of a sizeable crowd at Baobab Stadium, saw Donald…

Published: 29 May 2023 at 06:39hrs | 1 | by Staff reporter

Zimbabwean minister sweats over idle platinum miner

INVESTORS in one of Zimbabwe's biggest platinum projects - Todal Mining - were this week said to have dumped the project, turning the heat on Mines minister Winston Chitando to cancel its licence.Todal's claims were taken from Anglo Americ…

Published: 14 Apr 2023 at 19:47hrs | 2 | by Staff reporter

Bosso's Brito banks on Platinum pressure

HIGHLANDERS coach Baltemar Brito reckons FC Platinum are favourites to retain the league title, but will be under pressure when the two sides clash in a Castle Lager Premier Soccer League match at Barbourfields Stadium tomorrow.Brito faces…

Published: 01 Apr 2023 at 07:35hrs | 1 | by Staff reporter

Karo Mining's US$4,2bn Zimbabwe platinum project takes off

The Karo Mining Holdings (KMH), a Zimbabwean platinum group metal (PGMs) miner undertaking a US$4,2 billion project in Mhondoro, has commenced operations with the first ore expected in the processing mill by July 2024.The Karo project is a…

Published: 08 Dec 2022 at 05:04hrs | 2 | 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 sustain business.Over the past few years,…

Published: 24 Oct 2022 at 06:11hrs | 2 | by Staff reporter

South Africa's Tharisa begins $391 million Zimbabwe platinum mine build

South Africa's Tharisa Plc plans to spend $391 million on developing a 194,000 ounce per year platinum group metal (PGM) mine in Zimbabwe, chief executive Phoevos Pouroulis said on Wednesday.Tharisa, a co-producer of chrome concentrates an…

Published: 13 Oct 2022 at 06:02hrs | 5 | by Staff reporter

US$250m injection in new platinum mine

Bravura Consortium, which is owned by Nigerian billionaire Mr Benedict Peters, is finalising resource exploration at its claims in Selous, Mashonaland West province, where it is set to invest US$250 million to develop a new platinum mine.T…

Published: 02 Oct 2022 at 08:57hrs | | by Staff reporter

Zimbabwe's desperate power situation points to poor planning

THIS week, Justice minister Ziyambai Ziyambi, in his capacity as leader of government business in the National Assembly and responding to Members of Parliament's concerns about the country's rolling power outages, told us that equipment at…

Published: 30 Sep 2022 at 06:09hrs | 2 | by Staff reporter

Mphoko spills beans on murky US$6bn deal

Former vice-president Phelekezela Mphoko has revealed how the army seized Zimbabwe's biggest platinum reserves, saying he was threatened with dismissal by unnamed generals for questioning the deal while he was still the country's ambassado…

Published: 19 Jun 2022 at 10:10hrs | 17 | by Staff reporter

Zimbabwe's US$3bn platinum deal all but collapses in a shambles

IT was noisily touted as a game changer for Zimbabwe's mining sector, and the economy; a centrepiece of government's ambitious yet unrealistic US$12 billion target for the industry by next year and catalyst to transform Zimbabwe into a kno…

Published: 31 May 2022 at 07:38hrs | 18 | by Staff reporter

Luphahla snubs lucrative platinum clubs' offers

Former Northern Region Division One side Golden Eagles coach Joel Luphahla snubbed lucrative offers from Ngezi Platinum Stars and FC Platinum to join his boyhood club Highlanders where he will be the second assistant coach to Mandla Mpofu.…

Published: 23 Mar 2022 at 20:13hrs | 1 | by Staff reporter

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 Investment Council (WPIC) has said.In 202…

Published: 13 Mar 2022 at 08:07hrs | 2 | by Staff reporter

A Platinum Chibuku showdown

HAVING guided FC Platinum to three Chibuku Super Cup final appearances, including a victory in 2014, and also helping the Zvishavane miners to three league championship titles, Norman Mapeza feels like he has to start all over again.Mapeza…

Published: 05 Dec 2021 at 06:08hrs | 26 | by Staff reporter

Zimbabwe govt threatens to seize platinum concession

ZIMBABWE'S Mines Minister has informed Todal Mining, a venture controlled by Eurasian Resources Group, that its platinum mining concessions could be seized because no progress has been made in developing them.The Bokai and Kinonde concessi…

Published: 31 May 2021 at 18:57hrs | | by Staff reporter

Zimbabwe platinum output up 4%

According to the World Platinum Investment Council (WPIC) latest Platinum quarterly report for the third quarter of 2020, Zimbabwe saw a marginal increase in platinum output in a period where global demand for platinum outweighed supply dr…

Published: 18 Jan 2021 at 10:41hrs | 1 | by Staff reporter

Mapeza back in Caf inter-club trenches

JUST over a year after he turned his back on continental inter-club football, Norman Mapeza is expected to make his return to Champions League in Mozambique tomorrow. He leads FC Platinum into a tricky date against Costa do Sol in Maputo. …

Published: 27 Nov 2020 at 07:00hrs | 1 | by Staff reporter

Russian plan to dig biggest Zimbabwe platinum mine advances

A project that aims to develop Zimbabwe's biggest platinum mine has cleared a significant hurdle, with the African Export-Import Bank completing a due diligence study allowing it to proceed with a $500 million syndicated funding program.Wh…

Published: 26 Sep 2020 at 19:04hrs | | by Staff reporter

Bosso bullish ahead of Barbourfields blockbuster

HIGHLANDERS coach Mandla "Lulu" Mpofu believes their last two results, which saw them win against Dynamos before last week's draw away at Ngezi Platinum, have given them momentum ahead of their tough clash with champions FC Platinum at Bar…

Published: 13 Jul 2019 at 08:16hrs | 4 | by Staff reporter

Zimbabwe army offloads stake in $4bn project

Zimbabwe's military has disposed of its stake in a $4 billion platinum joint venture with Russian investors, President Emmerson Mnangagwa, has said.Mnangagwa revealed this in an interview with Bloomberg in Mozambique during the just-ended …

Published: 23 Jun 2019 at 21:16hrs | 2 | by Staff reporter

Anglo American Platinum believes in Mnangagwa's vision

MULTINATIONAL mining group, Anglo American Platinum, has pledged continued support for Zimbabwe's economic development in partnership with Government as it believes in President Mnangagwa's vision of transforming the country into a middle-…

Published: 17 May 2019 at 06:19hrs | 3 | by Staff reporter

Anglo American opens Zimbabwe's first platinum smelter

Mining giant Anglo American on Thursday opened a $62-million platinum smelter in Zimbabwe, the country's first such refinery, as President Emmerson Mnangagwa vowed to boost the country's valuable platinum sector.The construction at the com…

Published: 16 May 2019 at 19:00hrs | 2 | by AFP

Zimbabwe to announce more PGM investors

Government will, in the next few weeks, announce at least two more investors that are expected to deploy huge foreign capital in the country's platinum sector as scores of local and foreign investors fall in love with the Government's "Zim…

Published: 28 Apr 2019 at 07:30hrs | 1 | by Staff reporter

Unki FY production up 15%

ANGLO American Platinum's local unit, Unki Platinum, reported a 15% production increase to 85 900 ounces in the full year to December 2018 up from 74 600 ounces recorded in prior year driven by an improvement in operational efficiencies.Qu…

Published: 25 Jan 2019 at 08:15hrs | 4 | by Staff reporter

FC Platinum's big Esperance test

FC PLATINUM produced a top-notch performance against South African football giants Orlando Pirates at Barbourfields Stadium in Bulawayo on Saturday in a showing that saw them receive plenty of applauds, but they know that they will have to…

Published: 18 Jan 2019 at 12:18hrs | 2 | by Staff reporter

Zimbabwe parly protests suspension of platinum tax

Lawmakers are not happy with Finance minister Mthuli Ncube's move to suspend a 15 percent tax on raw platinum exports until January 2022 to give the mining firms time to set up smelters ad refineries. The tax was introduced by government i…

Published: 03 Jan 2019 at 09:27hrs | | by Staff reporter

Zimbabwe's $4,2bn platinum deal in limbo

DODGY investment firm Karo Resources, which was controversially allocated vast platinum claims previously held by Zimplats ostensibly to set up a US$4,2 billion plant - a figure which it later disowned to the Zimbabwe Independent suggestin…

Published: 03 Nov 2018 at 12:58hrs | 3 | by Staff reporter

FC Platinum, Ngezi in tricky ties

ALL eyes will be on the two Castle Lager Premier Soccer League title favourites Ngezi Platinum Stars and FC Platinum who face tricky opponents this weekend.FC Platinum, second on the table with 35 points after 14 games have an opportunity …

Published: 02 Jun 2018 at 15:39hrs | | by Staff reporter

Ngezi Platinum players raking in cash

MONEY in the bank!Ngezi Platinum Stars players are not just playing well, they are also smiling all way to the bank.They are in form and their average salaries have been revealed-and according to revelations made by the club's highly place…

Published: 25 May 2018 at 07:02hrs | 3 | by Staff reporter

Ngezi Platinum on a roll

THERE'S something special about Tonderai Ndiraya and his Ngezi Platinum Stars outfit that is threatening to run away with the Castle Lager Premier Soccer League title. They have remained humble despite being at the top of the table and bei…

Published: 15 May 2018 at 07:02hrs | 2 | by Staff reporter

Russia eyes Zimbabwe's diamonds and platinum

Russia's Foreign Minister Sergei Lavrov on Thursday met with Zimbabwe's new President Emmerson Mnangagwa and discussed possible military co-operation as well as plans to boost economic ties.Lavrov, who is on a tour of Africa, is the first …

Published: 08 Mar 2018 at 15:40hrs | | by AFP

Harare City halt Platinum charge again

Harare City 0 - 0 FC PlatinumFC PLATINUM coach Norman Mapeza yesterday rued the missed chance by his side to extend their lead at the top of the table after they were held to a goalless draw by Harare City at Rufaro.Mapeza, who just came s…

Published: 28 Oct 2017 at 07:37hrs | | by Staff reporter

Unki gets green light to construct platinum refinery

THE Environmental Management Agency has approved the Environmental Impact Assessment for world top platinum producer, Anglo-American Platinum to construct its platinum smelting plant at its Zimbabwean unit - Unki Mine - marking a major pro…

Published: 26 Jun 2016 at 18:00hrs | 13 | by Munyaradzi Musiiwa

Massive Zimbabwe platinum project to start next year

The second phase of the $3 billion platinum project in Darwendale, a joint venture between Zimbabwe and Russian companies, is expected to start next year, with visiting Russian Deputy Minister of Industry and Trade Mr Georgy Kalamanov, yes…

Published: 16 Oct 2015 at 06:14hrs | 2 | by Farirai Machivenyika

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 Government were finalised, said Walter Chidhakwa…

Published: 25 May 2015 at 08:22hrs | 1 | by Staff reporter

Mugabe's army muscles in on rich platinum deal

Zimbabwe National Army has won a bitter struggle with the Ministry of mines and mining development for the control of a lucrative $4,8-billion platinum mine.The project is a joint venture between the military - through the Pen East Mining …

Published: 15 Feb 2015 at 09:48hrs | 3 | by Staff reporter

Zimbabwe to keep 15% export tax on unrefined platinum

Zimbabwe will keep a 15% export tax on unrefined platinum for now because mines have failed to provide a roadmap on how they plan to set up a local refinery, Finance Minister Patrick Chinamasa said on Monday.President Robert Mugabe's gover…

Published: 03 Feb 2015 at 11:48hrs | | by Reuters

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