Zimplats’ Matte Production Surges by 12%
Australia Stock Exchange-listed platinum group metals (PGM) producer Zimplats, Zimbabwe’s leading PGM producer, has reported a remarkable 12 per cent increase in matte production.
By Rudairo Mapuranga
According to Impala Platinum Holdings Limited (Implats), Zimplats’ parent company, the impressive surge in production was driven by key contributions from Rukodzi Mine and Mupani Mine, underscoring the significance of efficient mining practices and operational optimization.
Implats reported that in the quarter ended 31 March 2024, Zimplats demonstrated strong performance, recording a notable 7 per cent increase in milled throughput, reaching 2.01 million tonnes. This growth was attributed to pillar reclamation activities at Rukodzi Mine, as well as a production volume ramp-up at Mupani Mine. Additionally, the deferral of a scheduled mill reline to the fourth quarter of the Financial Year 2024 further supported production volumes. Higher grade and improved process recoveries also contributed to the positive results, culminating in a 12 per cent increase in matte production to 166,000 6E ounces.
“Zimplats delivered a 7% increase in milled throughput to 2.01 million tonnes, benefiting from pillar reclamation activities at Rukodzi Mine, a production volume ramp-up at Mupani Mine, and the deferral of a scheduled mill reline to Q4 FY2024. Volumes also benefited from higher grade and improved process recoveries, and matte production increased by 12% to 166,000 6E ounces,” Implats said.
According to Implats, over the nine months ending 31 March 2024, Zimplats continued its upward trajectory, with mill throughput increasing by 6% to 5.92 million tonnes. The stability in grade, coupled with improved recoveries and processing stability at the expanded concentrator complex, further bolstered production. Positive inventory moves in the furnace also played a significant role in the overall performance. As a result, Zimplats achieved a commendable 10 per cent increase in matte production, totalling 493,000 6E ounces.
“Mill throughput increased by 6% to 5.92 million tonnes and, together with stable grade, improved recoveries, and processing stability at the expanded concentrator complex and positive inventory moves in the furnace, resulted in a 10% increase in matte production of 493,000 6E ounces,” the group said.
Zimplats’ success can be attributed to its relentless focus on operational efficiency, technological innovation, and strategic investments in key mining assets. By leveraging the synergies between its various operations, such as the pillar reclamation initiatives at Rukodzi Mine and production ramp-up at Mupani Mine, Zimplats has been able to optimize its production processes and maximize output even in challenging operating environments.