- August 16, 2020
- Posted in LOCAL
ZVISHAVANE-BASED platinum company, Mimosa Mining Company has produced more than 123 000 ounces of platinum in the financial year ended June 2020 and has surpassed its annual production capacity.
The company said it has shrugged off hurdles brought by Covid-19 to meet its target annual production after the Government granted its essential services status during the lockdown period. The company which is one of the largest platinum producers in the country is also targeting producing in almost the same amount of in the coming year to June 2021.
The company indicated that it has also increased its capacity which has been boosted by optimisation of equipment that will see output slightly going up by five percent. Mimosa Mining spokesperson Ms. Elizabeth Nerwande said the company has largely been able to meet its production targets, despite the Covid-19 pandemic.
“Our target production for platinum was 123 000 ounces. The target was achieved for the financial year ended June 2020.
Mimosa has largely been able to meet its production targets, despite the Covid-19 pandemic. This follows granting of essential services status to the mining industry by the Government. This allowed us to continue production while observing protocols to avoid the introduction and spread of Covid-19 in the workforce,” she said.
Ms Nerwande said Mimosa has also optimized the use of its equipment enabling to ramp up production.
“We have not changed our production targets. We will aim to produce at the same level going forward. Mimosa produced 123,000 ounces of platinum in concentrate for the financial year ended June 2020. Mimosa’s current production capacity is 120,000 ounces of platinum in concentrate per annum,” she said.
Ms. Nerwande said the company has also put in place measures to respond to the threats of Covid-19.
“We have not adjusted our production target as a result of the coronavirus pandemic. We are confident that the response measures which we have put in place are adequate to safeguard the health and well-being of our people, thus allowing us to produce to capacity,” she said.
The Sunday News