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Search results: platinum group metal (PGM)
Tharisa due to consider Selous PGM project proposal by end of year
THARISA said it was due to present a development proposal for a platinum group metals (PGM) mine in Zimbabwe before the year-end after resuming drilling on the project at the end of last year and completing technical...
Amplats H1 earnings soar, declares record dividend
Anglo American Platinum (Amplats) on Monday posted a near 7-fold increase in half-year earnings and paid a record dividend as higher metals prices and increased output boosted profit, sending its shares higher.
The precious metals miner declared...
David Brown to resurrect Zimbabwe gold mines
DAVID Brown’s association with Zimbabwe’s mining sector dates back to his six years as CEO of Impala Platinum (Implats) which ended in 2012.During that time, he met with the late former President Robert Mugabe, in an...
UNKI performance increases production despite Corona virus challenges
Zimbabwe’s second-largest Platinum producer Unki Mines, a subsidiary of the Anglo-American Platinum’s productions increased by 14 percent in the quarter ended 30 September 2020 compared to the comparable quarter in 2019.Shantel ChisangoChief Executive Officer (CEO) of...
Zimbabwe Mining Sector: Opportunities Galore
Zimbabwe’s hopes for a quick economic recovery and sustainable foreign exchange stability rest on the shoulders of its multibillion-dollar mining industry.By Francis Shingi Nhunzvi and Victor BhoromaBeyond the productivity bottlenecks of the past 2 years, mining...
$500 million funding for Great Dyke Investments (GDI)
Great Dyke Investments (GDI) has cleared an important hurdle to develop what would be Zimbabwe’s largest platinum mine.GDI, 50% owned by Russia’s Vi Holdings and Zimbabwean investors, said the African Export-Import Bank had completed a due...
South Africa’s power cuts weigh on miners’ investment decisions
Increasing disruptions to power supply from South Africa’s struggling utility Eskom could hit mining companies plans to invest, two top industry executives warned on Wednesday.“I think the impact of Eskom is far more pronounced than the impact of...
Zimplats’ capital expenditure dropped 9.3 percent to US$104 million
Platinum group metals (PGM) producer, Zimplats’ capital expenditure dropped 9.3 percent to US$104 million in the year to June 2020, compared to the same period last year, according to a preliminary report released by the group...
ASM to benefit from GDI training school
Great Dyke Investments is in the process of setting up a training school for Artisanal Small Scale Miners at the Darwendale Integrated Platinum Group Metals (PGM) Project.The school according to the officials will provide training to...
World’s highest grade rare earths producer expands into Zimbabwe
THE world's highest grade rare earths producer Rainbow Rare Earths (LON: RBW) has acquired ten mining claims in northern Zimbabwe as part of its mounting efforts to expand operations beyond Burundi, where it runs Gakara, Africa’s...
US$70m smelter: Mimosa chickens out
Zimbabwe’s second largest Platinum Group of Metals (PGM) producer, Mimosa Mining Company, has shelved plans to establish a US$70 million refinery plant at the Zvishavane complex for local beneficiation of the minerals after feasibility studies revealed...
Ten materials Zimbabwe is importing that are supposed to be made locally
Zimbabwe is richly endowed with 60 different economically exploitable mineral resources including gold, diamonds, platinum group of metals (PGM), Lithium and graphite among others.Beneficiation and value addition of minerals before export is one of the four...
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