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Zimbabwe’s Platinum Industry Poised for Expansion Despite Weak Price Recovery
Zimbabwe's platinum industry is set for growth in 2025, with production expected to rise despite a sluggish recovery in global metal prices, Mining Zimbabwe can report.
By Ryan Chigoche
According to the Chamber of Mines, platinum output is...
Is Platinum on Its Way Out? What It Means for Zimbabwe’s Mining Future
As global platinum prices continue to fluctuate, Zimbabwe's mining industry—historically anchored by its three major platinum producers: Zimplats, Mimosa, and Unki—finds itself at a critical crossroads.
By Rudairo Mapuranga
These mines have been the backbone of Zimbabwe’s $5...
Platinum Investment Gains Momentum Amid Structural Deficits and Rising Demand
Investor interest in platinum is surging due to a persistent supply deficit, rising demand, and a widening price gap with gold, making it an increasingly attractive asset.
By Ryan Chigoche
With gold prices soaring recently, this disparity has...
Anglo American Platinum, Hosts Capital Markets Day
Anglo American Platinum (Amplats), the parent company of Zimbabwe's third-largest platinum group metals (PGMs) producer, Unki Mine, hosted its Capital Markets Day yesterday, reaffirming the company's strategic priorities and value-creation pathways.
By Rudairo Mapuranga
The event, held in...
Unki Mine’s Parent Company Amplats Proposes Name Change to Valterra Platinum
Zimbabwe's third-largest platinum group metals (PGM) producer, Unki Mine's parent company, Anglo American Platinum (Amplats), has proposed a name change to Valterra Platinum as part of its plans to spin off into a standalone unit, Mining...
Platinum Market Set for Third Consecutive Year of Structural Deficit in 2025, WPIC Reports
The global platinum market is set to experience a structural deficit for the third consecutive year, with a projected shortfall of 848,000 ounces (koz) in 2025, following a deficit of 995,000 koz in 2024. This is...
Zimbabwean Platinum Production Declines 9% in 2024
Zimbabwe’s platinum production declined by 9% year-on-year to 121,000 ounces (koz), primarily due to reduced output at Zimplats, the country’s leading platinum group metals (PGM) producer, according to a recent report from the World Platinum Investment...
Anglo American Platinum Forecasts Sharp Earnings Decline for FY2024
Anglo American Platinum, one of the world’s largest producers of platinum group metals (PGMs), is bracing for a significant earnings decline for the year ended 31 December 2024.By Ryan ChigocheThe company attributes this downturn to falling...
Platinum Deficit Narrows in 2024, but Market Outlook Remains Tight: WPIC
The World Platinum Investment Council (WPIC) has revised its platinum market forecast for 2024, projecting a deficit of 682,000 ounces (koz), a decrease of 347 koz from earlier estimates.By Ryan ChigocheThis updated deficit, representing about 9%...
Govt to continue with 5% Tax on Unrefined Platinum Exports in 2025
In a setback for Platinum Group Metals (PGM) miners, the Zimbabwean government has announced that it will move forward with the implementation of a 5% tax on unrefined platinum exports starting in January 2025, despite the...
Tharisa Advances Karo Platinum Project Despite Funding Challenges, Remains Bullish on PGM Outlook
Johannesburg Stock Exchange-listed mining company Tharisa plc continues to advance its Karo Platinum project despite ongoing funding challenges and volatile platinum group metals (PGMs) prices, Mining Zimbabwe can report.By Rudairo MapurangaThe company remains optimistic about the...
Demand Outstrips Supply: Platinum Market Faces Second Year of Deficit Amid Strong Demand and Supply Challenges
In 2024, the platinum market is experiencing a significant deficit for the second consecutive year, according to the World Platinum Investment Council. This situation is primarily driven by robust demand and ongoing supply challenges. Despite these...




