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Search results: Mimosa

Mimosa builds VTC and Hospital in Zvishavane

PLATINUM producer, Mimosa Mining Company constructed and equipped Zvishavane Vocational Training Centre girls’ hostel and the Zvishavane District Hospital Private Ward that were officially opened by the President of Zimbabwe Emmerson Dambudzo Mnangagwa in Zvishavane yesterday. Precious...

Mimosa general manager dies

Mimosa General manager Alex Dzimbanhete Mushonhiwa has died. In a statement, the Midlands-based platinum miner, Mimosa, announced the untimely death of Mushonhiwa.The 55-year-old Mushonhiwa passed away after a short illness.In a statement the Platinum miner said:"It...

Mimosa ramps production capacity

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...

Fatality at Mimosa

Platinum Miner Mimosa reported an accidental death at its Mine in Zvishavane. The accident reportedly occurred on the 24th where a 41-year-old male passed away.See press statement below:

Mimosa explores areas to invest

ZVISHAVANE-based platinum miner, Mimosa Mining is exploring more areas to invest in, as part of its corporate social responsibility programmes, an official has said.Speaking during a media tour at the mine recently, Mimosa head of corporate...

Mimosa in talks to buy rival Amplats land

IMPALA Platinum Holdings Limited is in talks to buy land in Zimbabwe from rival Anglo-American Platinum Limited as the world’s second-biggest producer of the precious metal seeks to boost output from the southern African country, according...

Mimosa engages RBZ on forex retention

Mimosa Mining Company (Mimosa) is engaging the central bank and ministry of mines for a more favourable foreign currency retention regime, managing director Fungai Makoni has said.With foreign currency shortages crippling the economy, the government resolved...

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...

Mimosa employees and management defraud the miner of over USD700000

Mimosa Mine might have lost millions of USD for the last 7 years through management and employees who were forging allowance forms, however, investigations by the company have only revealed that USD 709 000 was lost...

CBZ Secures USD 50M Credit Line to Boost Mining Sector Supply Chain

Cape Town, South Africa — CBZ Bank Ltd has signed a USD 50 million Trade and Working Capital line of credit with the African Export-Import Bank (Afreximbank) to support export-oriented businesses across Africa. The agreement, signed...

Mining Companies Must Emulate PGM Miners in Supply Chain Development

In Zimbabwe’s mining sector, there is a crucial opportunity for companies to reduce their reliance on imported goods by strengthening the local supply chain. While Zimbabwe excels in extracting valuable resources such as gold, platinum, chrome,...

Will Rising Challenges and New Tax Burdens Affect the Projected 140% Investment Surge in 2025?

The Zimbabwe mining sector is set to experience a remarkable 140% surge in capital investments in 2025, with projected spending expected to reach US$495.94 million, up from US$206 million in 2024. This sharp increase is largely...

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