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Search results: platinum group metal (PGM)
Unki’s tax contribution decreases by over 15%
The country's third-biggest platinum group metal (PGM) producer, Unki Mine's tax contribution decreased by approximately 15.5 per cent in 2023 compared to 2022, according to the Anglo American Platinum Tax and Contribution Report 2023.By Rudairo MapurangaThe...
Zimplats Invests US$1.3 Billion
The country's largest Platinum Group Metal (PGM) producer, Zimplats, has used US$1.3 billion of its US$1.8 billion budgeted expansion program launched in 2020 and now focuses on reducing operating costs while improving production.by Rudairo MapurangaPGM metal...
Mimosa to Use Zimplats’ Refinery
Mimosa Mining Company has entered into an agreement with the country's largest platinum group metal (PGM) producer, Zimplats, to use the latter's Base Metal Refinery (BMR) to ensure the country maximizes benefits from PGMs.by Rudairo MapurangaAccording...
Falling PGM prices puts Thousands of Jobs on the line
The global platinum mining industry is facing significant challenges amidst a period of declining prices, leading to widespread job losses across various critical roles within mining operations.The effects of these job losses extend beyond the individuals...
Zimplats elaborates on voluntary severence initiative
In response to a downturn in commodity prices, Zimplats, the country's largest platinum group metal (PGM) producer, has initiated voluntary retrenchment measures to minimize the impact of spending cuts on its growth strategy, including the US$1.8...
Major Setback as ZIMPLATS Delays Refinery refurbishment
Zimbabwe's hopes for the establishment of a Platinum Group Metal (PGM) beneficiation plant may be in jeopardy, with the country's largest PGM producer postponing the refurbishment of the Selous Base Metal Refinery (BMR).Rudairo MapurangaAccording to Impala...
Despite an increase in production, Zimplats’ earnings decreased by 105%
Despite posting a 9% increase in 6E production and boosting sales by 10% to 320,196 ounces in the six months to December 2023, softening metal prices have dragged the country's biggest platinum group metal (PGM) producer...
Zimplats’ Mopani to host AMMZ’s Q1 technical visit
Zimplats, the country's largest platinum group metal (PGM) producer, is set to host the Association of Mine Managers of Zimbabwe (AMMZ)'s Q1 technical visit on the 23rd of February, 2024 at its Mupani Mine in Ngezi,...
Chipo Mtasa resigns from Zimplats board
The country's biggest platinum group metal (PGM) producer Zimplats, has announced that Mrs Chipo Mtasa has resigned as a non-executive director of the Company with effect from 8 January 2024.Rudairo MapurangaAccording to Zimplats Mrs Mtasa served...
Zimplats officially hands over a modern pre and post-natal care facility
The country's biggest platinum group metal (PGM) producer, ZIMPLATS, has officially handed over a pre and post-natal care facility worth over US$230 000 to Gweshe Clinic in Mhondoro Ngezi in an endeavour to make life easy...
Mimosa AISC increases by 10%, production up 1%
The country's second biggest platinum group metal (PGM) producer Mimosa Mining Company's 4E all-in sustaining cost (AISC) increased by 10 per cent during the quarter that ended 30 September 2023 compared to the same quarter of...
Zimplats commits over US$362 million on major projects for Q4
The country's biggest platinum group metal (PGM) producer Zimplats has committed a total of US$362.1 million on major projects as at 30 September 2023 as the group is geared to upgrade its operations.Rudairo MapurangaAccording to Zimplats...
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