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Search results: Platinum Group Metals (PGM)

Zero-Upfront Solar Systems Emerge as Alternative for Power-Hit Mines

As Zimbabwe’s mining sector continues to battle electricity shortages, rising costs, and operational disruptions, a new energy model is quietly gaining ground — one that could reshape how mines access power. A Build-Operate-Transfer (BOT) solar solution,...

Caledonia Raises More Capital on VFEX Than NYSE

In a striking development that speaks volumes about Zimbabwe's evolving financial landscape, Caledonia Mining Corporation Plc has revealed that it has raised more equity capital on the Victoria Falls Stock Exchange (VFEX) than on the prestigious...

Zimplats’ Rukodzi Mine Set to Close Following Successful Pillar Reclamation Project

The country's leading platinum group metals (PGM) producer, Zimplats, is preparing to close operations at its Rukodzi Mine in June 2025, marking the end of a pivotal chapter in the history of one of its oldest...

Caledonia Boosts Local Enterprise Growth by Strengthening Homegrown Supply Chains

Across Zimbabwe’s mining sector, companies are increasingly recognising the strategic value of developing local enterprises and strengthening domestic supply chains. By Ryan Chigoche Notably, Platinum Group Metals (PGM) miners such as Zimplats and Mimosa have long championed Local...

Unreliable Power Forces Miners to Pay More Taxes Due to Lack of Beneficiation

The Deputy Minister of Finance and Investment Promotion, David Mnangagwa, has warned that continued power supply challenges are directly undermining the country’s beneficiation goals, and as a result, miners are being forced to pay more in...

Anglo to Relinquish Control of Unki as Valterra Goes Independent

Unki Mine will next week officially become part of a fully independent entity, as Anglo American Plc prepares to relinquish control of its platinum business, marking a significant shift in southern Africa’s platinum group metals (PGM)...

Karo Moves Toward New Bond Listing as Investor Interest Grows

Zimbabwe’s emerging platinum group metals (PGM) development project, Karo Platinum, is preparing to issue a new bond on the Victoria Falls Stock Exchange (VFEX) as it pushes ahead with the next phase of project development, Mining...

PGM Sector Grapples with 77% Effective Tax, Power Woes, and Currency Losses — Kwesu

Zimbabwe’s Platinum Group Metals (PGM) sector, a major foreign currency earner second only to gold, is reeling from a combination of suppressed global prices, power supply fragility, and a punishing effective tax burden now estimated at...

All Set for 2025 COMZ Annual Mining Conference and Exhibition

All preparations are complete for the 2025 Chamber of Mines of Zimbabwe’s (COMZ) Annual Mining Conference and Exhibition, scheduled to take place from May 21 to 24, 2025, at the Elephant Hills Resort in Victoria Falls. By...

Zimplats Records 6 Lost-Time Injuries, Reaffirms Zero Harm Commitment

Zimbabwe’s largest platinum group metals (PGM) producer, Zimplats, recorded six lost-time injuries (LTIs) during the quarter ended 31 March 2025—a setback following five LTIs reported in the previous quarter, Mining Zimbabwe can report. By Rudairo Mapuranga Despite the...

Unki’s Production Drops 15% Amid Lower Grades and Maintenance Shutdown

Unki Mine, Zimbabwe’s third-largest platinum group metals (PGM) producer, recorded a 15% drop in production in the first quarter of 2025, delivering 53,600 ounces, Mining Zimbabwe can report. By Rudairo Mapuranga The decrease, according to Anglo American Platinum’s...

Mimosa Sees 5% Increase in 4E PGM Production for 2024

Zimbabwe’s second-biggest platinum group metals (PGM) producer, Mimosa, recorded a 5% year-on-year increase in its attributable 4E PGM production for the six months ending December 31, 2024, Mining Zimbabwe can report. By Rudairo Mapuranga The rise, which brought...

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