Tag: zimasco
The country’s biggest Platinum Group Metal (PGM) producer, Zimplats, has reported a staggering 96% decline in profits for the fiscal year ending September 30, 2024, Mining Zimbabwe can confirm.By Rudairo MapurangaThe company's profit after tax plummeted...
Kuvimba Mining House (KMH) board chairman Mr Justin Mupamhanga has passed away.In a statement, KMH announced the sad news describing Mupamhanga as a visionary leader, an advocate for excellence and a guiding light to the Conglomerate.More...
ZIMASCO suspends 2 furnaces due to high costs
Outokumpu, the integrated Finnish stainless steel producer, and Zimasco, the Chinese-owned ferrochrome producer in Zimbabwe, have announced suspensions of ferrochrome furnaces at their flagship...
ZIMASCO West plant resumes operations, creating 200 jobs
Midlands-based ferrochrome producer, Zimasco, has resumed operations at its West Plant, creating about 200 job opportunities. Vongai Mbara Zimasco is however currently operating at a lower scale after...
Zimasco set to resume operations
THE country’s biggest ferrochrome producer, Zimasco is set to resume production after the company had temporarily halted production in April this year.Zimasco General Manager...
Tenants baffled by five-fold increase in Zimasco rentals
Ferrochrome producer Zimasco has hiked rentals for its properties in Shurugwi more than five-fold and is threatening to evict those who do not pay.Zimasco...
Zimasco throws lifeline to Kwekwe General Hospital
Zimbabwe's biggest ferrochrome producer, Zimasco has thrown a lifeline to struggling Kwekwe General Hospital after it donated an assortment of medical equipment today.The US$110...
ZIMASCO shuts down its Kwekwe plant
Portnex has shut down its Zimasco Ferrochrome plant in Kwekwe after prices of the alloy fell to four-year lows on weak demand caused by...
MMCZ in chrome investment pitch
THE Minerals Marketing Corporation of Zimbabwe (MMCZ) has assured international stakeholders that demand for chrome ore, ferrochrome and other chrome related products remains very...
Top Ten operating mines in Zimbabwe 2018
For the past decade, the country’s mining sector has been facing a myriad of challenges ranging from fluctuating
global mineral prices, subdued working capital and...
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