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Zimbabwe Platinum output declines

Zimbabwe Platinum output declines

Platinum

Zimbabwe’s first quarter platinum output declined marginally from 120 000 ounces in the previous quarter to 110 000 ounces, according to the latest World Platinum Investment Council (WPIC) Platinum Quarterly.

The numbers show that Zimbabwe was the only country to record a decline in the period under review.

Zimbabwe, home to the world’s second largest known deposits of platinum after South Africa, has three producing mines namely Zimplats, Mimosa and Unki, which are all head-quartered in South Africa.

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Edmond Mkaratigwa

Other top countries that produce platinum include South Africa, North America, and Russia.

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