ZIMASCO
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Business Briefs
Tough period for Zimbabwe’s mining firms
MINING companies in Zimbabwe, including units of Impala Platinum and Anglo Platinum, are expecting no new external capitalisation as the industry battles power outages amid uncertainties with foreign currency. Zimbabwe holds the world’s second-largest reserves of platinum and chrome, while large deposits of lithium, diamond, coal and gold have attracted some investors. However, mining executives are expecting no new investment…
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Business Briefs
Zimbabwean mining firms expecting no new capital injection
MINING companies in Zimbabwe, including units of Impala Platinum and Anglo Platinum, are expecting no new external capitalisation as the industry battles power outages amid uncertainties with foreign currency. Zimbabwe holds the world’s second-largest reserves of platinum and chrome, while large deposits of lithium, diamond, coal and gold have attracted some investors. However, mining executives are expecting no new investment…
Read More » -
Companies
Ndiyamba appointed new Mimosa Platinum Mine General Manager
ENGINEER Stephen Ndiyamba has been appointed the new substantive general manager for Mimosa Platinum Mine following the sudden death of his predecessor Alex Mushonhiwa in 2020. His appointment is with effect from November 2020. Eng Ndiyamba studied Metallurgical Engineering at the University of Zimbabwe and completed the degree in 1989. He was on a Wankie Colliery scholarship. He then did…
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