Zimplats

  • 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 »
  • Business Briefs

    Implats to invest R4.3bn into Zimbabwe

    IMPALA Platinum, the third-largest source of SA platinum group metals (PGM), reported record interim results and an interim dividend as its cash holdings ballooned, positioning it for growth in Zimbabwe and SA to add 360,000oz of metals. This will add 14% of metal to the company’s annual output, which is a “significant” addition, said CEO Nico Muller. Implats is looking…

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