Zimplats Holdings - The Southern Eye

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NEWS & CURRENT AFFAIRS

Topic : Zimplats Holdings

Zimplats spends US$35m in capex

The difference between the two periods is at least US$35 million, as in quarter ended December 31 2024 had no capex into Bimha Mine.

By Business Reporter Feb. 3, 2025

Zimplats takes massive 96% hit to profit after tax in FY24

During the period under review, global commodity prices declined owing to geopolitics and a slowdown in China’s economy.

By Tatira Zwinoira Aug. 26, 2024

Zimplats takes massive 96% hit to profit after tax in FY24

Zimplats records 4% decrease in costs

For the period under review, total operating cash costs totalled US$127 339 000, down from US$133 134 000 recorded in the comparable quarter last year.

By Tatira Zwinoira Aug. 12, 2024

Zimplats nominates new external auditor

A resolution proposing the appointment of Axcentium as Zimplats’ external auditor will be put before shareholders at the company’s 2024 annual general meeting.

By Business Reporter May. 10, 2024

Zimplats spends US$789 million on projects

6E metal in final product improved by 12% year-on-year and was 1% higher than the prior quarter.

By Mthandazo Nyoni May. 2, 2024

Zimplats spends US$789 million on projects

Zimplats retrenches, as poor metal prices bite

The measures included capital expenditure curtailment, cost reduction, cash conservation initiatives as well as staff rationalisation.

By Mthandazo Nyoni Mar. 20, 2024

Zimplats retrenches, as poor metal prices bite

Zimplats spends US$702m on capital projects

In its half year report for the period ended December 31, 2023, the platinum miner said the Mupani and Bimha mine projects progressed as planned.

By Tafadzwa Mhlanga Mar. 1, 2024

Zimplats spends US$702m on capital projects

Zimplats loses US$114m following Mtasa resignation debacle

Mtasa was the long-time head of the State-owned entity, TelOne.

By Tatira Zwinoira Feb. 23, 2024

Zimplats loses US$114m following Mtasa resignation debacle

Zimplats invests US$516m on capital projects

Transfers from closing stocks to operating costs amounted to US$0,9m during the period, a decrease of 67% in line with inventory movement in the value chain.

By Belinda Chiroodza Nov. 2, 2023