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 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
Mimosa suspends US$134m North Hill project
It employs over 3 500 people, both permanent and contractors.
By Mthandazo Nyoni
Jun. 10, 2024
Zim mines hit crisis point... tougher actions struggle to stem effects of tapering prices
Platinum miners, Zimplats and Mimosa are some of the mining companies that have retrenched staff to remain viable.
By Mthandazo Nyoni
May. 31, 2024
CoMZ to hosts PGMs indaba
Critical issues that are going to be discussed during the critical minerals symposium session are policy and market matters, among other issues.
By Mthandazo Nyoni
May. 23, 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
‘Shifting market conditions constraining PGMs output’
Russia is a major producer of platinum group metals (PGMs). The unfolding crisis has resulted in production and supply chain disruptions impacting negatively on the global supply of PGMs.
By Tinashe Kairiza
Mar. 22, 2024
Zimplats shields US$1,8b expansion plan
The company on Tuesday initiated a voluntary layoff exercise for all employees to keep the company afloat in the low-price metal market.
By Mthandazo Nyoni
Mar. 21, 2024
