Browsing tag
By Ndakaziva Majaka HARARE – Impala Platinum Holdings Limited (Implats)’s Zimbabwean unit, Zimplats, says it is in discussions with government after it asked the platinum miner to cede 28 000 hectares within its special mining lease area. In a statement accompanying the platinum miner’s financials for the quarter ended December 31, 2015, Zimplats said government […]
HARARE – Zimbabwe’s largest platinum producer, Zimplats, could lose up to $100 million following the closure of its Bimha Mine.
HARARE – Impala Platinum Holdings Limited (Implats)’s Zimbabwean unit Zimplats says government has not yet responded to its objection to the compulsory acquisition of its 28 000 hectares of land. The grabbed land represents nearly half of the miner’s claims.
HARARE – Impala Platinum Holdings (Implats)’ Zimbabwean subsidiary Zimplats reported a $36,1 million profit in the quarter to March 2014, up 76 percent from $20,5 million realised in prior period.
HARARE – Indigenisation Minister Saviour Kasukuwere says he will continue pushing for the closure of foreign firms that fail to cede majority shareholding to locals, despite fierce resistance from some of his political allies.