Zimplats Holdings

Zimbabwe's platinum mining giant, Zimplats Holdings Ltd, is facing a double whammy of a declining global market for platinum and a deteriorating economic situation in Zimbabwe, forcing them to begin voluntary retrenchments today.
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The company in February this year reported a fatal injury when a high wall collapsed at its Ngwarati Mine boxcut, which resulted in loss of production time.
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Zimplats Holdings Limited’s six elements (6E) production for the quarter to December 31, 2019 totalled 115 908 ounces, which was 18 percent below the same period last year.
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Zimplats Holdings, producer of platinum group metals (PGMs), says it spent US$115 million on capital projects including mine equipment replacement and expansion projects in the 2018 financial year.
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Zimbabwe’s largest platinum group metals (PGMs) producer, Zimplats Holdings, says it is interrogating the feasibility of constructing a 160 megawatts solar power plant to guarantee uninterrupted and affordable power supplies to the group’s…
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Zimbabwe’s largest platinum producer, Zimplats, says it has invested over US$2 billion towards developing a world class platinum group metals (PGMs) operation on the country’s Great Dyke mineral belt.
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Zimbabwe’s largest platinum producer Zimplats Holdings Limited’s revenue for the quarter ended December 30, 2017 jumped 80 percent to $184 million from the previous quarter on the back of sale of concentrates accumulated from the previous…
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