Zimplats

Zimplats, which is majority controlled by Impala Platinum, has said it has agreed to cede a contentious piece of land that it has for years suffered to retain, after government had sought to take it over.
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Takura Zhangazha - In Zimbabwe we know that big business portrays itself as obeying the law. But we also know that there is a culture of collusion and exchanges of patronage between state actors and those that are large in the private…
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By Ndakaziva Majaka Zimbabwe's largest platinum producer, Zimplats, says it is in discussions with government over an impending compulsory acquisition of 28 000 hectares of its land by the State. The Alex Mhembere-led platinum mining…
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The High Court has thrown out a US$4 million claim against the Zimbabwe Platinum Mines (Zimplats) by Doves Funeral Assurance (Private) Limited, after the mining giant cancelled a tender for funeral cover in 2013. After notifying…
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One of Zimbabwe’s leading agricultural concerns, Ariston, says it is planning to give its employees a 20 percent ownership stake in the company. Ariston’s company secretary Rufaro Chinamo yesterday said the agriculture-focused firm…
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Zimbabwe's largest platinum producer, Zimplats, has recorded a $16,1 million profit in the half year to December 2016 compared to a loss of $0,6 million registered in the previous corresponding period. The group’s chief executive,…
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Despite government’s intention of compulsorily acquiring 22 000 hectares (ha) of land claims from ferrochrome producer, Zimbabwe Alloys (ZimAlloys), the former Anglo American subsidiary is scouting for a new investor. In a notice…
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Australia Stock Exchange-listed platinum miner, Zimplats, yesterday said it has finally been paid the $34 million debt it was owed by the central bank.
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By Nqobile Dludla | Reuters | South Africa's Impala Platinum Holdings Ltd (Implats) and Zimplats' board have approved the development of the $264 million Mupani Mine, which will increase the Zimbabwe unit's mineral reserves, the company…
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By John Kachembere Zimbabwe's cash-strapped government has moved a step closer to compulsorily acquire 28 000 hectares of mining land in Kadoma held by Zimplats, in a development that is likely to put the country on a collision course…
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