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Aug 30, 2023 · Source: Zimplats revenue down 23% –Newsday Zimbabwe PLATINUM miner Zimplats Holdings Limited has reported a 23% decrease in revenue to US$962,3 million in the year ended June 30, 2023, owing to softer metal prices during the period. 2% interest rate and a six-year maturity period, with the borrowing cost surging to 12. Mar 5, 2021 · In early 2001, Zimplats announced the development of Ngezi into a 2. Repayment of the loan involves using 35% of Zimplats' export proceeds, overseen by the Reserve Bank of Zimbabwe (RBZ). REFERENCE NUMBER – PRJTS20230202 Mar 8, 2024 · Engineering News Online provides real time news reportage through originated written,video and audio material. In 2021, Zimplats was certified to the comprehensive ISO 45001 international standard for occupational health and safety management, reflecting its commitment to achieving the zero-harm target. 263 867 700 4612 Mon - Fri 08:00 - 17:00 P O Box 6380, Harare, Zimbabwe 263 867 700 4612 Mon - Fri 08:00 - 17:00 P O Box 6380, Harare, Zimbabwe Apr 5, 2016 · Zimplats denies any involvement with HR Consultancy or transactions outlined in the leaked documents. Sign Up for the Battery Metals Jun 15, 2023 · The Zimplats board and shareholders have approved the release of US$1,4bn of the $1,8bn earmarked for the projects. Its Ngezi operation is located on the Hartley Geological Complex on the Zimbabwean Great Dyke approximately 150 kilometres south-west of Harare. $100k for Piped Water, Classrooms and Clinic Projects THE Zimplats Mhondoro-Ngezi, Chegutu, Zvimba Community Share Ownership Trust (CSOT) has pumped US$100 000 this year alone into three rural development projects to transform marginalised communities. The Company operates mines in Ngezi and has processing plants in Selous and Ngezi. During the financial year under review, the group realised revenue amounting to US$1,35 billion compared to US$869 million in 2020 for metal sales to Impala, its parent firm. 6 million tonnes per annum in 2027. Under the deal superintended by the late former president Robert Mugabe and supervised by former indigenisation minister Saviour Zimbabwe Platinum Mines (Pvt) Limited (ZIMPLATS) is the largest platinum group metals producer in Zimbabwe. Zimbabwe. Company officials now have less than a month to appeal a takeover by Harare officials of 50% of their mining claims. Feb 2, 2023 · The country’s biggest platinum producer Zimplats has committed over US$4 million for exploration projects for the first quarter of 2023. In the comparative 2022 period, Zimplats had revenue of US$1,2 billion. S. 263 867 700 4612 Mon - Fri 08:00 - 17:00 P O Box 6380, Harare, Zimbabwe Oct 24, 2023 · Popular Searches zimplats holdings Ltd Zimplats Zimbabwe Platinum Mines SIC Code 10,109 NAICS Code 21,212 Ticker ASX: ZIM Show more Zimplats Org Chart Phone Email Dec 1, 2016 · Zimbabwe Platinum Mines gains approval for development of $264m Mupani Mine. 1 Million, this shows that the Company is determined to see mining growth and development in the country. The expanding production levels through growth projects, include the development of a new mine and increased processing capacity, which will boost nameplate capacity to 8. Jan 19, 2024 · The base metal refinery that is being refurbished separates minerals like nickel, chrome and copper from platinum metal groups, but Zimplats says outdated technology makes it too expensive to run. According the group’s half year results for the period ended 31 December 2021, the development and upgrade of Mupani Mine was on schedule with earthworks for the dome and load • Zimplats took over BHP Minerals International Exploration Inc’s share of Hartley Mine. 67 billion) into expansion projects and paid a dividend amounting to $205 million (~R3. 8bn kitty recently approved by the board to be invested over a 10-year period beginning in 2021. Zimplats had invested as much as $166. 8bn strategy include maintaining current production levels through mine replacements and upgrades (US$516m). 263 867 700 4612 Mon - Fri 08:00 - 17:00 P O Box 6380, Harare, Zimbabwe Mar 30, 2022 · Zimplats is also upgrading the Mupani mine, which is targeted to produce 2. 7m tonnes and in-country processing capacity to 380 000 Jun 16, 2023 · With the new investment, Zimplats will add 180,000 ounces to production per year. Top 10 Operating Mines in 16. 54 billion) for the half year ended in June. It is currently engaged in the production of platinum group and associated metals from the Great Dyke in the African country. The plant, being built by French company Voltalia, is expected to be completed in early 2022. Minerals and Location in . 8 billion (about R28 billion) capital shore-up to develop a new mine, expand existing production and processing capacity at existing ones, and to cater for power outages through a 185 MW solar power plant. Home; About Us. Steady power supply is one of the major concerns for miners in the country. 8 billion in spending at Zimplats Zimplats allocates nearly 47% of its spending to local suppliers, particularly in procurement. +263 242 886 878-85 Mon - Fri 08:00 - 17:00 P O Box 6380, Harare, Zimbabwe Zimbabwe Platinum Mines (Pvt) Limited (ZIMPLATS) is the largest platinum group metals producer in Zimbabwe. Zimplats operates four shallow Sep 3, 2022 · Impala Platinum owned Zimplats injected more than $270 million (~R4. Zimbabwe Consolidated Diamond Company (Pvt) Ltd Zimplats | 45,319 followers on LinkedIn. Zimbabwe covers an area of 390,757 square kilometres (150,872 square miles) and has a population of around 15 million +263 242 886 878-85 Mon - Fri 08:00 - 17:00 P O Box 6380, Harare, Zimbabwe 4 days ago · Zimplats Holdings Limited is a Guernsey-based platinum mining company engaged in producing platinum group metals (PGM) and associated metals, such as nickel, gold, copper, cobalt and silver mined from the Great Dyke in Zimbabwe. Prices are delayed Nov 13, 2023 · This implies the significant challenges mining companies are facing and Zimbabwe, is not in its own island. $100k for Piped Water, Classrooms and Clinic ProjectsTHE Zimplats Mhondoro-Ngezi, Chegutu, Zvimba Community Share Ownership Trust (CSOT) has pumped US$100 000 this year alone into three rural Dec 9, 2021 · The projects under the US$1. 8 billion investment include: The development of a new mine, Mupani, and the upgrade of the Bimha Mine. Oct 9, 2020 · For the full 2020 financial year, Zimplats lifted revenue by 38 percent year-on-year to $868,9 million, while production of platinum concentrate rose. “Zimbabwe Platinum Mines Private Limited has no relationship with the companies listed,” said Zimplats head of corporate affairs Busi Chindove. Apr 10, 2024 · Get Zimplats Holdings Ltd (ZIM. Jan 24, 2022 · Alex Mhembere has been at the helm of the Zimplats team as chief executive officer (CEO), since October 2007. The Hartley Geological complex is the largest of the PGM bearing complexes containing 80% of the known PGM resources in Zimbabwe. 28% below ZIM's 12-month high of $26. Apr 19, 2024 · Five individuals have been apprehended by the Zimbabwe Republic Police (ZRP) in Kadoma in connection with the theft of copper cables at Zimplats’ Mupfuti Mine in Mhondoro Ngezi. 00. It owns and operates Ngezi Underground Mines, Ngezi Concentrator and the Selous Metallurgical Complex (SMC). This constitutes a price movement of 1. • Zimplats established an open-pit mine at Ngezi (2. 3 days ago · The latest Zimplats Holdings Limited [ZIM] news, articles, data and analysis from The Australian Financial Review 263 867 700 4612 Mon - Fri 08:00 - 17:00 P O Box 6380, Harare, Zimbabwe Dec 8, 2021 · Zimplats, a member of the Implats Group, is focused on production of platinum group and associated metals from the Great Dyke in Zimbabwe. 8m tonnes per annum from 6. Caledonia Mining raised US$13 million to fund a 12MW solar plant at its Blanket Mine. Jun 30, 2024 · THE Zimplats Mhondoro-Ngezi, Chegutu, Zvimba Community Share Ownership Trust (CSOT) has pumped US$100 000 this year alone into three rural development projects to transform marginalised communities. Zimplats Vacancies 2023: In the heart of Zimbabwe’s dynamic mining industry lies an opportunity like no other – Zimplats, a leading platinum mining company, is offering a range of enticing vacancies that promise to shape the future of both individuals and the nation’s economy. 22. SMALL Jul 26, 2021 · Impala Platinum Holdings Zimbabwe unit Zimplats plans to build two solar power plants with generation capacity of 185 megawatts to power its operations, the country's energy regulator said on Monday. Zimplats operates underground mines and a concentrator at Ngezi in Zimbabwe, while its Mimosa Mine is jointly owned by Implats and Sibanye-Stillwater. 2Mtpa open pit operation producing 208,000oz/y of platinum-group metals, plus nickel, copper and cobalt. Find the latest Zimplats Holdings Limited (ZIM. NEWS. MINER, Zimplats Holdings Limited (Zimplats) lost nearly US$114 million in its Australian Stock Exchange (ASX) valuation, after failing to timely file the resignation […] Mar 5, 2024 · Zimplats Vacancies 2024 Check Nursing and Various Available Job Opportunity:- Are you looking for Zimplats Jobs Zimbabwe then this is a great opportunity for you. Zimplats last year embarked on a cattle ranching and dairy […] Feb 3, 2022 · Zimbabwe’s largest platinum miner, Zimplats has set aside US$521m for the construction of a 38MW furnace and an acid plant as it targets to double the smelting capacity. AX) real-time stock quotes, news, price and financial information from Reuters to inform your trading and investments 263 867 700 4612 Mon - Fri 08:00 - 17:00 P O Box 6380, Harare, Zimbabwe Dec 31, 2023 · 263 867 700 4612 Mon - Fri 08:00 - 17:00 P O Box 6380, Harare, Zimbabwe +263 772 News Alerts Subscription ASX query letter on qualified opinion and Zimplats 263 867 700 4612 Mon - Fri 08:00 - 17:00 P O Box 6380, Harare, Zimbabwe Nov 29, 2023 · Source: Zimplats hands over classroom blocks, ablution facilities -Newsday Zimbabwe PLATINUM group metals miners Zimplats has handed over two classroom blocks and ablution facilities to authorities at Turf Primary School in Mhondoro Ngezi district. This position will be part of the dynamic team based at SMC reporting to the Project Manager. . 2 million tonnes per annum on completion in 2025, ramping up to 3. The Hartley Geological complex is the largest of the PGM-bearing complexes containing 80% of the known PGM resources in Zimbabwe. Jul 26, 2021 · Impala Platinum Holdings Zimbabwe unit Zimplats plans to build two solar power plants with generation capacity of 185 megawatts to power its operations, the country's energy regulator said on Monday. The development of Mupani Mine, the replacement production source for Rukodzi and Ngwarati mines which will deplete in 2022 and 2025, respectively, is progressing well 263 867 700 4612 Mon - Fri 08:00 - 17:00 P O Box 6380, Harare, Zimbabwe Mar 1, 2024 · PLATINUM Group Metals (PGM) miner Zimplats Holdings has spent US$702,1 million during the half year ended December 31, 2023 towards major capital projects, including the development of Mupani Mine Jun 14, 2023 · In 2021, Zimplats announced US$1. They […] Jun 15, 2023 · Its subsidiary, Zimplats Holdings Ltd. 68 per share. Zimplats is 87% owned by Implats. However, Implats now has to delay some of the projects after falling prices cut group profits by 88% in the December half-year. 263 867 700 4612 Mon - Fri 08:00 - 17:00 P O Box 6380, Harare, Zimbabwe 263 867 700 4612 Mon - Fri 08:00 - 17:00 P O Box 6380, Harare, Zimbabwe +263 772 131 619-30 Mon News Alerts Subscription. Projects under the US$1. The remaining 13% is owned by independent shareholders. How young women can be incor-porated into small scale mining. Zimbabwe 2019. Jul 26, 2021 · Zimplats is one of many mining operations in Zimbabwe investing in renewables. In FY2017 Nov 2, 2023 · Source: Zimplats invests US$516m on capital projects -Newsday Zimbabwe PLATINUM miner Zimplats Holdings Limited spent US$516 million during the quarter to September this year on major capital projects, including the development of Mupani Mine and Bimha Mine upgrade. Zimplats is 87% owned by the South African firm Implats. May 6, 2024 · “Zimplats delivered a 7% increase in milled throughput to 2. 01 million tonnes, benefiting from pillar reclamation activities at Rukodzi Mine, a production volume ramp-up at Mupani Mine, and the deferral of a scheduled mill reline to Q4 FY2024. President Mnangagwa said as more investment continues to pour into the country’s mining sector, Zimbabwe was inching closer to the realisation of the Vision 2030 and NDS1 towards an upper middle-income economy. Ore from Ngezi is treated in the Selous Metallurgical Complex at Selous, thus reviving at least part of the original project, although the refinery section remains on care 263 867 700 4612 Mon - Fri 08:00 - 17:00 P O Box 6380, Harare, Zimbabwe +263 772 131 619 News Alerts Subscription. 30. Zimplats chairman Sydney Mufamadi (who was a South African government minister from 1994 to 2008) in late October was quite upbeat and wrote in the Zimplats annual report that the future of the company remained bright despite the challenging environment. MINERAL FOCUS. 263 867 700 4612 Mon - Fri 08:00 - 17:00 P O Box 6380, Harare, Zimbabwe Feb 29, 2024 · Exploring Exciting Career Opportunities: Zimplats Vacancies 2023 in Zimbabwe. 8 billion expansion plan, the single largest investment commitment into Zimbabwe in years. . FEATURE ARTICLE: Top ten Operating mines in Zimbabwe 2019 (full story on page 16) 20. According to Police Spokesperson Assistant Commissioner Paul Nyathi, the arrests were made following intelligence received regarding the stolen copper cables. REFERENCE NUMBER – PRJTS20230107 Jul 19, 2024 · Zimplats Holdings Limited is a Guernsey-based platinum mining company engaged in producing platinum group metals (PGM) and associated metals, such as nickel, gold, copper, cobalt and silver mined from the Great Dyke in Zimbabwe. It currently operates four underground mines and a concentrator at Ngezi, while the Selous Metallurgical Complex, 77 km north of the underground operations, comprises a concentrator and a smelter. Zimbabwe Platinum Mines (Pvt) Limited (ZIMPLATS) is the largest platinum group metals producer in Zimbabwe. Home; Zimplats Holdings Limited Integrated Zimplats is 87% owned by Implats. Jun 15, 2023 · Impala Platinum Holding’s Zimbabwe unit is considering expanding into other metals, including lithium. Zimplats’ BMR is designed to process an equivalent 5 200 tonnes of nickel and associated base metals contained in converter matte. Zimplats Holdings, commissioned a key piece of processing equipment Wednesday as part Jun 3, 2024 · According to Impala Platinum (Implats), which owns Zimplats, Zimbabwe’s largest PGM producer will also delay other projects in the country, including the 185MW solar plant, due to softening commodity prices which has seen some workers losing their jobs. +263 242 886 878-85 Mon - Fri 08:00 - 17:00 P O Box 6380, Harare, Zimbabwe Dec 7, 2021 · The Zimbabwe-focused mining company said that $1. This position will be part of the dynamic team reporting to the Projects Accountant. The facilities were constructed at a cost of US$380 000 as part of Zimplats’ efforts to decongest the elementary school. Mar 14, 2013 · The Zimbabwe division of South Africa’s Impala Platinum, Zimplats, is under pressure following a nationalization deal brokered with the government in January. Impala Platinum Holdings has given approval for Zimplats’ subsidiary Zimbabwe Platinum Mines (Private) Limited to proceed with development of the $264m Mupani Mine (Portal 6). Zimbabwe Platinum Mines (Private) Limited is a majority owned operating subsidiary of Zimplats Holdings Limited. 1m on capital projects including mine expansion in the 12 months to June 30, 2021. Meanwhile, Chinese miner Zhejiang Huayou Cobalt is set to invest $300m in its lithium mine. 45% when compared to the share price 7 days ago and is -36. 8 billion to develop new mining areas and increase processing, the largest investment by a single company into Zimbabwe in recent years. 4 on exploration projects during the period ending 31 December 2022 it had committed to spending US$1. What needs to be done to improve ASM in Zimbabwe. Similar News:You can also read news stories similar to this one that we have collected from other news sources. 04. 8bn over the next 10 years, following negotiations with government. Jan 5, 2022 · Zimbabwe biggest miner, Zimplats last month as part of their Corporate Social Responsibility (CSR) donated mealie meal and sugar beans to 10 charity organisations that care for orphans, the elderly and people with disability. It shares borders with South Africa to the south, Botswana to the west and southwest, Zambia to the northwest, and Mozambique to the east and northeast. Zimplats started to develop Get the latest Zimplats Holdings Ltd (ZIM) real-time quote, historical performance, charts, and other financial information to help you make more informed trading and investment decisions. INSIDE MINING ZIMBABWE. Zimplats offers a variety of job opportunities, and in this article, we will provide information on what types of jobs Zimplats offers, what requirements candidates must meet, and how to submit the Zimplats applicat Jun 12, 2024 · Zimplats’ board and management remain dedicated to ensuring a safe working environment for all employees and contractors. • Development of Mupani mine (replacement mine for Rukodzi in FY2022 and Ngwarati in FY2025) ahead of schedule. 263 867 700 4612 Mon - Fri 08:00 - 17:00 P O Box 6380, Harare, Zimbabwe Aug 26, 2021 · President Mnangagwa will today launch a US$15 million cattle ranching project in Mhondoro that is part of the country's efforts to boost the national herd as part of the Livestock Growth Plan Nov 6, 2023 · MINING companies in Zimbabwe have spent over US$1,5 billion on capital projects and exploration activities in the past three years, a survey report by the Chamber of Mines of Zimbabwe (CoMZ) shows. In its latest quarterly report, Zimplats stated that most of its projects for the period under review […] Oct 31, 2022 · Zimplats said the 8% decrease in 6E ounces produced and the 2% increase in costs of production resulted in 6E unit costs increasing by 10% to US$801 per ounce. Dec 22, 2023 · Moses Matenga CHEGUTU- Traditional leaders, whose communities were meant to benefit from the Zimplats Chegutu-Mhondoro-Ngezi-Zvimba community share ownership scheme, have expressed concern over the 12-year delay by the platinum giant to cede 10% shareholding. Apr 4, 2022 · ZIMBABWE’S largest platinum producer, Zimplats, has spent US$166,9 million on the development and upgrade of Mupani Mine against an approved project budget of US$388 million. Feb 18, 2018 · ZIMBABWE’S largest platinum mining company, Zimplats, is building a $131 million base metal refinery at its Selous base, a senior official said Friday. Feb 23, 2024 · Source: Zimplats loses US$114m following Mtasa resignation debacle –Newsday Zimbabwe Chipo Mtasa, resigned from the Zimplats board on January 8, 2024, and an announcement was made by the miner on January 25. 2Mtpa) with investment from Implats and resuscitated SMC concentrator and smelter. Zimplats Holdings Limited is a subsidiary (87% shareholding) of Impala Platinum Holdings Limited (Implats). Sales to Impala are governed by a contract, which Oct 13, 2022 · Source: Zimplats dairy project starts bearing fruit –Newsday Zimbabwe THE US$15 million joint venture scheme between Zimplats and Remoggo has started bearing fruit, with the dairy project closing the milk deficit gap in the country through production of 400 000 litres of milk per annum. Sep 2, 2021 · Zimbabwe’s largest platinum miner, Zimplats has spent US$159. Nov 8, 2021 · Nelson Gahadza Business Reporter PLATINUM giant Zimplats Holdings says mined tonnage grew by one percent to 1,8 million tonnes during the quarter to 31 September 2021, compared to the prior quarter spurred by recommencing of operations at Ngwarati Mine. The weaker metal price is owing to […] Zimplats Holdings Ltd is the leading mining company in Zimbabwe, Africa. Mar 19, 2024 · Employees at Zimplats – Zimbabwe’s biggest producer of PGMs – are being offered a minimum of three months’ pay and must submit their application forms by March 22, according to the circular. AX) stock quote, history, news and other vital information to help you with your stock trading and investing. It is involved in the mining and production of platinum group metals (primarily platinum, palladium, rhodium, iridium Mar 8, 2024 · It had been further alleged that Glenrise was owned by Zimplats management. Mar 1, 2024 · In 2021, Zimplats announced a US$1. Year-on-year unit costs increased by 18%, mainly due to the inflationary increase in operating cash costs and a 3% decrease in 6E ounces produced. , commissioned a key piece of processing equipment Wednesday as part of a $1. Jun 2, 2023 · 263 867 700 4612 Mon - Fri 08:00 - 17:00 P O Box 6380, Harare, Zimbabwe Zimbabwe: Zimplats Share Trust Sinks U. 9 million on the project as at the end of December from an approved project budget of $388 million. 2% if a default occurs. Zimplats is recruiting recently qualified and highly motivated Graduates for a two (2) year structured 263 867 700 4612 Mon - Fri 08:00 - 17:00 P O Box 6380, Harare, Zimbabwe +263 772 131 619-30 Mon News Alerts Subscription. But in a letter to the Zimbabwe Independent, Zimplats’ head of corporate affairs, Busi Chindove, said these Latest news on Zimbabwe, a landlocked country located in southern Africa. While the company spent US$1. We are Zimplats 263 867 700 4612 Mon - Fri 08:00 - 17:00 P O Box 6380, Harare, Zimbabwe Dec 6, 2021 · Zimplats, the Zimbabwean unit of Impala Platinum, has announced a new $1. In 2022, Zimplats produced 583,000 ounces. Each week,an average of 240 899-page impressions are generated by over 64 719 online Sep 8, 2021 · ZIMBABWE’S biggest platinum miner, Zimplats, has declared US$85 million dividend for the financial year ended June 30, 2021. The investment is part of the miner’s US$1. Dec 4, 2022 · ZIMBABWE Platinum Mines (Zimplats) has lost out in a court application it was seeking to be allowed to pay taxes in both the USD and local currencies after the High Court ruled this was unlawful. Jul 11, 2024 · What is the current share price of Zimplats Holdings Limited (ZIM)? Zimplats Holdings Limited's (ZIM) current share price is $17. Member of the Implats Group View all updates, news, and articles Platinum giant Zimplats will invest $1. 2bn of the planned investment has already been approved for implementation. So far, Zimplats has spent US$295 million out of a budget of US$468 million for this. In response to weakening global metal prices, Implats has cut US$1. Zimplats is the leading mining company in Zimbabwe specializing in platinum group metals such as platinum, palladium, rhodium, iridium, ruthenium & osmium. Dec 16, 2019 · Zimplats owns an 87% stake in Zimbabwean company Zimplats. Apr 26, 2022 · Platinum miner Zimplats Holdings has widened its social responsibility footprint and donated a state of the art dairy parlor project worth over US$500 000 to the Gwebi College of Agriculture, in line with its drive to help in the building of sustainable communities through giving back. Zimplats said it has completed redeveloping Bimha Mine. Rudairo Mapuranga. Zimplats is in the business of producing platinum group and associated metals and is a subsidiary of one of the world’s leading producers of platinum group metals (‘PGMs’), the South African-based Impala Platinum Holdings Limited (Implats). Dec 5, 2023 · The funding agreement comes with a 10. Zimbabwe: Zimplats Share Trust Sinks U. 8 billion expansion program announced in 2021. Jul 8, 2024 · South Africa Latest News, South Africa Headlines. ba wi bn xa mv nx nu yu ww hq