No point if Zimbabwe fails to show it has $500m/$1bn cash for 31% of Zimplats

There is no point in Implats going back to the Zimbabwe negotiating table if South Africa’s errant neighbour is unable to show that it has access to between $500-million to $1-billion in cash to pay for the 31% of Zimplats. While it has agreed...

Implats’ Zimbabwe compensation unlikely at market rate – Liberum

South Africa’s platinum major Implats, which has reached an enforced in-principle agreement on indigenising 51% of its Zimplats assets, is unlikely to be compensated by the Zimbabwean government at the market rate, mining analyst Liberum Capital...

Amplats hangs tough as safety stoppages lift costs

Dividend-lifting JSE-listed Anglo American Platinum (Amplats) was showing signs of hanging tough despite safety stoppages hitting operating costs. There were 81 safety stoppages, compared with 36 in 2010. Twelve employees were killed in the period.

Mimosa mine, Zimbabwe

An underground mine, situated in Zimbabwe.

Zimplats mine, Zimbabwe

An openpit and underground mine, situated in Zimbabwe.

Mimosa operation maintains steady-state production

Production at the Mimosa platinum mine, in Zimbabwe, remained flat and maintained a 100 000 oz/y out of platinum in concentrate , reports platinum miner Impala Platinum (Implats) in its quarterly report for July 1 to September 30, 2011.

Implats declines to comment on Mugabe criticism

Johannesburg (miningweekly.com) – Platinum major Impala Platinum (Implats) has declined to comment on Zimbabwe President Robert Mugabe’s criticism of its Zimplats subsidiary.JSE-listed Implats, the world’s second-largest platinum company,...

Indaba to focus on Zimbabwe’s business environment

The second annual Zimbabwe Mining Indaba will focus this year more on the business-operating environment in Zimbabwe, rather than the country’s political landscape, reports Indaba organiser Utho Capital.

Zimbabwe’s promising platinum future

Palladium and platinum supplies decreased in Russia and North America, while supplies of the metals climbed in Zimbabwe last year, states platinum refiner and specialist Johnson Matthey’s ‘Platinum 2010’ report.

Zim’s Mimosa mine mulling over further expansion

Phase 6 of Mimosa Mining Company’s expansion programme is on the cards, MD Winston Chitando tells Mining Weekly.

Exploration resurges after years of virtual standstill

Zimbabwe has in the past year witnessed a resurgence in exploration, which had virtually come to a standstill when a government of national unity was installed early last year.

Daily podcast – November 5, 2009

Exxaro is involved with coal-based development plans in the Waterberg coalfield; and Zimbabwe's federation of small-scale miners says the government should consider re-allocating chrome claims along the country's Great Dyke.