Trapped Zimbabwe miners accounted for, no injuries

All of around 60 miners trapped underground after an accident and fire at Zimbabwe's Mimosa platinum mine are accounted for and are being bring brought to the surface, the company said on Tuesday. "A number of employees who were accommodated in...

Zimbabwe partially rejects Mimosa indigenisation plan

Platinum miners Impala Platinum (Implats) and Aquarius Platinum said on Friday that Zimbabwe had rejected a portion of the indigenisation plan for the Mimosa mine, which they jointly own. Implats said it would negotiate with Youth Development,...

Zimbabwe Minister wants Implats to sell Mimosa stake

Platinum major Impala Platinum (Implats) has not received any official notification from the Zimbabwean government to sell a stake in its Mimosa mine, the JSE-listed company said on Monday. This comes after Zimbabwean Youth Development,...

Producer moving towards Zim indigenisation compliance

The world’s fourth-largest platinum miner Aquarius Platinum has announced that as part of the continuing indigenisation compliance negotiations between its indirect 50% subsidiary Mimosa Holdings and the government of Zimbabwe, Mimosa has signed...

Aquarius CEO slams safety stoppages as output falls

World number-four platinum miner Aquarius Platinum CEO Stuart Murray has criticised the increasing number of safety stoppages in South Africa and said the country has become a “difficult place” to operate in. The ASX-, LSE- and JSE-listed...

Mimosa mine, Zimbabwe

An underground mine, situated in Zimbabwe.

Aquarius confirms Mimosa ownership deal

Aquarius Platinum confirmed on Tuesday that local communities have acquired a stake in the Mimosa mine in Zimbabwe, which it jointly owns with world number-two platinum miner Impala Platinum (Implats). The transaction is part of the final...

Platinum close to reaching supply-demand balance

This year, the platinum market looks set to remain close to balancing demand and supply, following last year’s platinum demand recovery, says precious metals company Johnson Matthey publication manager Dr Jonathan Butler.

Aquarius boosts Q4 output 3%, but SA volumes fell short

he world’s fourth-largest platinum miner Aquarius Platinum increased its attributable production by 3% year-on-year to 114 260 platinum group metal (PGM) ounces, but CEO Stuart Murray said on Tuesday volumes from South African operations fell...

Implats reports six deaths in half year to December 2010

South African platinum-mining major Impala Platinum (Implats) has reported six deaths for the six months ending December 2010 and stated that its safety performance is unacceptable.

Aquarius Platinum reports higher second-quarter output

Midtier platinum-miner Aquarius, which owns operations in South Africa and Zimbabwe increased its attributable production by 14% in the second quarter, while prices strengthened and costs dropped. Aquarius produced 127 579 oz of platinum-group...

Aquarius Platinum targets 530 000 oz in FY2011

Midtier platinum-miner Aquarius Platinum, which swung from a loss to a net profit of $27,8-million in the 2010 financial year, plans to increase its attributable platinum-group metals (PGMs) output by 25% to 530 000 oz in the 2011 financial year....