Zimbabwe platinum output could easily exceed its SA output - Implats

Implats' eventual platinum production in Zimbabwe has the potential easily to exceed South African production, Implats CEO David Brown tells Mining Weekly Online. Brown says that the production of a million ounces of platinum in Zimbabwe remains...

Camec says $214m Zim PGM project proceeding to schedule

London-listed mining company Camec is going ahead with its US$214-million platinum project on the southern part of Zimbabwe’s Great Dyke, with the commissioning expected during the last quarter of this year.



New Impala-linked Zimbabwe platinum investor senses ‘near-term’ political settlement

The new Impala Platinum-linked Kameni start up that is intent on building platinum and chrome mines in Zimbabwe senses a “near-term” political settlement in the troubled country where, it says, platinum investment is receiving a red-carpet...

Zimbabwe platinum investor senses ‘near-term' political settlement

New Impala Platinum-linked start-up Kameni senses a "near-term" political settlement in troubled Zimbabwe where, it says, platinum investment is receiving red-carpet treatment. Kameni CEO Stephen Gorven and CFO Michael Jones, both former...

Zimplats discontinues opencast platinum mining, posts loss

Zimbabwe platinum company Zimplats had discontinued opencast mining because of low metal prices and had run up a $16-million loss in the September quarter when its platinum prices averaged $1 551/oz, the company said on Wednesday. Zimplats said...

Strong poised to grow stronger as platinum industry mulls consolidation

On the one hand, the National Union of Mineworkers (NUM) president Senzeni Zokwana is calling for the creation of a State-owned platinum mining company, and on the other are an acquisitive Impala Platinum and an emerging Xstrata Resources, both...

Implats can be ‘very instrumental’ in Zimbabwe’s economic reconstruction, says CEO David Brown

The world’s second-largest platinum company Impala Platinum can be “very instrumental” in any economic reconstruction of Zimbabwe, where the company touches the lives of 50 000 people and where it is currently investing an additional...

Replacement needs gold to be at $2 000/oz, Implats touches 50 000 Zimbabwean lives, Northam Platinum mulls alternative power

A gold price of $2 000/oz-plus is required to replace Gold Fields’ infrastructure, says CEO Nick Holland. In announcing gold reserves of 82,8-million ounces, 80% of which are in South Africa, Holland says that the company’s mines cannot be...

Daily podcast – July 29, 2008

In today's podcast: South Africa and Nigeria have the responsibility to pull Africa out of poverty and political instability, Cabinet has mandated the National Treasury to investigate the possible imposition of a tax on carbon-dioxide emissions,...

Zimbabwe is of ‘strategic importance’ to Angloplat, says CEO

Platinum-miner Anglo Platinum (Angloplat) on Monday reaffirmed its controversial commitment to developing the Unki project in Zimbabwe, with new CEO Neville Nicolau saying the country was strategically important for the company’s growth plans....

More Impala success in Zimbabwe, CEO Rumble announces

Second-biggest global platinum producer Impala Platinum said on Friday that the Zimbabwe government had confirmed extension of its special mining lease provisions, representing yet another positive step in the company's rapprochement with the...

Zimplats expansion, Zimbabwe

A recent Reuters report suggests that the expansion programme entails the construction of eight underground mines at Zimbabwe Platinum Mine’s (Zimplats) Ngezi site north of Harare, an expansion of its smelter and the reopening of its...