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Financial|Platinum|PROJECT
Financial|Platinum|PROJECT
financial|platinum|project

Bimha mine upgrade, Zimbabwe – update

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10th March 2023

By: Sheila Barradas

Creamer Media Research Coordinator & Senior Deputy Editor

     

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Name of the Project
Bimha mine upgrade.

Location
Zimbabwe.

Project Owner/s
Zimplats.

Project Description
Bimha is being upgraded to produce 3.1-million tonnes a year.

Potential Job Creation
Not stated.

Net Present Value/Internal Rate of Return
Not stated.

Capital Expenditure
$81.7-million.

Planned Start/End Date
Full production is expected in the first quarter of the 2024 financial year.

Latest Developments
Implats has reported in its results for the six months ended December 31, 2022, that project development at Zimplats accelerated and progressed well in the period, with the Bimha mine replacement project on track for completion in July 2023.

Key Contracts, Suppliers and Consultants
None stated.

Contact Details for Project Information
Impala Platinum, Alice Lourens, tel +27 11 731 9033/17 or email alice.lourens@implats.co.za.

 

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Edited by Creamer Media Reporter

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