ARTICLES RELATING TO ZIMPLATS

Zimplats gets its dues from Zim govt

2016-12-01 16:53

The Zimbabwean government has paid off its protracted debt to Zimplats through the issuance of treasury bills with a total nominal value of $34m.

Storm could be over for Zimplats

2016-08-31 16:33

The storm could be over for Impala Platinum’s unit in Zimbabwe as Zimplats reports a massive swing back to profit following a $74.3m loss in 2015.

Zim central bank pressured to act on Panama Papers

2016-05-20 11:15

Zimbabwe’s central bank has been pressured to investigate illegal dealings by Zimbabwean businessmen and executives named in the Panama Papers.

Zimplats slashes capex spend, freezes new labour

2016-02-25 15:15

Low platinum prices and a loss for the six months end-December 31 have forced Impala Platinum-owned Zimplats to cut capital expenditure by 54%.

Zimplats to go ahead with $447m expansion project

2016-02-02 20:10

Zimplats says it is going ahead with its Zimbabwe based projects despite continued threats on a portion of its mining lease area.

Zimplats to focus on beneficiation as profit drops

2015-08-31 14:39

Impala Platinum's Zimbabwean unit Zimplats has announced a 29% and 56% revenue and pre-tax profit fall for its full year, and is now focusing on mineral beneficiation.

Zimplats soars despite rising costs

2015-05-01 09:55

Impala Platinum's unit in Zimbabwe has raised revenues for the quarter to end March by 10% to $110m, although operating costs also went up by 11%.

Zimplats slips on low prices and mine closure

2015-02-27 13:35

Impala Platinum's Zimbabwe-based unit Zimplats reported a significant half-year profit drop due to lower metal prices and the write-off of its Bimha mine.

SA-owned Zim mine on course for platinum refinery

2015-02-04 20:15

Impala Platinum-owned Zimplats is on course to operationalise its base metal refinery by June next year, according to chief executive Alex Mhembere.

Promising future for Zim mining

2015-01-06 19:56

Mining executives are increasingly enthusiastic about expanding mining operations in Zimbabwe because of the uncomplicated labour environment.

 

Implats gives go-ahead for new mine in Zim

2016-11-30 11:14

Impala Platinum's board has approved a new mine in Zimbabwe, despite facing uncertainty and threats from the government’s land grab bid and higher power tariffs.

Zim wants Implats land as $6.7bn mine plan stalls

2016-07-15 09:21

Zimbabwe has applied for a court order to force an Impala Platinum unit to sell 28 000 hectares of its mining lease to the state, land it says will benefit the economy.

Panama leaks: Implats refutes it paid Zim wages via offshore firm

2016-04-04 20:46

Impala Platinum has been sucked into the Panama Papers debacle after leaked documents showed its Zimbabwe unit used an offshore firm to pay workers’ salaries.

Zim repays Implats unit $100m, revenues tumble

2016-02-05 13:17

Zimbabwe says it repaid Impala Platinum’s unit in the country about $100m in overpaid royalties, dragging down earnings from the mineral royalties segment by 110%.

Zimplats swings back to profit after revenue, output jump

2015-10-30 11:56

Impala Platinum’s unit in Zimbabwe has swung back into profit making, although the outlook for commodity prices remains weak, after it ramped up profits.

Low international prices hit Zimplats earnings

2015-08-03 09:10

Impala Platinum's Zimbabwe-based unit Zimplats has reported a 41% revenue drop for the quarter ended June 30 on depressed international prices.

SA miners in Zim encounter headwinds

2015-03-06 14:25

Zimbabwe's mining output is declining as miners - including units of South African groups - grapple with low commodity prices and a challenging operating framework.

Mine expansion plans in Zim under threat

2015-02-18 18:35

Mine expansion plans for companies in Zimbabwe and the growth of the crucial industry is now under threat because of continued depressed metal prices.

Zimplats posts 17% revenue drop

2015-01-30 14:47

Revenue for Impala Platinum-owned Zimplats in the quarter to December 2014 dropped 17%, amid subdued commodity prices on the international market.

Protracted strike hits Implats earnings

2014-12-09 09:34

Impala Platinum is expecting its earnings to be 20% lower primarily due to lower production from its Rustenburg operations.

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