Zimplats hands over disputed land to Zim government

2018-06-07 13:32

Zimplats, the Zimbabwean unit of Impala Platinum, has agreed to release land measuring 23 903 hectares to the Zimbabwean government, ending a protracted wrangle that lasted five years.

Zimplats spends $66.9m on mine development

2018-03-01 10:16

Zimplats says redevelopment of its Bimha mine remains on schedule to reach full production by April 2018.

Zimplats forges ahead with mine development

2017-08-02 10:13

Zimplats, Impala Platinum’s unit in Zimbabwe, has announced that revenue for the quarter to end-June 2017 increased by 9% to $143.59m as it forges ahead with mine development.

Zimplats sells 10% equity to employees

2017-02-01 18:02

Zimplats Holdings says its operating subsidiary, the Zimbabwe Platinum Mines, has sold a 10% equity stake valued at $95m to its employees.

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.


Zimbabwe's biggest platinum miner says local listing won't work

2018-04-06 07:09

Impala Platinum has said Zimbabwe’s plan to compel mining companies to list the on the local exchange isn’t feasible, and would impede operators’ ability to grow and invest in their assets.

Zim smelter too pricey, says Impala

2017-09-18 12:53

Impala Platinum says the Zimbabwean government's requirement to invest in smelting and refining capacity for its 50%-owned Mimosa mine is not affordable.

Stakes are high as Zim ministers meet mining execs

2017-05-23 12:15

Zimbabwean mining executives and government officials are having their third annual meeting in Victoria Falls as the industry battles a plethora of operational constraints.

UPDATED: Zimplats objects to Mugabe's planned land claim take-over

2017-01-31 11:54

Impala Platinum’s Zimbabwe unit has two weeks to launch an objection to President Robert Mugabe’s intentions to take over about 28 000 hectares of land claims.

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.

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