Zimplats revenue down 23%
Despite the decrease in revenue and profit after tax, Zimplats had US$5,49 to every dollar of debt showing the firm was highly liquid to continue its capital projects.
By Tatira Zwinoira
Aug. 30, 2023
Zimplats spends US$443m on capital projects
Cumulatively, US$318,8 million was spent on these projects, with an additional US$59,1 million committed, against a total project budget of US$468 million.
By Mthandazo Nyoni
Aug. 25, 2023
‘Zim’s electricity sector outlook remains troubled’
As a result of the electrification deficit, the common energy source is firewood.
By Mthandazo Nyoni
Jun. 29, 2023
Zimplats solar plant to come on board next month
The project is the first phase of the 185MW solar plant valued at US$201 million.
By Rugare Mubika
Jun. 19, 2023
Chiefs receive 5% ZimPlats shares
According to ZimPlats chairperson Thandi Orleyn, at least 700 people were employed at the peak of construction of the concentrator.
By Rugare Mubika
Jun. 15, 2023
Zimplats sinks US$373,6 million into projects
During the quarter, ZHL spent money on exploration and expanding operations at its existing mines to scale up its mineral production.
By Melody Chikono
Apr. 30, 2023
Zim platinum output drops
Zimbabwe is the world’s third biggest platinum producer behind Russia and its southern neighbour, South Africa.
By Tatira Zwinoira
Mar. 10, 2023
Zimplats revenue down 7%
REVENUE at the Australia Stock Exchange (ASX)-listed mining giant Zimplats decreased by 7% to US$545,5 million for the half-year ending December 31, 2022.
By Mthandazo Nyoni
Mar. 1, 2023
Zimplats raises expenditure on environment rehab
Environmental rehabilitation entails bringing a destroyed or deteriorating environment back to better conditions and a robust ecosystem.
By Tatira Zwinoira
Dec. 23, 2022
