Zimplats ramps up solar investment to cut power risks
The latest outlay reflects an increase from the half-year ended December 31, 2025, when the miner reported cumulative capital expenditure of US$24 million on the solar project.
By Tatira Zwinoira
1h ago
Zim owes Zimplats US$78m in unpaid export earnings
Under the country's export retention policy, exporters must surrender 30% of their foreign currency earnings to authorities in exchange for ZiG, at the prevailing interbank rate.
By Tatira Zwinoira
Mar. 6, 2026
Premium
Zimplats invests US$29m as major projects advance
Zimplats said studies to assess the viability of pillar reclamation mining at Mupfuti will be conducted this year, followed by a trial should the studies prove successful.
By Tatira Zwinoira
Feb. 6, 2026
Zimplats spends US$35m in capex
The difference between the two periods is at least US$35 million, as in quarter ended December 31 2024 had no capex into Bimha Mine.
By Business Reporter
Feb. 3, 2025
Zimplats takes massive 96% hit to profit after tax in FY24
During the period under review, global commodity prices declined owing to geopolitics and a slowdown in China’s economy.
By Tatira Zwinoira
Aug. 26, 2024
Zimplats spends US$789 million on projects
6E metal in final product improved by 12% year-on-year and was 1% higher than the prior quarter.
By Mthandazo Nyoni
May. 2, 2024
Zimplats loses US$114m following Mtasa resignation debacle
Mtasa was the long-time head of the State-owned entity, TelOne.
By Tatira Zwinoira
Feb. 23, 2024
Zimplats invests US$516m on capital projects
Transfers from closing stocks to operating costs amounted to US$0,9m during the period, a decrease of 67% in line with inventory movement in the value chain.
By BELINDA CHIROODZA
Nov. 2, 2023
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
