16.4 C
Harare
Saturday, September 26, 2020
Refined production from Zimbabwe is expected to decline by 1% from 455 koz in 2019 to 453 kozOverall supply in the second quarter of 2020 fell by 35% year-on-yearBoth supply and demand for the metal were severely impacted by measures to contain COVID-19 pandemic
PAT jumped 81% to US$261.8m6E volumes sold decreased by 3%Development of Mupani Mine progressing well and on schedule Harare – Zimplats, a subsidiary of one of the world’s foremost producer of platinum and associated platinum group metals, Impala Platinum (Implats) recorded a 38%...
HEPS was 350 cents per shareIn excess of R1.6 billion invested into COVID-19 social relief efforts4E PGM production from the SA PGM operations increased to 657,828 4Eoz JSE and NSYE – listed Sibanye Stillwater with a 50% holding in Zimbabwe based Mimosa gold...
In its mid term monetary policy statement going under the theme fostering price stability, the RBZ has revised export retentions ratios for exporters upwards. The move comes after what RBZ said was a positive impact of the auction system in price stability and the need to...
Headline earnings expected to grow by between 413% and 433%EPS projected to increase by between 892% and 911%Gross profit is expected to increase to R23 billion Harare- Impala Platinum has issued a further earnings guidance detailing the expected growth in basic earnings per...
Exchange rate induced price distortions and unfavourable forex retention policy weigh on productionCumulative January to July volumes at 11.9 tonnes is 22% down on the same period last yearGovernment is targeting 100 tonnes of gold per year by 2023 a figure which is expected to help the...
The seven-year agreement is for the supply of up to 100 000 dry metric tonnes (dmt) per annum of high quality, ultra-low iron petalite concentrate produced at ArcadiaSibelco is a global industrial minerals business, with annual turnover of some 3.5 billion poundsOnce in production, Prospect is expected...
PGM output was spurred by increased throughput at UnkiDiamond output rose by 17%Mining sector growth projected to slow down to -4.1% Harare- PGMs and diamond output anchored the mining sector’s performance in the first quarter of 2020 (Q1 2020) amid a turbulent local...
Ore mined increased by 2%6E metal production in final product increased by 6%Operating cash costs per 6E ounce decreased by 7% from the previous quarterThe Group’s operations during the period under review were not impacted by COVID-19 disruptions Harare – Platinum Group Metals...
Output down to 80 300 ouncesGroup PGM and gold output down by 25%PGM production from own-managed mines declined by 24% Harare- Unki Mine’s PGM output in the half year ended 30 June 2020 decreased by 16% compared to the prior comparative period, an...