Zimbabwean Plantinum Mining Firm Posts Record Output in 2017

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Platinum mining giant, Zimplats has improved its mining capacity which saw the company extracting a record 7 million tonnes of ore for the year ended June 2017 compared to 6.6 million tonnes during the comparable period in 2016.

According to the Group Chairperson, Fholisani Sydney Mufamadi, platinum production for the year ended 30 June 2017 stood at 281 069 ounces, a 3% decrease from the 290 410 ounces reported in 2016.

“Bimha Mine redevelopment remains on course to reach design production in April 2018.

“The development of Mupani Mine (replacement mine for Rukodzi and Ngwarati mines which will be depleted in FY2022 and FY2025 respectively) was approved by the board and commenced during the year and is progressing according to plan in terms of both time and cost.

“Ore milled increased by 4% to a record 6.7 million tonnes as compared to 6.4 million tonnes that was recorded in 2016.

“Platinum production for the year at 281 069 ounces decreased by 3% from the 290 410 ounces reported in 2016,” said Mufamadi.

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