Platinum - Copperbelt Katanga Mining

Zimbabwe signals state mine investment with Russia platinum exit 1

Zimbabwe’s state mining vehicle, Kuvimba Mining House Ltd., is taking over the 50% shareholding in a platinum project owned by Russia’s Vi Holding NV and plans to make further mining acquisitions, according to nation’s Treasury. The exit of Vi Holding from Darwendale Platinum, which would cost about $3 billion to develop and become Zimbabwe’s biggest platinum mine, brings to an end 16-years of Russian involvement with the project. The deposit was taken from South Africa’s Impala Platinum Holdings Ltd. in 2006 by the government of former Zimbabwean President Robert Mugabe… Read More Here

New Mining Projects Platinum

Nigerian billionaire plans to open a platinum mine in Zimbabwe

November 15, 2020November 15, 2020 arnbethnic

Bravura Holdings Ltd., owned by Nigerian billionaire Benedict Peters, has $1 billion available for the development of a platinum mine in Zimbabwe, its country manager said. The 3,000 hectare (7,413-acre) concession where it plans to dig the mine is in Selous, 80 kilometers (50 miles) south of Zimbabwe’s capital Harare and close to existing platinum mines. “From where we are now, we will go to resource definition, after that we will go to resource modeling, after mine development and then mine construction,” Lionel Mhlanga, Bravura’s manager in the southern African… Read More Here

Platinum Precious Metals

ZIMPLATS Permitted to Operate Despite Zimbabwe 21day Lockdown

April 3, 2020April 3, 2020 arnbethnicZimbabwe

The subsidiary of Impala Platinum (Implats), Zimplats, has been given permission to continue operating in Zimbabwe, although the country is in lockdown for 21 days from March 27 to midnight on April 19. In accordance with the Zimbabwean government directive of March 27 and a subsequent complementary statement by the Minister of Mining and Mining Development Winston Chitando on March 29, Zimplats applied for permission to continue operating under agreed precautionary measures. The permit was granted and allowed mining and processing to continue relatively uninterruptedly during the lockdown. Meanwhile, Zimplats… Read More Here