MINING & RETAIL

Mimosa to up production

ZVISHAVANE-based platinum mine, Mimosa, is set to increase its production to 270 000 tonnes per month from 230 000 tonnes which the company is producing. In an interview during a media tour of the min...

By Staff reporter | Published: 15 November 2018

MINING & RETAIL

Mimosa not replacing Chitando

ZIMBABWEAN platinum producer Mimosa Mining Company, has abolished the post of executive chairman previously held by Mr Winston Chitando, who left the mining concern to join Government as Mines and Min...

By Staff reporter | Published: 05 April 2018

MINING & RETAIL

Mimosa increases production

ZVISHAVANE-BASED platinum miner, Mimosa, has been forced to increase its production and push volumes as its sales are being affected by the depleting grade of its mineral as well as plummeting platinu...

By Staff reporter | Published: 18 March 2018

MINING & RETAIL

Implats threatens to close Mimosa mine

IT'S "crunch time" for Impala Platinum's (Implats')  Mimosa mine which is under threat of closure as it cannot not comply with Zimbabwe's beneficiation laws and remain profitable.The Harare gover...

By miningmx | Published: 15 September 2017

MINING & RETAIL

Aquarius engages Zimbabwe over platinum tax

Aquarius Platinum Limited (Aquarius) - a 50 percent shareholder in Zimbabwe's second-largest platinum producer, Mimosa Mining Company (Mimosa) - says it has engaged government over the recently-impose...

By Staff reporter | Published: 16 February 2015

MINING & RETAIL

Mimosa's revenue increases

South Africa-based Aquarius Platinum's Zimbabwean subsidiary, Mimosa Mining Company's revenue increased by 1 percent for the quarter ended March 2014 due to below budget metal recoveries and power ou...

By Staff reporter | Published: 05 May 2014

MINING & RETAIL

Mimosa output down 7% in Q3

Local platinum producer Mimosa mine's output in the third quarter to March 31, 2014 declined 7 percent to 51 907 ounces from 58 586oz in the previous quarter.The latest quarter output was, however, on...

By Staff reporter | Published: 29 April 2014

MINING & RETAIL

Mimosa eyes increased output

Zvishavane-based platinum miner, Mimosa Mining Company has said it will increase production of the white metal to 110 000 ounces in the full year to June 2014, as it forges ahead with its expansion pr...

By New Ziana | Published: 17 February 2014

MINING & RETAIL

Mimosa Platinum production was stable

Mimosa production was stable and costs reduced further, in line with management's expectations. Unfortunately Mimosa does not benefit from a weakening currency and hence the lower Dollar metal prices ...

By Staff reporter | Published: 28 January 2014

MINING & RETAIL

Regulatory uncertainty impacts Mimosa Platinum

Aquarius Platinum Limited, the world's fourth-largest platinum miner, which jointly own Mimosa Platinum with Implats said proposed tax changes and regulatory uncertainty in Zimbabwe had impacted its a...

By Staff reporter | Published: 28 January 2014

MINING & RETAIL

Mimosa embarks on voluntary retrenchment

Platinum producer, Mimosa Mining plans to retrench 100 workers in a bid to optimise its cost base, a company’s executive has said.Mimosa Mining Company, executive chairman Winston Chitando said the ...

By Staff reporter | Published: 13 November 2013

MINING & RETAIL

Mimosa to retrench 100 workers

MIMOSA Mining Company has announced plans to cut 100 jobs at its Zvishavane mine in response to falling global platinum prices.Mimosa executive chairman Mr Winston Chitando said the retrenchments woul...

By Business Reporter | Published: 12 November 2013

MINING & RETAIL

Massive strike looms at Mimosa

PLATINUM miner Mimosa faces a wave of strikes over plans to cut up to 700 jobs. The Zvishavane-based miner is also mulling wage cuts citing operational challenges.Top management from Implats and Aquar...

By Staff reporter | Published: 05 November 2013

MINING & RETAIL

Impala, Aquarius Mine mulls second shaft at Mimosa

Aquarius Platinum Ltd and Impala Platinum Holdings Ltd are assessing whether to dig a second shaft to expand production at their Mimosa platinum mine in Zimbabwe, Mr Winston Chitando, chairman of the ...

By Bloomberg | Published: 28 October 2013

BUSINESS NEWS

Power shortages hamper setting up of platinum refinery, says Mimosa

Power shortages and a huge initial capital outlay of $2 billion are the major stumbling blocks to the setting up of a platinum refinery in the country, Mimosa Platinum Mines executive director Mr Her...

By Dosman Mangisi | Published: 10 June 2013

MINING & RETAIL

Mimosa platinum output declines

AQUARIUS PLATINUM said production at its local operation Mimosa Mining Company for the quarter ended December 2012 declined by 5 percent to 600 066 tonnes. Revenue for the same period rose 16 percen...

By Business Reporter | Published: 10 June 2013
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