Zimplats volumes dip as power cuts weigh

Zimplats, a subsidiary of South African based mineral giant Impala Platinum (Implats) saw its volumes retreat by seven percent year-on-year and by eight percent from the previous quarter.

ZIMPLATS says its operations were adversely affected by scarcity of trackless mobile machinery and intermittent interruptions to power supply at its mines during the second quarter ended December 31, 2024.Trackless mobile machines are self-propelled mobile machines used in mines for the purpose of performing mining, transport or associated operations much more efficiently.Zimplats, a subsidiary of…

Subscribe to read full article. Subscribe today

Related posts

‘Zimbabwean markets exposed to US foreign aid freeze’

Cost optimisation sees SeedCo Q3 earnings up 25pc

TSL, Nampak takeover deal talks ongoing

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Read More