Zimplats grapples with spiralling costs

Zimplats says it has made “significant” progress in resolving delayed payments from government, after reaching a deal to use part of the money owed to settle taxes and other obligations.

PLATINUM miner Zimplats says operational costs rose 21 percent year-on-year during the quarter ended September 30, 2025, primarily driven by employment costs and open pit mining. This comes as platinum prices improved this year following a slump in the preceding year which impacted most miners’ viability. “Total operating costs increased by 21 percent from the…

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