Platinum miners owed US$228 million in export proceeds

Zimbabwe is home to the world’s second-biggest known deposits of platinum after South Africa

PLATINUM group metals (PGMs) producers in the country are facing operational bottlenecks and liquidity constraints as the government owes mining companies more than US$228 million in unpaid export surrender proceeds. Speaking at the PGMs Symposium at the ongoing Chamber of Mines Annual Conference, Chairman of the Chamber of Mines Platinum Producers Association, Alex Mhembere, revealed…

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