Let’s answer this wake-up call
This week, platinum giant Zimplats initiated a voluntary layoff exercise for all employees to keep the company afloat in the low-price metal market.
By The Zimbabwe Independent
Mar. 22, 2024
‘Shifting market conditions constraining PGMs output’
Russia is a major producer of platinum group metals (PGMs). The unfolding crisis has resulted in production and supply chain disruptions impacting negatively on the global supply of PGMs.
By Tinashe Kairiza
Mar. 22, 2024
Platinum miners fear bloodbath as prices fall
Plunging prices for Platinum Group of Metals (PGMs) are expected to persist in the medium term.
By Tinashe Kairiza
Mar. 22, 2024
Zimplats shields US$1,8b expansion plan
The company on Tuesday initiated a voluntary layoff exercise for all employees to keep the company afloat in the low-price metal market.
By Mthandazo Nyoni
Mar. 21, 2024
Mimosa offloads 33 managers
The exercise, according to the company, was done to ensure that the business remains viable given the depressed metal prices.
By Mthandazo Nyoni
Mar. 6, 2024
BNC to institute budgetary controls
Nickel prices on the London Metal Exchange experienced a significant decrease of 48% to US$16 300 per tonne during the calendar year 2023.
By Business Reporter
Feb. 19, 2024
Nampak focuses on cost control measures
Demand at cartons and labels division was 1,4% ahead of prior year, somewhat curtailed by raw material constraints.
By Melody Chikono
Feb. 14, 2024
Redwing disaster: Survivors tell gripping tales of three-day ordeal
Mafa, who hails from Gokwe in the Midlands province, was about to follow 15 of his colleagues underground when disaster struck.
By Kenneth Nyangani
Jan. 14, 2024
Metallon vows to restore order at Redwing Mine
The company, which owns Redwing Mine, How Mine and Mazowe Mine, said it will re-establish formal mining operations at Redwing.
By Mthandazo Nyoni
Jan. 9, 2024