mimosa

Mimosa mine to undergo $40mn expansion

The Impala Platinum (Implats) and Aquarius Platinum-owned Mimosa mine will undergo a $40 million expansion project in the next five years. This will extend the lifespan of the Mimosa – the second largest platinum mine in Zimbabwe – by 20...

Aquarius has a Q3 profit lift

Southern Africa-focused Aquarius Platinum has posted improved results in Q3 2014 as production increased at its operations in South African and Zimbabwe. The Bermuda-based miner reported an increase in revenue of 3% from the previous corresponding...

Mimosa’s positive Q2 2014 production report

Mimosa Platinum Mine’s revenue for the quarter to June this year surged 26% to $79 million from $63 million in the previous quarter following a substantial increase in production. Parent company Aquarius Platinum said PGM production at the...

Zim producers meet govt deadline for refinery plans

Zimbabwe’s three major platinum producers have met a government deadline to submit plans for a local refinery, reports The Sunday Mail. The newspaper reports that Zimplats, Mimosa and Unki all submitted “concrete plans” plans to the Ministry of...

Implats improves safety; operational challenges remain

Impala Platinum Holdings Limited’s (Implats) results for the full year ended 30 June 2013 show an improvement in safety but operational performance has been challenging. Implats’ CEO, Terence Goodlace, stated: “It has been a good year for the group...

Aquarius year “challenging”

Aquarius Platinum’s full year results to 30 June 2013 reflect an exceptionally challenging year for Aquarius. This is according to Jean Nel, CEO of Aquarius Platinum who said: “This year we had to close loss-making mines, face disruptive...
Kroondal mage

Kroondal, Aquarius Platinum’s saving grace

The disappointing results of Aquarius Platinum’s December 2012 quarter have hardly come as a surprise considering the state of the global economy and illegal strike impact on production. Its single profitable entity, Kroondal (in which it owns...