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- 117 pages
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- Sep 20, 2024
- 7 pages
September 2011
UPDATE 1-Zimbabwe will not cancel mining licences-minister
Zimbabwe had no intention of canceling the mining licences of foreign companies and will continue talks with some miners over a law requiring them to give Zimbabweans a 51 per cent stake in their local holdings, the country’s mines minister said on Wednesday.
Zimplats risks losing operating licence
The Zimbabwe government is forcing foreign miners, including Australian-listed Rio Tinto and Aquarius Platinum, to comply with legislation that cedes 51 per cent ownership to black Zimbabweans.
- Jamie Freed
April 2011
Zimplats Holdings (ZIM)
Political tensions in Zimbabwe pose a significant downside risk for metals producer Zimplats.
- Updated
- Claire Stewart
March 2011
FED:Platinum stocks sold on political concerns
Shares in platinum miners operating in Zimbabwe and South Africa have been sold off due to political concerns in those countries.
- Updated
August 2010
Zimplats reverses losses
Zimplats Holdings earned net profit of $US122.07 million for the year to June 30 compared with a loss of $US25.02 million in financial 2009.
April 2010
January 2010
Platinum in the ascendant
Platinum group metals have soared to their highest levels since August 2008 as investor interest prompts a tightening in demand.
- Updated
- Ayesha de Kretser
December 2008
April 2008
Zimplats Holdings (ZIM)
The share prices of Australian-listed miners with operations in Zimbabwe received a boost on reports that Zimbabwean president Robert Mugabe had been defeated in the country's recent elections. Platinum producer Zimplats, which has operations in the country rose to its highest point in more than six months. Even the impact of higher platinum prices through the first quarter of this calendar year prompted less of a price spike. But management has wised to this, issuing a statement to the ASX that there appeared to be speculation in the company's share price based on the election results. Zimplats advises shareholders to continue to exercise caution in share dealings due the uncertain conditions prevailing in Zimbabwe. In the wake of the election, followers of Mr Mugabe have begun an intimidation campaign in rural areas against opposition supporters.
- Peter Wells
September 2007
February 2007
August 2006
August 2003
Zimplats bid tops Impala
Impala Platinum's attempt to mop up the minority interests in Zimbabwe Platinum has suffered a major blow with Zimbabwe-listed Barbican Holdings apparently preparing a rival $5 a share offer.
- Yvonne Ball
Impala close to landing a bigger share of Zimplats
Zimbabwe Platinum Holdings (Zimplats) said yesterday that some of the company's major overseas shareholders were planning to accept a cash offer from the world's second-largest platinum producer.
- Source: AAP
July 2003
Zimbabwe Platinum minnows wooed
Zimbabwe Platinum chief executive Roy Pitchford is this week explaining to the company's local minority shareholders why the board has recommended they accept Impala Platinum's $4.08 per share cash offer.
- Yvonne Ball
May 2000
Zimplats seeks mine finance amid land chaos in Zimbabwe
Zimbabwe Platinum Mines Ltd (Zimplats) faces the delicate task of persuading London-based financiers to back its Ngezi platinum project in Zimbabwe as the country teeters on the brink of economic and political ruin.
- Adam Shand