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Zimplats’ production increases 3% q/q

31st October 2019

By: Tasneem Bulbulia

Deputy Editor Online

     

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Zimbabwean platinum group metals (PGMs) miner Zimplats, in which JSE-listed Impala Platinum holds an 87% interest, increased its production of platinum, palladium, rhodium, ruthenium, iridium and gold (6E) PGMs by 3% quarter-on-quarter for the quarter ended September 30.

6E production for the period was 151 458 oz.

6E metal-in-matte production benefited from higher mill volumes. Mined and milled tonnages increased by 7% and 9%, respectively, quarter-on-quarter.

Operating cash costs per platinum ounce increased by 2% quarter-on-quarter. 

Edited by Chanel de Bruyn
Creamer Media Online Managing Editor

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