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Zimplats to cap job cuts at 1 percent of workforce, CEO says

HARARE - Zimplats, opens new tab will reduce its headcount by 1% as it implements broad cost cuts to survive a sharp fall in platinum group metal (PGM) prices, CEO Alex Mhembere said on Wednesday. Zimbabwe's biggest platinum producer announced in March it was offering voluntary job cuts in an attempt to contain costs amid…
South Africa Mashonaland East United States Alex Mhembere Zimplats Sibanye Stillwater Alex Mhembere

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African development banks expected to fund Caledonia's new Zimbabwe mine, CEO says – The Zimbabwe Mail

HARARE,- African development banks are seen as the most likely funders of Caledonia Mining Corporation's, opens new tab planned $250 million gold mine in Zimbabwe, the mining company's CEO Mark Learmonth said on Wednesday. Caledonia, which already owns the Blanket gold mine in Zimbabwe, is updating a feasibility study ahead of the planned construction of…
Mashonaland East United States Mark Learmonth Allan Gray Caledonia Mining Corporation Caledonia Mining

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