Zimplats spends US$702m on capital projects -Newsday Zimbabwe
In its half year report for the period ended December 31, 2023, the platinum miner said the Mupani and Bimha mine projects progressed as planned.
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In its half year report for the period ended December 31, 2023, the platinum miner said the Mupani and Bimha mine projects progressed as planned.
Transfers from closing stocks to operating costs amounted to US$0,9m during the period, a decrease of 67% in line with inventory movement in the value chain.
Cumulatively, US$318,8 million was spent on these projects, with an additional US$59,1 million committed, against a total project budget of US$468 million.
Cumulatively, US$318,8 million was spent on these projects, with an additional US$59,1 million committed, against a total project budget of US$468 million.