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Zimplats takes massive 96% hit to profit after tax in FY24

During the period under review, global commodity prices declined owing to geopolitics and a slowdown in China’s economy.
By Tatira Zwinoira Aug. 26, 2024

Zimplats spends US$789 million on projects

6E metal in final product improved by 12% year-on-year and was 1% higher than the prior quarter.
By Mthandazo Nyoni May. 2, 2024

Zimplats loses US$114m following Mtasa resignation debacle

Mtasa was the long-time head of the State-owned entity, TelOne.
By Tatira Zwinoira Feb. 23, 2024

Zimplats invests US$516m on capital projects

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.
By Belinda Chiroodza Nov. 2, 2023

Zimplats revenue down 23%

Despite the decrease in revenue and profit after tax, Zimplats had US$5,49 to every dollar of debt showing the firm was highly liquid to continue its capital projects.
By Tatira Zwinoira Aug. 30, 2023

Zimplats sinks US$373,6 million into projects

During the quarter, ZHL spent money on exploration and expanding operations at its existing mines to scale up its mineral production.
By Melody Chikono Apr. 30, 2023

Zimplats raises expenditure on environment rehab

Environmental rehabilitation entails bringing a destroyed or deteriorating environment back to better conditions and a robust ecosystem.
By Tatira Zwinoira Dec. 23, 2022