AfricaTrade & IndustryZimbabwe

Zimplats platinum output up 9pct to 73 785oz in Q2

By Almot Maqolo

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Platinum production at Zimplats, a unit of South Africa’s Impala Platinum, rose 9 percent to 73 785 ounces in the quarter ended 30 June 2020 from 67 978 ounces in the same period last year. In the six months to June, platinum output stood at 143 772oz.

The miner is one of the country’s three platinum producers in Zimbabwe, along with Unki and Mimosa Mine. In the period, ore mined was up 9 percent to 1 829 tonnes from 1 673 tonnes in the comparable period last year. Ore mined went up by 2 percentage points from the previous quarter due to the increase in the number of operating days.

Ore milled increased 7 percent to 1 676t from 1 570t in same quarter last year. However, tonnes milled declined by 1 percent from the previous quarter owing to lower running time at the concentrators. “Running time for the quarter under review was affected by the planned mill reline shutdown at the Selous Metallurgical Complex (SMC) concentrator plant,” Zimplats stated in its latest quarterly report.

Production of the company’s 6 elements (6E) comprising gold, platinum, palladium, rhodium, ruthenium, iridium surged by 10 percent to 161 190oz from 147 136oz in the same period last year. “6E metal production in final product increased by 6 percent from the previous quarter, benefiting from the treatment of reverts stockpiled when the furnace was drained in June 2019 for the 122-day major rebuild shutdown.”

Zimplats’ safety performance improved from two lost-time injuries in the previous quarter to one in the quarter under review. Also, the miner realised 2.4 million fatality free shifts.<br><br>A total of US$300 000 was spent on exploration projects during the quarter and US$700 000 was committed.

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