Platinum production at Unki Mine remained flat at 75 000 ounces in 2017 despite an 18 percent drop in output in the fourth quarter.
The Shurugwi based mine is one of the country’s three platinum producers in Zimbabwe, along with Zimplats and Mimosa Mine.
“Unki platinum production decreased by 18 percent to 16 400 ounces and palladium production by 14 percent to 14 200 ounces due to planned maintenance to the mill feed silo, which was completed in December 2017,” said parent company Anglo American Platinum (Amplats) in its quarterly update.
Groupwide platinum production rose three percent to 291,800 ounces and palladium production increased by 5 percent to 213 700 ounces.
The group’s platinum production for the year stood at 2.39 million ounces.
Exploration and evaluation expenditure for the quarter decreased by 3 percent to $67 million. – The Source
(128 VIEWS)
This post was last modified on January 25, 2018 2:31 pm
The gazetting into law of the payment of quarterly taxes on a 50-50 basis in…
Zimbabwe has today unveiled a ZiG276.4 billion budget for 2025 during which it expects the…
Zimbabwe President Emmerson Mnangagwa has repeatedly stated that he is not going to contest a…
The Zimbabwe Gold fell against the United States dollar for five consecutive days from Monday…
An Indian think tank has described Starlink, a satellite internet service provider which recently entered…
Zimbabwe’s new currency, the Zimbabwe Gold (ZiG), firmed against the United States dollars for 10…
