Tag Archives: Implats Group

Zimplats to boost PGM mine, concentrator output in Zimbabwe

Zimplats’ Board of Directors has signed off on several new projects at its platinum group metal operations in Zimbabwe, including the building of a new mine, expansion of its in-country processing capacity and the addition of a solar plant to augment power supplies.

The board approved an overall capital investment strategy with a budget of $1.8 billion to be implemented over a 10-year period beginning in 2021, with $1.2 billion already approved for implementation.

Zimplats, a member of the Implats Group, is focused on production of platinum group and associated metals from the Great Dyke in Zimbabwe. It currently operates four underground mines and a concentrator at Ngezi, while the Selous Metallurgical Complex, 77 km north of the underground operations, comprises a concentrator and a smelter.

These projects, including those that are currently in process of being approved, will concentrate on:

  • Maintaining current production levels through mine replacements and upgrades ($516 million);
  • Expanding production levels through growth projects, including the development of a new mine and increased processing capacity, which will boost nameplate capacity from 6.7 Mt/y to 8.8 Mt/y and in-country processing capacity to 380,000 t/y of concentrate, and the establishment of an abatement facility to mitigate sulphuric dioxide emissions emanating from the current and expanded smelting capacity ($969 million);
  • Refurbishing the mothballed base metal refinery, to further beneficiate converter matte ($100 million); and
  • Investing in a 185 MW solar plant to augment power supplies and enhance environmental, social and governance performance metrics to maintain Zimplats licence to operate ($201 million).

These projects, the company said, are expected to be funded by internally generated resources.