Zimplats sees 4% increase in Q2 platinum production

📅 Published: August 19, 2025

Curated by AllZimNews.com

Roach said the objective of the new Conceptual Mine Plan is to assess the potential impact of returning RHA to production and assess whether RHA can generate a return on Premier’s investment to date in surface infrastructure, plant and equipment at RHA at minimal additional capital costs, based on using just the existing vertical access shaft.

The Conceptual Mine Plan assesses an underground production rate of 6000 tonnes per month with a projected lifespan of 10 years and indicates a peak funding requirement of US$2. 5 million and a payback within 16 months.

Premier has resolved not to commit further funding to RHA meaning a third party being either the National Indigenisation, and Economic Empowerment Fund (NIEEF) or another party would need to provide new funding,
“Premier’s historic commitment to RHA needs to be matched by NIEEF or another funding option will need to be sourced given there will be no further financial commitment from Premier apart from the basic care and maintenance costs” he said.

Roach said the drilling programme has commenced at Zulu Lithium despite delays caused by COVID-19 infections and restrictions imposed by government to control the spread of the virus. “The rigs continue to operate and our lab equipment is now only awaiting import clearance to Zimbabwe.

In the background important other work is underway including that associated with environment, water management, tailings management, geotechnical assessment, preparation for additional metallurgical studies, logistics route planning and cost estimates. ”
Premier remains on track with its plans to prepare Zulu Lithium’s Definitive Feasibility Study in line with previously reported timelines. 🔗

” style=”color: #007bff;”>admin@allzimnews. com.

Get the complete story and stay updated with the latest Zimbabwe news

All Zim News aggregates news from a variety of sources for public interest and historical record Headlines, excerpts, and images are displayed with attribution and links to the original publisher