Zimbabwe: Zimplats Defers Projects Worth $60 Million

 

Zimbabwe Platinum Mines has deferred some of its capital projects valued at close to $60 million due to cash shortages arising from depressed metal prices. In a financial statement for the quarter ended June 30 2016, Zimplats, the country’s largest platinum company said the some of the planned capital projects have been rescheduled. »Some capital projects amounting…

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