Zimbabwe increases platinum exports
Story Filed: Tuesday, August 06, 2002 3:02 AM EST
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HARARE, Aug 6, 2002 (Xinhua via COMTEX) -- The Zimbabwe Platinum Mines Limited (ZPML) increased its total sale exports and production during the June 2002 quarter, according to the Herald on Tuesday.
The processing plant was operating at its full design capacity as of June, the company quarterly production report said.
A total of 1,183 tons of concentrate were exported while 1,541 tons of furnace matte and 339 tons of converter matte were also exported respectively, it said.
The company also increased total exports of platinum, palladium, rhodium, gold, nickel, copper and cobalt.
At the company's Ngezi Platinum Mine, about 670,000 tons of mineral ore were produced.
It said that the improving mining volumes for the quarter reflected the better performance of the contractor's mining equipment.
The ZPML is a platinum development and mining company with significant assets in Zimbabwe. The company holds about 165 million ounces of platinum resources in the Great Dyke.
The mining industry and the agriculture have been identified as key to boosting the foreign currency earnings for Zimbabwe.
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