Zimbabwe: Mimosa Worried Over Platinum Prices

7 December 2012

MIMOSA Mining Company says it will need to maintain stringent cost management, high efficiency and optimum production levels to counter the negative effects of slowing metal prices. Speaking during the launch of the firm's Let's Go Zero Campaign in Zvishavane recently, resident director Mr Peter Chimboza said world market platinum prices were falling.

"Things sometimes get really difficult. Right now we have a major challenge on the world market prices for platinum. Prices are starting to drop and they are dropping very fast," he said.

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