Zimplats Holdings Limited (ASX:ZIM)
Zimplats Holdings Limited is engaged in the business of producing platinum group metals (PGMs) and associated metals, which include nickel, gold, copper, cobalt and silver mined from the Great Dyke in Zimbabwe. Its segments include Platinum, Palladium, Gold, Rhodium, Nickel, Ruthenium, Iridium, Silver, Copper and Cobalt. The Company, through its subsidiary Zimbabwe Platinum Mines (Private) Limited, a producer of PGMs, is engaged in exploiting the ore bodies located on the Great Dyke in Zimbabwe. The Company has a Mineral Resource base of approximately 223.6 million ounces 4E. The Company operates approximately four underground mines and an open pit mine, which supply ore to three concentrator modules (two at Ngezi and the third one at Selous). Three of the four underground mines are operating at full production while the fourth one is under re-development. The Company sells white matte (a concentrate of metals), which consists of platinum, palladium, rhodium, gold and nickel.