Home Business Unki Mine’s Platinum Production increases by 4%

Unki Mine’s Platinum Production increases by 4%

Unki Mine’s Platinum Production increases by 4%. In a statement released Thursday, Anglo said Platinum output increased by 4 per cent to 22 600 ounces while palladium rose by 2 per cent to 20 000 ounces as the mine partly benefited from grade improvement.

Anglo American Platinum’s local unit Unki Mine’s platinum group metals (PGM) production for the first quarter to March 31, 2021, rose by 4 per cent to 50 900 ounces compared to the same period in 2020 despite Covid-19 related disruptions.

Unki, the Midlands province-based miner started operations in 2011 and is the youngest operating platinum mine in Zimbabwe, home to the world’s second-largest reserves of platinum after South Africa.

Anglo’s overall production increased by 3 per cent on the back of strong performances at the copper operations in Chile and iron-ore operations in South Africa.

This is happening when other actors in the mining industry, locally, especially small scale gold miners have been lamenting over the effects of the COVID-19-induced lockdowns which they say affected production.

Moreover, mining activities across the country were affected by wet weather conditions between November and February resulting in mining operations suspended after a number of mines collapsed killing miners.

Nevertheless, gold deliveries to Fidelity Printers and Refineries (FPR) improved by 54.57% in March 2021 to 1.8 tonnes from February’s 1.17t as weather conditions improved.

Source – Pindula News

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