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BRIEF-Implats says its, Zimplats' boards approve development of Mupani mine in Zimbabwe
November 30, 2016 / 6:20 AM / 10 months ago

BRIEF-Implats says its, Zimplats' boards approve development of Mupani mine in Zimbabwe

Nov 30 (Reuters) - Impala Platinum Holdings Ltd :

* Implats and Zimplats boards of directors have given their respective approvals to proceed with development of $264 million Mupani mine at Zimplats

* New underground mining complex replace production from Rukodzi mine and Ngwarati mine once they are mined out and closed

* Life-of-mine expected to be 25 years, increase Zimplats mineral reserves to approximately 9 million ounces of platinum Further company coverage: (Bengaluru Newsroom: +91 806 749 1136)

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