Site icon DailyNews

Depressed metal prices hit Mimosa

HARARE – Mimosa Platinum Mines (Mimosa) revenue in the first quarter of the 2014 financial year slumped by 20 percent to $56 million, due to depressed dollar metal prices. Cash margins for the Zvishavane-based Mimosa — which is jointly owned by Impala Platinum and Aquarius Platinum (Aquarius) — decreased from 29 percent to 17 percent…

To access this content, please purchase a subscription by clicking the button below and select a package of your choice!
Subscriptions
Exit mobile version