{"id":6477,"date":"2011-12-28T13:02:28","date_gmt":"2011-12-28T11:02:28","guid":{"rendered":"http:\/\/www.myza.co.za\/12\/zimbabwe-says-no-immediate-raw-platinum-export-ban\/"},"modified":"2011-12-28T13:02:28","modified_gmt":"2011-12-28T11:02:28","slug":"zimbabwe-says-no-immediate-raw-platinum-export-ban","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/zimbabwe-says-no-immediate-raw-platinum-export-ban\/","title":{"rendered":"Zimbabwe says no immediate raw platinum export ban"},"content":{"rendered":"

\t\t<\/span><\/p>\n

By Nelson Banya<\/span><\/p>\n

<\/span><\/p>\n

HARARE<\/span> Dec 28 (Reuters) – Zimbabwe is considering a
\nban on raw platinum exports in a bid to force miners to set up
\nrefineries in the country, but this move will not take place
\n“overnight”, a government official said on Wednesday.<\/p>\n

<\/span><\/p>\n

The southern African country has the second largest known
\nplatinum reserves in the world, after neighbouring South Africa,
\nand the top two global producers, Anglo American Platinum
\n and Impala Platinum, have operations there.<\/p>\n

<\/span><\/p>\n

Both Amplats and Implats currently send platinum concentrate
\nfrom their Zimbabwean mines to South African refineries but the
\nZimbabwe government has over the years tried to encourage the
\nfirms into processing the metal locally.<\/p>\n

<\/span><\/p>\n

Deputy Mines Minister Gift Chimanikire told Reuters that the
\ngovernment, which restored a ban on raw chrome exports earlier
\nthis year to promote local smelting, was now focusing on
\nplatinum producers.<\/p>\n

<\/span><\/p>\n

“They need to start investing in a refinery in Zimbabwe. We
\nneed value-addition for our minerals here, we cannot keep
\nexporting jobs,” Chimanikire said.<\/p>\n

<\/span><\/p>\n

“We’re not saying it’s going to be overnight. We’re ringing
\nthe alarm bells to show we’re not sleeping.”<\/p>\n

<\/span><\/p>\n

Platinum producers have said Zimbabwe’s current production
\nis insufficient to sustain a viable refinery. Implats’ Zimplats
\n operations currently operates the largest mine in the
\ncountry, with production capacity of 180,000 ounces annually.<\/p>\n

<\/span><\/p>\n

Mimosa, Implats’ 50:50 joint venture with Aquarius,
\naccounted for more than 20 percent of Aquarius’s total
\nattributable output of 487,404 PGM ounces for the full year,
\nwhile Amplats’ Unki mine produced 22,000 ounces in the first
\nhalf of 2011.
\n\u00a0 Continued…<\/strong><\/span><\/p>\n

<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

By Nelson Banya HARARE Dec 28 (Reuters) – Zimbabwe is considering a ban on raw platinum exports in a bid to force miners to set up refineries in the country, but this move will not take place “overnight”, a government official said on Wednesday. The southern African country has the second largest known platinum reserves […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","ngg_post_thumbnail":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[830,2370,183],"class_list":{"0":"post-6477","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-south-africa","7":"tag-news","8":"tag-reuters","9":"tag-south-africa-2","10":"entry"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/6477","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/comments?post=6477"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/6477\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=6477"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=6477"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=6477"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}