Zimplats Holdings ore mined up 2 per cent for Q1

Company News

by Katrina Bullock

Zimplats Holdings (ASX:ZIM) has released its results for the quarter ending 31 March 2019.

Ore tonnes mined increased by 2 per cent from the previous quarter off the back of improvements in fleet productivity.

Tonnes milled decreased by 2 per cent from the previous quarter in line with a 2 per cent decrease in the total number of operating days.

Metal production for the four elements (platinum, palladium, gold and rhodium) decreased by 3 per cent from the prior corresponding period.

Shares in Zimplats Holdings (ASX:ZIM) closed 1.54 per cent lower at $8.29 on Wednesday