Zimbabwe's Biggest Miners Seek $182 Million for Solar Projects [Yahoo! Finance Canada]
IMPALA PLATINUM HLDGS ADR (IMPUY)
NASDAQ:AMEX Investor Relations:
implats.co.za/results-and-presentations.php
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Source: Yahoo! Finance Canada
Most Read from Bloomberg The agreement was signed between Grid Africa and the Intensive Energy User Group, whose members include Impala Platinum Holdings Ltd.'s Zimbabwean unit, Tsingshan Holdings Group Co.'s Afrochine Smelting Pvt. Ltd and RioZim Ltd. among others. “Talks with various funding partners, such as mining companies, banks, developmental financiers, and vendors like Power China and RIC Energy, are progressing,” Norman Moyo, co-founder and chief executive of Grid Africa said in an interview. “The financing structure will consist of about 70% debt and 30% equity.” Zimbabwe faces an energy shortfall that often triggers the state-owned power company to implement rolling blackouts to balance supply and demand. The worst drought in four decades has compounded the crisis, cutting supplies from hydropower plants. Several miners rely on imported power from neighboring Mozambique to operate. Zimbabwe boasts the second-largest platinum deposit and high-grade chromium ores in
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News
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- Impala Platinum Holdings Insiders Added R13.1m Of Stock To Their Holdings [Yahoo! Finance]Yahoo! Finance
- Eastplats commissions PGM processing plant in South Africa [Yahoo! Finance]Yahoo! Finance
- Zimbabwe's Biggest Miners Seek $182 Million for Solar Projects [Financial Post (Toronto, Ontario, Canada)]Financial Post
- Zimbabwe's Biggest Miners Seek $182 Million for Solar Projects [Yahoo! Finance]Yahoo! Finance