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Zimbabwe: Zimplats Defers Projects Worth $60 Million

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[The Herald] Zimbabwe Platinum Mines has deferred some of its capital projects valued at close to $60 million due to cash shortages arising from depressed metal prices. In a financial statement for the quarter ended June 30 2016, Zimplats, the country's largest platinum company said the some of the planned capital projects have been rescheduled."Some capital projects amounting to $59 million that were planned to be implemented in the year to 30 June 2016 were deferred to future periods due to cash constraints arising f ......

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