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Zimplats Reports Mixed Production Results and Tragedy

Zimplats Reports Mixed Production Results and Tragedy

Zimplats Holdings Limited (AU:ZIM) has released an update.

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Zimplats Holdings Limited reported a somber quarter with a fatal accident at Mupfuti Mine and a slight decline in production metrics. The company saw a 1% decrease in 6E head grade and cash cost per ounce, a 2% increase in mined volumes year-on-year, but a decrease in 6E metal in final product by 4-5% compared to the previous year and quarter, respectively.

For further insights into AU:ZIM stock, check out TipRanks’ Stock Analysis page.

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