SA miners in Zim encounter headwinds

Harare - Mining productivity in Zimbabwe is declining as operators there - including units of Impala Platinum [JSE:IMP], Anglo American Platinum [JSE:AMS] and Rio Tinto - grapple with low commodity prices and a challenging operating framework.

Zimbabwe has vast mineral resources spanning gold, platinum, chrome and coal among others.

However, miners there have struggled with the operating environment which has seen some companies shelve expansion projects, according to industry executives. The government is increasing demands on miners in the form of newer fees and taxes.