January 1, 1970

Zimplats slashes capex spend, freezes new labour

Low platinum prices and a loss for the six months end-December 31 have forced Impala Platinum-owned Zimplats to cut capital expenditure by 54%. Source: News
January 1, 1970

Sustainable Optimum important for Gupta company

The future sustainability of the Optimum Coal Mine is very important for Oakbay Investments, the holding company for the Gupta family’s businesses. Source: News
January 1, 1970

Tegeta-Optimum merger approved with condition

The Competition Tribunal has approved the controversial merger between Gupta-owned Tegeta Exploration and Resources and Optimum Coal Mine. Source: News
January 1, 1970

Zim govt faces lawsuit from diamond miners

Diamond mining firms ordered by Robert Mugabe’s government to stop operations in the country’s east are weighing their options, with some starting litigation talks. Source: News