×
284
Fashion Jobs
NEWELL
Analyst, Power BI
Permanent · CHENNAI
NEWELL
Associate Manager, Brand Marketing
Permanent · MUMBAI
360 REALTORS
Team Leader/Area Sales Manager/Team Handling - Sales
Permanent · Pune
N R AROMAS
Area Sales Manager
Permanent · Indore
THE INFINITY SPACE
Area Sales Manager - Kotak Group | Hiring Urgently
Permanent · Faridabad
THE INFINITY SPACE
Area Sales Manager
Permanent · Ambala
SUPRO CONSULTING
on Roll - Area Sales Manager
Permanent · Nagpur
QUICK JOBS
Area Sales Manager -Loyalty Channel
Permanent · Ghaziabad
AVANTOR
Area Sales Manager - Chromatography || Hyderabad
Permanent · Hyderabad
PERFECT PUBLISHING SOLUTIONS
Area Sales Manager & Sales Executive-Exp/ Freshers-All India Openings
Permanent · Lucknow
ACME SERVICES PRIVATE LIMITED
Salon Manager/ Area Salon Manager/ Sales Head/ Center Head
Permanent · Mumbai
MAICO VENTILATION PVT LTD
Area Sales Manager - Madhya Pradesh
Permanent · Indore
ACME SERVICES
Finance Manager With a Leading Fashion Brand
Permanent · Surat
HOMEBAZAAR.COM
Hiring For Sales Manager - Real Estate - @ Andheri/Lower Parel
Permanent · Navi Mumbai
ADIDAS
Senior Manager Marketing Operations
Permanent · GURUGRAM
PEOPLE LINK
Immediate Opening of Sales Manager-Home Furnishing-Panipat
Permanent · Panipat
ROYAL TRANSPORT CORPORATION
Sales & Marketing Manager (Full Truck Load And Odc Project Transport)
Permanent · Nashik
MADHU JAYANTI INTERNATIONAL
Area Sales Manager
Permanent · Patna
DMART
Opening For The Post of Circle Head - Operations
Permanent · Bengaluru
PERSOLKELLY INDIA
Area Sales Manager- Corporate Sales-Faridabad- Relocation Company
Permanent · Faridabad
NR CONSULTING
Requirement- Sales Manager- Mumbai
Permanent · Mumbai
XWELL HUMAN RESOURCE
Area Sales Manager All Rajasthan Fmcg Company
Permanent · Ajmer
By
Reuters
Published
May 3, 2010
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Zimplats third quarter profit up 14 percent on platinum price

By
Reuters
Published
May 3, 2010

JOHANESBURG, May 3 (Reuters) - Impala Platinum's (IMPJ.J) Zimbabwe unit Zimplats Holdings (ZIM.AX) said on Monday 3 May metal output in concentrate fell to 93,845 ounces in the third quarter, but profits rose 14 percent on firmer metal prices.



Zimplats, majority owned by South Africa's Implats -- the world's No. 2 platinum producer -- said operating profit rose 14 percent to $57 million in the March quarter compared with the December quarter.

The company produced 94,670 ounces in the December quarter.

The company said metal prices continued an upward trend in the quarter in line with the global economic recovery and also increased investor interest in platinum group metals.

Zimplats said revenue for the quarter was 9 percent higher than the preceding quarter, reflecting the increased sales volumes and improved metal prices.

Operating costs rose 4 percent in line with the sales.

The company said it would go ahead with its Ngezi phase II expansion project estimated to cost $445 million.

The expansion of the mine will lift annual platinum output to 270,000 ounces from 180,000 ounces.

Completion of the project will depend on among other things, compliance of Zimbabwe's proposed indigenisation laws and an agreement with the government on the $34 million the company is owed by the Reserve Bank of Zimbabwe.

Zimplats said the development of Bimha Mine remained on course for completion by May 2011. (Reporting by Shapi Shacinda)

© Thomson Reuters 2023 All rights reserved.