Sibanye-Stillwater and Impala Platinum form Mimosa JV in Zimbabwe
1 report, 1 independent
Updated Oct 13
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What happened
Sibanye-Stillwater and Impala Platinum established a 50:50 joint venture named Mimosa. Mimosa operates a mine in Zimbabwe and recently upgraded the Mberengwa District Hospital in the Midlands province. The refurbishment added modern equipment and specialized facilities for over 50,000 people who previously faced long journeys for care.
From riotimesonline.com
Why it matters
Mimosa produces platinum-group metals used in car exhaust systems. The joint venture's ownership ties the Zimbabwean operation to shares held by United States investors.
From riotimesonline.com
Who's involved
- Sibanye-StillwaterPartner in the Mimosa joint venture
- Impala PlatinumPartner in the Mimosa joint venture
Keep exploring
The entities involved
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Sibanye-Stillwater
the largest individual producer of gold from South Africa
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Impala Platinum
multinational mining corporation based in South Africa