The sector continues to struggle following the policy uncertainty debacle it suffered in the recent past.
Zimbabwe is planning to build a base metals and precious metals refinery that will process platinum from all the country’s platinum mines, a budget statement released on Thursday said.
South Africa’s Public Investment Corporation (PIC) said it will support a takeover of platinum producer Lonmin by precious metals producer Sibanye-Stillwater.
Mining production contracted for the second consecutive month year-on-year.
The South African Revenue Service has been urged to apply punitive measures on corporate companies especially mines that are evading tax while doing business with companies in neighbouring countries.