Home Buyzim 24 Platinum Giants Scoop Buy Zimbabwe Awards

Platinum Giants Scoop Buy Zimbabwe Awards

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Platinum giants Mimosa and Zimplats basked in the limelight as they scooped top awards at the Buy Zimbabwe 2021 Annual Awards held in the capital last Friday.

Mimosa scooped the Corporate Social Responsibility Award of the year for its commitment to forging mutually beneficial relationships with its stakeholders, especially the host community. The company’s interventions in the community are guided by the twin philosophies of Investing Beyond Mining and Let’s Go Zero.

The first one recognises the finiteness of the extractable resource Mimosa is mining and leverages on current production to invest in projects in the community that leave lasting legacies and outlive the life of mine.

The second strategic thrust emphasises the importance of safety and the elimination of all harm in mining operations and in the surrounding community.

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In its corporate social investments, Mimosa has excelled by setting aside a certain percentage of its total revenue every year which is within the region of US$2,5 million to US$3 million for its projects in the community.

The company also scooped the first runner-up award in the Buy Zimbabwe Mining Company of the Year accolade.

Zimplats scooped the Buy Zimbabwe Mining Company of the Year Award and was first runner-up in the Buy Zimbabwe Enterprise Development Support Award and second run-up in the Buy Zimbabwe Local Procurement Award.

Zimplats is the leading mining company in Zimbabwe specialising in Platinum Group Metals such as platinum, palladium, rhodium, iridium, ruthenium, and osmium. Zimplats signed a memorandum of understanding with the Government of Zimbabwe in 2021 that will see the company investing $1.8 billion to expand its operations by the year 2025.

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