Zimplats Holdings Ltd 2015 IR

The report highlights Zimplats' performance for the fiscal year 2015, during which the company achieved zero fatalities across all operations and improved its total injury frequency rate. However, the company faced significant challenges, including a major ground collapse at Bimha Mine and a furnace shell breakout, which led to reduced mining and milling volumes. Financially, Zimplats recorded a loss after tax of US$74.3 million, heavily impacted by declining metal prices, asset write-offs, and an unfavorable court ruling on additional profits tax. Despite these setbacks, the company progressed with its local supplier development, with local procurement accounting for 71% of total purchases, and completed feasibility studies for the refurbishment of the Selous Metallurgical Complex base metal refinery.

Company: Zimplats Holdings Ltd

Sector: Materials

Country: Guernsey

Year: 2015

Type: IR

Pages: 87

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Zimplats Holdings Ltd

Zimplats Holdings Ltd 2015 Integrated Annual Report

Integrated Annual Report

The report highlights Zimplats' performance for the fiscal year 2015, during which the company achieved zero fatalities across all operations and improved its total injury frequency rate. However, the company faced significant challenges, including a major ground collapse at Bimha Mine and a furnace shell breakout, which led to reduced mining and milling volumes. Financially, Zimplats recorded a loss after tax of US$74.3 million, heavily impacted by declining metal prices, asset write-offs, and an unfavorable court ruling on additional profits tax. Despite these setbacks, the company progressed with its local supplier development, with local procurement accounting for 71% of total purchases, and completed feasibility studies for the refurbishment of the Selous Metallurgical Complex base metal refinery.

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Document Details

Report Year

2015

Reporting Period

Jul 1, 2014 - Jun 30, 2015

Fiscal Year

2015

Type

Integrated Report

Language

English

Pages

 

File Size

 

Standards & Assurance

Reporting Standards

Materiality Assessment

Assurance

Assurance Provider

Assurance Standard

ESG Data?Experimental — AI-extracted data, may contain inaccuracies

Emissions

Scope 1:

Scope 2:

Energy Consumption

Water Consumption

Women on Board

Women in Management

Workplace Fatalities

Employees