Bravura Zimbabwe Implements In-House Strategy for Project Resilience
Bravura Zimbabwe is advancing three projects: Bravura Platinum, Bravura Lithium, and Bravura Iron, with the lithium project expected to launch first. The company emphasizes a vertically integrated strategy to mitigate risks associated with contractors, ensuring resilience during market fluctuations. Significant progress includes completed exploration for the platinum project and readiness of equipment for the Kamativi project. The company has maintained its workforce without retrenchments, contributing to operational stability.
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Bravura Zimbabwe is developing three projects: Bravura Platinum, Bravura Lithium, and Bravura Iron, with the lithium project in Kamativi set to launch first. The company employs a vertically integrated strategy to manage costs and mitigate contractor performance risks, which has allowed it to avoid retrenchments amid global price softening.
Progress includes completed exploration for the platinum project in Selous, ongoing feasibility studies, and readiness of equipment for the Kamativi project. Drilling at the iron project in Manhize is at an advanced stage. Bravura holds a 3,000 ha concession in Selous and a 60%:40% joint venture with the government in Kamativi.
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