Platinum miner, Mimosa Mining Company, has put its US$134 million North Hill project on hold due to a challenging operational environment, characterised by declining global prices among other challenges. The project, intended to replace the South Hill mine, has been suspended, pending an improvement in market conditions, according to Stephen Ndiyamba, general manager at Mimosa. Advertisement“We have felt that impact and we have taken various measures to correct the situation and remain in business. “We have planned to start what we call the North Hill Project, which is a new shaft located about 6 kilometres from our current operation. To counter that, the company plans to develop a new area, called North Hill.
