Todal Mining Fails to Deliver on 20‑Year Platinum Plan

Todal Mining Fails to Deliver on 20‑Year Platinum Plan

Todal Mining, once billed as one of Zimbabwe’s biggest platinum ventures, has gone quiet. Investors are said to have walked away, leaving Mines Minister Winston Chitando under pressure to cancel its licence. The claims, originally taken from Anglo American Platinum and later passed through several owners, sit right next to AngloPlat’s Unki Mine in Shurugwi.

A project gone missing

Government insiders say Todal has been changing hands administratively, but there’s little sign of actual development. Local partners have disappeared, international shareholders appear unable to run operations, and the Bokai and Kinonde concessions remain untouched. Cabinet has already instructed Chitando to follow up, warning that the concessions could be seized if no progress is made.

Political maneuvering

Sources suggest Midlands politicians are lobbying for a well‑known mining tycoon to take over the project. With platinum investment heating up, they argue the dormant concessions are wasting potential in a province that already hosts successful mining operations.

What was expected

Todal was projected to run for 20 years, producing around 150,000 tonnes of platinum ore per month. But it needed a US$250 million investment to get started, and that funding never materialized. The government has been pressing for a roadmap, but so far, nothing concrete has emerged.

The bigger picture

Zimbabwe holds the world’s third‑largest platinum group metal reserves, yet only three projects are in full production. Great Dyke’s Darwendale project has stalled, and Karo Resources is still in early stages. Against that backdrop, the failure to advance Todal is seen as a missed opportunity for the country’s US$12 billion mining industry target.

About Todal Mining

Todal Mining Limited controls the Bokai and Kinonde concessions in Shurugwi, adjacent to AngloPlat’s Unki Mine. The project was expected to deliver significant platinum output over a 20‑year life but has struggled to secure the investment needed to begin operations.

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