Premier African Minerals has announced a subscription of 4.5-billion shares to raise £1.58-million before expenses at an issue price of 0.035p per new ordinary share.
The funds raised will be primarily used to.
Zimbabwe’s central bank is again issuing gold coins it scrapped ten months ago, a step it took to ramp up the bullion stockpile used to back up the local currency, the ZiG.
Minting.
MINING sector employees will get a 5% salary increment between January and December this year, following an agreement between the industry and the National Employment Council (NEC) for the sector.
The new developments.
Zimbabwe’s latest mineral sales report paints a mixed picture—volumes are up, but lower commodity prices have weighed heavily on earnings. But there’s a bright spot: steel has returned to the country’s export.
Caledonia Mining has kicked off 2025 with a strong performance, setting a new first-quarter production record at its flagship Blanket Mine.
The company has announced quarterly gold production of 18,671 ounces, beating the.
AN association of miners has urged the government to open expired Exclusive Prospecting Orders (EPOs) to local miners to help address unemployment and foster development in resource-rich communities.
Mines and Mining Development minister.
State-owned Zimbabwean mining firm is trying to protect assets that risk being seized because the country failed to honour a debt incurred when it lost an international arbitration case over cancelled nickel.
JERSEY-BASED miner Caledonia Mining Corporation Plc has paid out significant bonuses to its five executive managers for the 2024 financial year, citing outstanding achievement of key performance indicators.
Last year, Caledonia overturned a.
ARVOGEN Jefmak Resources Pvt Ltd has pleaded for government’s intervention in its dispute with Shangani Holistic Private Limited over proposed mining operations on the latter’s Shangani Ranch as its environmental licence expires.
Kuvimba Mining House expects to produce 3,600kg of gold in the financial year ending March, a 12.5% increase from the previous year. To support this growth, the company plans to invest $38.
