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Nickel mine placed under administration

Zimbabwe’s only operating nickel mine was on Thursday placed under administration, according to a government notice, seven months after halting production due to equipment failure and low prices.

Zimbabwe’s government owns 70% of.

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335 views

Caledonia revenue to grow 17% FY24

LEADING research firm Inter Horizon Securities (IH) has projected that revenue at the Victoria Falls Stock Exchange-listed Caledonia Mining Corporation will grow by 17% to US$171 million in the financial year 2024.

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442 views

Mineral wealth vs sustainable development

Africa, rich in natural resources, stands at a crossroads between leveraging its abundant mineral wealth and ensuring sustainable development. The continent’s story, often told through the lens of its vast resources —.

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Mining director up for US$5m fraud

A DIRECTOR with a mining company has been arrested and arraigned before the courts facing a charge of fraudulently transferring ownership of his late partner in the firm.

The fraud case according to.

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354 views

BNC appoints Masvipe as acting FD

MINER, Bindura Nickel Corporation Limited (BNC), has appointed Simon Masvipe as acting finance director (FD) for continuity of the business, after the resignation of a substantive head.

Last month’s resignation of Masvipe’s predecessor,.

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358 views

Cyanide spillage scare in Guruve

GURUVE residents have raised health fears following the contamination of their major water source, Dande River as a result of an accidental cyanide spillage at Eureka Gold Mine in Guruve Mashonaland Central.

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