250 views
FEATURED
Mining Index Zimbabwe
- May 13, 2022
250 views 4 mins

Blanket Mine revenue rises 37%

GROSS revenues at the Victoria Falls Stock Exchange (VFEX)-listed Caledonia Mining Corporation increased by 37% to US$35,1 million in the first quarter of this year, reflecting a major increase in gold production and prices, the firm said yesterday. In the same period last year, gross revenue stood at US$25,7 million. In its results for the […]

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177 views
FEATURED
Mining Index Zimbabwe
- May 12, 2022
177 views 3 mins

Southern Africa must be pragmatic about a zero-emission future – Miasa

While the Mining Industry Association of Southern Africa (Miasa) supports the just transition to clean energy, the region must ensure it is pragmatic in its approach, says newly elected president Sokwani Chilembo. Chilembo is also the CEO of the Zambia Chamber of Mines. Speaking at an Investing in African Mining Indaba media conference on Wednesday, […]

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186 views
FEATURED
Mining Index Zimbabwe
- May 12, 2022
186 views 5 mins

Large-scale gold miners should help legitimate artisanal miners access formal markets

While a large proportion of artisanal or small-scale gold mining (ASGM) in Africa is illegitimate, companies operating in the large-scale gold mining (LSGM) sector in Africa should work to support responsible and legitimate ASGM operations wherever feasible and help them access the formal global gold market, market development organisation World Gold Council (WGC) CFO Terry […]

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194 views
FEATURED
Mining Index Zimbabwe
- May 12, 2022
194 views 15 mins

Africa’s energy transition paradox

FOSSIL energy is dirty. Its continued use is making an already bad situation worse. That humanity needs to grow its technology beyond reliance on fossil fuels is obvious in the face of the debilitating effects of their contribution to the vagaries of climate change. Industries across the world need urgent decarbonisation and transition to clean […]

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145 views
FEATURED
Mining Index Zimbabwe
- May 11, 2022
145 views 14 mins

Russia crisis prompts De Beers to fast-track Tracr

The recent geopolitical storm pushed De Beers to accelerate the expansion of its blockchain platform, chief brand officer David Prager said. The miner recently launched a scaled-up version of Tracr, enabling the industry to trace all De Beers diamonds through to the jewelry store. The business-to-business (B2B) tool lets retailers see a stone’s entire path […]

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207 views
FEATURED
Mining Index Zimbabwe
- May 11, 2022
207 views 2 mins

Padenga’s mining arm approves US$29m investment, expects to double gold output in 2022

Padenga expects to double gold output in 2022, backed by a US$29 million investment to start underground mining at Pickstone Mine and production from the newly reopened Eureka Mine. Eureka, which returned to production last year after being shut down for 20 years, poured its first gold in July and achieved commercial production volumes in […]

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353 views
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Mining Index Zimbabwe
- May 11, 2022
353 views 3 mins

Canadian firm moves to acquire 75% stake in Zim’s gold mine

CANADIAN based gold exploration and development company, Zephyr Minerals Ltd, is planning to acquire 75% stake in Zimbabwe’s Manicaland-based Chikanga Gold Mine in a deal that is pending due diligence in the coming fortnight. If the deal sails through, Zephyr will acquire 75% of the 40 hectares of the mine from Hiltouch Investments (Pvt) Limited. […]

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177 views
FEATURED
Mining Index Zimbabwe
- May 10, 2022
177 views 2 mins

New project aims to restore damaged mining land

Nongovernmental organization Resolve has launched a project to rehabilitate land affected by artisanal and small-scale diamond mining in Africa. After miners leave a site, local inhabitants lose arable land they need for basic farming, as soil gets depleted and abandoned pits fill with water, Resolve explained in a statement last week. They also face insect-borne […]

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220 views
FEATURED
Mining Index Zimbabwe
- May 10, 2022
220 views 2 mins

De Beers now able to track all its diamonds

De Beers has expanded its Tracr blockchain platform to track all of its diamonds through to retail. The program will “underpin confidence in natural diamonds” and is a first step in enhancing standards in the industry, De Beers CEO Bruce Cleaver said Thursday. By deploying the platform “at scale,” De Beers will be able to […]

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353 views
FEATURED
Mining Index Zimbabwe
- May 10, 2022
353 views 5 mins

Artisanal and Small Scale-Mining Policy aimed at addressing illegal mining

Illegal mining is a critical challenge in the South African mining and minerals industry and, in response, Mineral Resources and Energy Minister Gwede Mantashe on March 30 published the Artisanal and Small Scale-Mining Policy 2022 for implementation. “The policy seeks to formalise the largely informal artisanal and small-scale mining industry. The policy recognises, among others, […]

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