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FEATURED
Mining Index Zimbabwe
- April 29, 2022
251 views 4 mins

Stop the lithium mineral plunder in Zimbabwe

THE current state of lithium mining in Zimbabwe exposes a very important issue which authorities must give due attention. The hope is that authorities are not deliberately looking sideways when clear plunder is taking place to benefit from the kickbacks that come as benefits of playing to the tune of big multinationals during the consummation […]

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214 views
FEATURED
Mining Index Zimbabwe
- April 29, 2022
214 views 3 mins

China cuts coal import tariffs to zero to increase supply

China will cut import tariffs for coal to zero from May to the end of March to help guarantee energy supplies, the Ministry of Finance said in a statement. Current tariffs range from 3% to 6% depending on the type of coal, the ministry said in a statement dated April 26 and posted to its […]

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162 views
FEATURED
Mining Index Zimbabwe
- April 29, 2022
162 views 29 secs

UK slaps 35% tariffs on Russian diamonds

The UK has imposed heavy tariffs on Russian diamonds as it attempts to up the pressure on President Vladimir Putin following the country’s invasion of Ukraine. The government has increased import duties by 35 percentage points on a range of precious and semiprecious stones and metals from Russia and Belarus, it announced last week. These […]

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255 views
FEATURED
Mining Index Zimbabwe
- April 29, 2022
255 views 58 secs

Zimbabwe’s President confirms Cape Town Mining Indaba attendance

Zimbabwe’s President Emmerson Mnangagwa has been confirmed as an attendee at this year’s Investing in African Mining Indaba to be held in Cape Town from May 9 to 12. He will join other heads of State, including South African President Cyril Ramaphosa, Botswana President Dr Mokgweetsi Eric Keabetswe Masisi, Zambia President Hakainde Hichilema and Democratic […]

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403 views
FEATURED
Mining Index Zimbabwe
- April 29, 2022
403 views 11 mins

Zim govt is plotting to strip state mine assets to hide from US$467m in legal claims, but there’s resistance from within

What do you do when your company has claims of close to half a billion US dollars against it? Strip its assets and hide them under another company. Internal documents reveal how the Zimbabwe government plans to strip assets from its state-owned mining company to stave off US$467 million in claims from creditors. Through the […]

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280 views
FEATURED
Mining Index Zimbabwe
- April 29, 2022
280 views 31 secs

Miners take ZFTU to court

THE Zimbabwe Federation of Trade Unions is being sued by its affiliate, the Zimbabwe Diamond and Allied Minerals Workers Union (ZDAMWU), over a general conference scheduled for next month. ZDAMWU has filed an urgent High Court application, seeking to stop the conference. ZFTU Secretary General, Kenias Shamuyarira, is being accused of trying to illegally impose […]

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197 views
FEATURED
Mining Index Zimbabwe
- April 29, 2022
197 views 6 mins

Implats reports 6% lower refined production amid challenging operating landscape

The gross refined production of platinum group metals (PGMs) mining company Implats declined by 6% to 2.35-million ounces in the nine months to March 31, when sales volumes of 2.38-million ounces were 4% lower than the prior comparable period. “The operating landscape continues to be challenging,” Implats CEO Nico Muller stated in a release on […]

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231 views
FEATURED
Mining Index Zimbabwe
- April 28, 2022
231 views 2 mins

TotalEnergies ramps up buybacks after earnings leap

TotalEnergies (TTEF.PA) will expand plans to buy back its own shares, the French energy group said on Thursday after first-quarter core earnings rose sharply on soaring oil and gas prices. The oil and gas major, which is bolstering its renewables and electricity portfolios, is now planning $3 billion of share buybacks during the first half […]

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235 views
FEATURED
Mining Index Zimbabwe
- April 28, 2022
235 views 18 secs

De Beers’ 15 ct blue diamond sold for $58m at Sotheby’s

The De Beers’ Cullinan blue diamond has been auctioned for HK$450.9-million ($57.5-million) at Sotheby’s in Hong Kong. The 15.1 carat, fancy vivid blue diamond was sold Wednesday evening to an unnamed buyer. The step-cut gem, recovered from the Cullinan mine in South Africa, is the largest vivid blue diamond ever to appear at an auction. […]

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176 views
FEATURED
Mining Index Zimbabwe
- April 27, 2022
176 views 17 secs

Petra looks to offload South Africa mine

Petra Diamonds is exploring options for exiting its Koffiefontein mine in South Africa, noting that another company could extend the site’s operations beyond the scheduled closure date of 2025. The deposit has an estimated resource of approximately 5.25 million carats remaining, 1.1 million of which are indicated diamonds, meaning tests have confirmed their presence, Petra […]

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