191 views
FEATURED
Mining Index Zimbabwe
- April 25, 2022
191 views 2 mins

Q1 gold export receipts up 123%

Zimbabwe’s gold export receipts increased 123% to US$463.1m in the first quarter of this year from US$207.23m in the prior comparative period owing to firming commodity prices on the international market. It came after gold deliveries for the period under review jumped 92% to 7.695 tonnes from 4.016 tonnes in the comparable period. The Reserve […]

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355 views
FEATURED
Mining Index Zimbabwe
- April 25, 2022
355 views 3 mins

De Beers invests $2m in Kelp Blue to explore marine carbon reduction solutions

iamonds multinational De Beers Group is investing $2-million in Kelp Blue, a startup focused on growing and managing large-scale giant kelp forests, initially off the Namibian coast. These underwater forests have the potential to safely and permanently lock away vast amounts of carbon dioxide in the ocean. Research has shown that kelp forests have carbon […]

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345 views
FEATURED
Mining Index Zimbabwe
- April 22, 2022
345 views 2 mins

Zimplats supports Gwebi College with US$500 000 dairy parlour

PLATINUM miner Zimplats Holdings on Thursday handed over a dairy parlour project worth over US$500 000 to the Gwebi College of Agriculture, which will enhance its ability to generate revenue through increased commercial milk sales. Commissioning the facility, Vice President Constantino Chiwenga said the college will also supply neighbouring communities with milk. “As part of […]

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334 views
FEATURED
Mining Index Zimbabwe
- April 22, 2022
334 views 4 mins

Gold output rockets as new assets dig deeper

OUTPUT from Zimbabwe’s gold mines firmed to 7,6 tonnes during the first quarter, driven by fresh investments into resuscitating idle assets, as big operators deepened shafts. The sector produced four tonnes during the same period in 2021, according to market data. But already, experts are seeing production gaining traction during the coming quarters, with output […]

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168 views
FEATURED
Mining Index Zimbabwe
- April 22, 2022
168 views 2 mins

Union demands US$600 salary for mine workers

REPRESENTATIVES of mine workers in the country have launched a fresh bid to have their hard currency salaries increased as the economic situation in the country continues to deteriorate. The Zimbabwe Diamond and Allied Minerals Workers Union (ZDAMWU) is demanding at least US$600 per month for every mine worker in the country, accusing mine owners […]

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300 views
FEATURED
Mining Index Zimbabwe
- April 21, 2022
300 views 2 mins

Prospect Resources completes US$377m sale of Zimbabwe lithium project

Prospect Resources has advised the sale of the Prospect group’s 87% interest in the Arcadia Lithium Project to a subsidiary of new energy lithium-ion battery material producer, Zhejiang Huayou Cobalt Co., completed on 20 April 2022. As announced by Prospect on 23 December 2021, the Transaction was for a cash consideration of approximately US$377.8 million. […]

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189 views
FEATURED
Mining Index Zimbabwe
- April 19, 2022
189 views 4 mins

Mining tax experts push for MMCZ-style exploration plan

ZIMBABWEAN tax experts this week reactivated the push for government to establish a public exploration firm, as they cast doubts over the credibility of mining data from private multinationals. Giving insights during a workshop, which ran under the theme; ‘Fight Inequality’, which gave journalists an impression of tax dynamics in the resources sector, the experts […]

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333 views
FEATURED
Mining Index Zimbabwe
- April 19, 2022
333 views 2 mins

Premier African Minerals progressing Zimbabwe project with new funding

Aim-listed Premier African Minerals, which is conducting a definitive feasibility study (DFS) on its Zulu lithium and tantalum project, in Fort Rixon, Zimbabwe, has accepted a subscription of £12-million before expenses from Suzhou TA&A Ultra Clean Technology that is sufficient to fully fund completion of the DFS and the additional resource work that is already […]

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135 views
FEATURED
Mining Index Zimbabwe
- April 19, 2022
135 views 41 secs

De Beers cautious despite April sales surge

De Beers reported strong sales at its April sight but warned of a slowdown due to the war in Ukraine and coronavirus lockdowns in China. “As we head into the seasonally slower second quarter of the year, diamond businesses are adopting a more cautious and watchful approach in light of the war in Ukraine and […]

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236 views
FEATURED
Mining Index Zimbabwe
- April 19, 2022
236 views 59 secs

B2Gold reports solid first-quarter performance

Canada-based B2Gold last week reported solid performances from its three operating mines, with each exceeding its budgeted production for the first quarter of 2022. The miner produced 196 472 oz from its three operating mines, which is 4% above target. Including attributable production from Calibre Mining, total output was 209 365 oz. Production was lower […]

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