307 views
FEATURED
Mining Index Zimbabwe
- April 22, 2022
307 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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263 views
FEATURED
Mining Index Zimbabwe
- April 22, 2022
263 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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136 views
FEATURED
Mining Index Zimbabwe
- April 22, 2022
136 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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247 views
FEATURED
Mining Index Zimbabwe
- April 21, 2022
247 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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144 views
FEATURED
Mining Index Zimbabwe
- April 19, 2022
144 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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302 views
FEATURED
Mining Index Zimbabwe
- April 19, 2022
302 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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107 views
FEATURED
Mining Index Zimbabwe
- April 19, 2022
107 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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186 views
FEATURED
Mining Index Zimbabwe
- April 19, 2022
186 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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317 views
FEATURED
Mining Index Zimbabwe
- April 19, 2022
317 views 4 mins

Plug all plunder loopholes

A MINISTRY of Mines and Mining Development probe into diamond exploration of big multinationals in the 1990s exposed shocking evidence of plunder. The big resources outfit, spirited away substantial tonnes of diamonds to South Africa, claiming that its shipments were only samples that were going to laboratories for studies. It is difficult to tell how […]

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369 views
FEATURED
Mining Index Zimbabwe
- April 19, 2022
369 views 8 mins

GAS PROJECT: Time to taste Invictus Energy’s Zimbabwean fruit

Invictus Energy expects to start drilling its major Zimbabwean prospect by July, bringing the long-awaited dream of founder and managing director Scott Macmillan to the test. Mobil, in the late 1980s, got the ball rolling with a seismic shoot. The US company did not go ahead to test the licence in the Cabora Bassa Basin, […]

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