367 views
FEATURED
Mining Index Zimbabwe
- April 19, 2022
367 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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146 views
FEATURED
Mining Index Zimbabwe
- April 19, 2022
146 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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268 views
FEATURED
Mining Index Zimbabwe
- April 19, 2022
268 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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415 views
FEATURED
Mining Index Zimbabwe
- April 19, 2022
415 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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462 views
FEATURED
Mining Index Zimbabwe
- April 19, 2022
462 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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416 views
FEATURED
Mining Index Zimbabwe
- April 19, 2022
416 views 2 mins

Violence breaks out at Matobo’s Dandi 5 mine

VIOLENCE erupted on Wednesday last week at Dandi 5 gold mine in Matobo, Matabeleland South province, after people suspected to be from Harare invaded the mine. The gang reportedly used machetes and unidentified weapons to drive out workers from the mine. Confirming the incident, mine owner Ndodana Moyo told Southern Eye that: “The gang came […]

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229 views
FEATURED
Mining Index Zimbabwe
- April 13, 2022
229 views 2 mins

South Africa sets $900m yearly mineral exploration target

South Africa, home to the world’s biggest deposits of a number of minerals, has set an annual target of attracting $900-million of mining exploration expenditure annually by 2025. The target, equivalent to 5% of the annual spend on exploration globally, is expected to kick start a mining industry, that while among the world’s biggest, has […]

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169 views
FEATURED
Mining Index Zimbabwe
- April 13, 2022
169 views 2 mins

Uganda seeks investors to revive copper mine

Uganda said on Tuesday it was inviting expressions of interest from investors to restart a vast copper mine in the country’s west that also holds significant cobalt deposits. The Kilembe mine, which sits on the foothills of the ice-capped Rwenzori mountains on the border with Democratic Republic of the Congo, is estimated by government geologists […]

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315 views
FEATURED
Mining Index Zimbabwe
- April 13, 2022
315 views 2 mins

World Diamond Council ends Alrosa’s membership

The World Diamond Council (WDC) ended Alrosa’s membership on Friday in response to the latest US sanctions against the Russian miner. “The deciding factor [was] the sanctions issued by OFAC [the Office of Foreign Assets Control] on the evening of [April 7],” the WDC said Monday. “The termination of membership includes the cessation of any […]

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388 views
FEATURED
Mining Index Zimbabwe
- April 13, 2022
388 views 2 mins

Tsenengamu vows to take over SA-owned Zimplats over operation Dudula

Opposition Front for Economic Emancipation in Zimbabwe (FEEZ) leader, Godfrey Tsenengamu, says he is planning to lead masses to seize South Africa-owned Zimplats in retaliation against the ongoing xenophobic attacks against the country’s citizens in the neighbouring country. Stirred by the brutal killing of Elvis Nyathi in Diepsloot last week, Tsenengamu blamed Emmerson Mnangagwa for […]

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