257 views
FEATURED
Mining Index Zimbabwe
- January 24, 2022
257 views 44 secs

Angola picks Trans Atlantic to oversee tenders

Angola’s national diamond-trading company has appointed Dubai-based Trans Atlantic Gem Sales (TAGS) to manage its tenders as the African country continues to reform its mining industry. Sodiam has also chosen First Element to carry out diamond boiling, it said last week. Several bidders took part in a selection process that began in May 2021. While […]

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214 views
FEATURED
Mining Index Zimbabwe
- January 24, 2022
214 views 2 mins

De Beers brand guru Stephen Lussier to step down

Stephen Lussier, one of De Beers’ most recognizable and influential figures, will stand down from his role after almost four decades at the company. The miner has recruited Tiffany & Co. executive Marc Jacheet to succeed him. Lussier will leave his position as De Beers’ executive vice president for brands and consumer markets on April […]

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278 views
FEATURED
Mining Index Zimbabwe
- January 24, 2022
278 views 2 mins

India’s State power giant looks to coal imports to avoid crunch

India’s largest electricity producer is stepping up a campaign of coal imports as the nation seeks to avoid a new power crunch. State-run NTPC has sought about 10-million tons of overseas coal since it issued its first international tender in two years in October, according to documents posted on its website. The reversal after years […]

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400 views
FEATURED
Mining Index Zimbabwe
- January 24, 2022
400 views 14 secs

China’s Zijin Mining launches first lithium exploration project in DRC

China’s Zijin Mining Group Co. Ltd said on Monday it had officially launched its first lithium exploration project through a joint venture with Democratic Republic of Congo- (DRC-) owned firm Cominiere. The joint venture, called Katamba Mining, has secured mining rights to two greenfield exploration and mining projects at the periphery of the Manono lithium […]

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424 views
FEATURED
Mining Index Zimbabwe
- January 24, 2022
424 views 5 mins

Zim’s gold price expected to be volatile in 2022

By Eben Mabunda Gold prices declined on Tuesday January 18, pulled by a firming dollar and higher US Treasury yields, as investors braced for indications on interest rate hike timelines meant to tame inflation, ahead of next week’s Federal Reserve policy meeting (Jan 25-26). This saw spot gold weakening 0,1% to $1 816,93 per ounce […]

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261 views
FEATURED
Mining Index Zimbabwe
- January 24, 2022
261 views 5 mins

Mining sector upbeat about 2022

ZIMBABWE’S mining industry is projecting a significant increase in production this year despite battling Covid-19 related challenges that have been afflicting the sector for the past two years. According to the Chamber of Mines of Zimbabwe (CMZ), major increases in production this year are expected in diamonds, coal, gold and chrome. The latest CMZ report […]

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308 views
FEATURED
Mining Index Zimbabwe
- January 24, 2022
308 views 32 secs

Ex-Wenela workers continue to engage SA

Former Wenela workers have continued to engage South Africa over terminal benefits and called for a memorandum of understanding between the South African government and Zimbabwe. The former Wenela workers were exposed to harmful substances, which resulted in some of them contracting silicosis of their liver or tuberculosis during the time they worked at South […]

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301 views
FEATURED
Mining Index Zimbabwe
- January 24, 2022
301 views 23 secs

Miners engage regulator over increased power cuts

THE Zimbabwe Miners Federation (ZMF) has engaged the Zimbabwe Energy and Regulatory Authority over increased power cuts which are affecting their operations. ZMF chief executive officer Wellington Takavafira told NewsDay Weekender that the power cuts lasting several hours were affecting their day-to-day operations. “The power cuts, blackouts and load-shedding have greatly impacted negatively in terms […]

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171 views
FEATURED
Mining Index Zimbabwe
- January 24, 2022
171 views 4 mins

Chinese firms bite back as resource fallout mounts

CHINA’S usually quiet multinationals, controlling substantial interests in Zimbabwe’s economy, threw away courtesy and diplomacy on Sunday, standing up to rebuff “deplorable and groundless accusations” made by the civil society. Twenty-seven Zimbabwean civic society organisations courted the Chinese firms’ ire after piling a raft of accusations, such as fuelling extensive economic inequalities in the southern […]

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242 views
FEATURED
Mining Index Zimbabwe
- January 24, 2022
242 views 3 mins

Another Chinese company tries to evict villagers for a coal mine

YET another Chinese miner, Monalof, is embroiled in a bitter wrangle with villagers in Binga who are resisting is bid to evict them from their ancestral lands. The villagers were recently given a three months’ notice to vacate their homes and pave way for the establishment of a coal mine by Monalof. This was revealed […]

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