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A CHINESE mining company, Freestone Mines will consult local residents on its planned quarry mine operations earmarked at the deforested Dangamvura Mountain. Last year, the Mutare City Council leased its 6,5-hectare stand situated surrounding Dangamvura Mountain to Freestone Mines. The Chinese miner will pay a US$7 557 annual fee to the local council to conduct […]

CHINESE mining company, Monaf Investments has given villagers in Muchesu ward 12, Binga, three months’ notice to vacate their ancestral land after it was granted a permit to extract coal in the area. This is not the first group of Binga villagers to be ordered off their ancestral land to pave way for Chinese coal […]

CALEDONIA Mining Corporation lifted gold output at Zimbabwe-based Blanket Mine by 17% last year, after scaling up throughput at the “game-changing” Central Shaft, an underground operation that blasted off its first bullion in April, according to chief executive officer Steve Curtis. In a shareholder update on Tuesday, Curtis said the firm scaled up output to […]

Prospect Resources and Huayou International have moved a step closer to sealing a US$422 million acquisition deal, winning key regulatory approvals in China and cancelling a previous offtake deal with another Chinese company, Sinomine. Huayou, one of the world’s biggest companies in the battery metals business, announced in December that it would buy Prospect Resources, […]

Gold miner Caledonia Mining achieved record production of 67 476 oz of gold from the Blanket mine, in Zimbabwe, during 2021, exceeding its revised increased guidance. Output was also 17% higher year-on-year. For the quarter ended December 31, 2021, production was 18 604 oz – a 24% increase on the 15 012 oz produced in the […]