152 views
FEATURED
Mining Index Zimbabwe
- December 20, 2021
152 views 4 mins

Global coal-fired power demand at all-time high, threatening net zero goals

Global coal-fired electricity generation is powering towards an all-time high, as the rapid economic recovery of 2021 has pushed up demand faster than low-carbon supplies can keep up, while steeply rising natural gas prices have made coal more competitive, says the International Energy Association (IEA). In its ‘Coal 2021’ report, published on December 17, the […]

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442 views
FEATURED
Mining Index Zimbabwe
- December 20, 2021
442 views 8 mins

SMM ghost resurfaces

GOVERNMENT’S 2005 hostile take-over of the Shabanie-Mashava Mines (SMM) Holdings has resurfaced with the Reconstruction Act, blamed by many for destroying several companies, coming into the spotlight. Former SMM workers, who are languishing in abject poverty in and around Zvishavane, believe the law brought nothing but suffering for former mine workers who are still waiting […]

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306 views
FEATURED
Mining Index Zimbabwe
- December 20, 2021
306 views 3 mins

Chinese miners’ trucks damaging our roads: Mayor

GWERU mayor Josiah Makombe has blamed Chinese-owned mining vehicles for damaging city roads. Makombe said the Midlands capital was witnessing a proliferation of Chinese companies venturing into chrome smelting, but contributing little to infrastructural development. He said the impact of some mining operations in the province had become a cause for concern, particularly on the […]

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159 views
FEATURED
Mining Index Zimbabwe
- December 20, 2021
159 views 4 mins

Suitors eye Zulu lithium project stake

Premier African Minerals Limited is in discussions with various suitors interested in taking up a stake in its Matabeleland based Zulu Lithium project and due diligence is in progress. Premier African Minerals is a multi-commodity mining and natural resource development company focused on Southern Africa with its RHA Tungsten and Zulu Lithium projects in Zimbabwe. […]

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166 views
FEATURED
Mining Index Zimbabwe
- December 17, 2021
166 views 2 mins

China warns companies to get permits before ‘blindly’ visiting Afghanistan for minerals

China’s embassy in Afghanistan warned its companies and citizens on Friday not to “blindly” visit the country to inspect mineral resources, after reports of foreigners being detained without exploration permits. Afghanistan’s Ministry of Mines and Petroleum has “extremely strict” standards for issuing permits for prospecting for minerals, the embassy said, adding that companies and individuals […]

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178 views
FEATURED
Mining Index Zimbabwe
- December 17, 2021
178 views 8 mins

Congo anti-graft chief says $530 million in mining payments missing

The Democratic Republic of Congo’s central bank has failed to account for $530 million that state mining company Gecamines says it paid to the government mostly during former President Joseph Kabila’s final term in office, the nation’s top anti-corruption official said. The disappearance of the so-called tax advances was flagged by Inspector General of Finance […]

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207 views
FEATURED
Mining Index Zimbabwe
- December 16, 2021
207 views 7 mins

Treasury descends on Chinese miners

Treasury will audit some Chinese gold mining operations amid revelations they have been importing equipment duty-free but failing to sell the yellow metal to Fidelity Printers and Refineries (FPR). Government had introduced a rebate and tax relief system that saw mining companies import capital equipment duty-free to ramp up production. “The new proposed measures will […]

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332 views
FEATURED
Mining Index Zimbabwe
- December 16, 2021
332 views 2 mins

Two panners die in Banket mine shaft collapse at Ziyambi farm

TWO illegal gold panners died Monday while another was seriously injured and hospitalised after a shaft they were working in collapsed at a Banket farm. The illegal prospectors had allegedly dug pits in search of gold at ID Farm situated six kilometres from Banket, along the Mazvikadei Resort Road. The farm is owned by former […]

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158 views
FEATURED
Mining Index Zimbabwe
- December 16, 2021
158 views 2 mins

Mining companies urged to pay workers

ZIMBABWE Mining Workers (ZMW) president Kurebwa Javangwe Nomboka has urged mining companies to pay their workers COVID-19 allowances as the sector is regarded an essential service. Nomboka urged the mine workers’ National Employment Council (NEC) to push for the allowances as mine workers were at high risk of contracting the coronavirus. Last year, the government […]

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226 views
FEATURED
Mining Index Zimbabwe
- December 16, 2021
226 views 3 mins

Premier sets aside US$1,1m for Zim projects

ZIMBABWE-focused miner Premier African Minerals has raised £800 000 (approximately US$1,1 million) via a placing, with the proceeds to be used at the Zulu Lithium and Tantalum projects in Zimbabwe. The company said it had placed 500 million new ordinary shares at a price of 0,16 pence a share. Premier owns the RHA Tungsten, Zulu […]

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