307 views
FEATURED
Mining Index Zimbabwe
- December 22, 2021
307 views 2 mins

Dallaglio spends US$5 million in Eureka refurbishment, operationalization

By Lucy Tandi HARARE (Mining Index) – DALLAGLIO Investments says it has channelled US$5 million towards the refurbishment and operationalization of Eureka Gold Mine. The Eureka Mine commissioning was held on the 21st of October 2021, officially inaugurated by His Excellency, the President of the Republic of Zimbabwe, Dr Emmerson Dambudzo Mnangagwa. The reopening programme […]

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285 views
FEATURED
Mining Index Zimbabwe
- December 21, 2021
285 views 22 secs

Billionaire-backed African Rainbow buys mothballed platinum mine

African Rainbow Minerals, backed by South African billionaire Patrice Motsepe, agreed to buy Anglo American Platinum’s mothballed Bokoni platinum mine for R3.5-billion. The deal comes after the world’s biggest platinum miners declared record dividends this year as rebounding demand for their metals from automakers bolstered earnings. African Rainbow, which has investments spanning manganese to gold, […]

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272 views
FEATURED
Mining Index Zimbabwe
- December 21, 2021
272 views 2 mins

Zim’s opaque mining deals sideline women: Report

OPAQUE mining contracts entered into by the government and shadowy companies continue to marginalise young women who are crowded out of the lucrative sector. The anomaly is contained in a recent paper published by the Economic Justice Women Project (EJWP). The study titled; “The Nexus Between Illicit Financial Flows In The Extractives Sector In Zimbabwe […]

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291 views
FEATURED
Mining Index Zimbabwe
- December 21, 2021
291 views 5 secs

Artisanal miners charged with attempted murder

EIGHT Shamva illegal gold miners were charged with attempted murder after they allegedly assaulted a rival miner with an axe in a fight over gold claims. Llyod Musemwa, Tafadzwa Bandawa, Evidence Musemwa, Talent Bhobho, Khedha Madhoti, Fyrum Chatura, Low Zvemanyati and one Gora appeared before Bindura magistrate Samantha Dhlamini on Friday. They were not asked […]

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440 views
FEATURED
Mining Index Zimbabwe
- December 20, 2021
440 views 56 secs

Botswana and De Beers further extend sales agreement

Botswana and De Beers have extended their current sales contract by another year, the diamond miner said on Friday, citing logistical challenges presented by the Covid-19 pandemic. This is the second extension of the agreement for the sale of Debswana’s rough diamond production. The agreement was due to expire at the end of 2020, but […]

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246 views
FEATURED
Mining Index Zimbabwe
- December 20, 2021
246 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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520 views
FEATURED
Mining Index Zimbabwe
- December 20, 2021
520 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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365 views
FEATURED
Mining Index Zimbabwe
- December 20, 2021
365 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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256 views
FEATURED
Mining Index Zimbabwe
- December 20, 2021
256 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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215 views
FEATURED
Mining Index Zimbabwe
- December 17, 2021
215 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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