219 views
FEATURED
Mining Index Zimbabwe
- December 16, 2021
219 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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290 views
FEATURED
Mining Index Zimbabwe
- December 16, 2021
290 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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250 views
FEATURED
Mining Index Zimbabwe
- December 15, 2021
250 views 56 secs

Petra Diamond sells 886 236 ct in third tender cycle of its 2022 financial year

London-listed Petra Diamonds sold 885 236 ct of diamonds for $128.3-million during the third tender of the company’s financial year to June 30, 2022. This compares with the 752 920 ct sold for $98.1-million during the third tender of the 2021 financial year. On a like-for-like basis, rough diamond prices increased by about 16% on […]

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312 views
FEATURED
Mining Index Zimbabwe
- December 15, 2021
312 views 4 mins

BNC loads up after Swiss deal

BINDURA Nickel Corporation (BNC) pumped close to US$5 million in fresh capital during the half year ended September 30, 2021, giving the listed giant fresh impetus to ramp up output as boom times return in the aftermath of Covid-19 inspired hard lockdowns most of 2020. Across the world’s biggest markets, inventories had plummeted during the […]

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208 views
FEATURED
Mining Index Zimbabwe
- December 15, 2021
208 views 4 mins

Prospect seeks US$190m to boost production

AUSTRALIA–LISTED mining concern, Prospect Resources, would require pre-production funding of about US$192 million for it to achieve the range of outcomes in the direct optimised feasibility study (Direct OFS) for Arcadia project, NewsDay Business has learnt. Prospect owns 87% of the Arcadia Lithium Project. In a shareholder update yesterday, Prospect said it had completed its […]

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371 views
FEATURED
Mining Index Zimbabwe
- December 14, 2021
371 views 2 mins

China’s thermal coal futures jump 6% on illegal mining crackdown

China’s thermal coal futures contract surged 6% on Monday, fuelled by concerns over supply tightness following a series of government crackdowns on illegal mining in the country’s top coal producing region. The most-active Zhengzhou thermal coal futures contract for January delivery last traded at 727.2 yuan ($114.29) a tonne at the close at 07:00 GMT, […]

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466 views
FEATURED
Mining Index Zimbabwe
- December 14, 2021
466 views 8 mins

Are myths about menstruation pushing women out of mining industry?

PENHALONGA — Every morning, Dorcas Ganda wakes up at 6am and begins a three-kilometre hike up Chinyanjera Mountain where she and her husband own a piece of land where they mine for gold. Ganda actively worked in the mine alongside her husband beginning in 2015. But when her diabetes condition worsened in 2018, that heavy […]

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271 views
FEATURED
Mining Index Zimbabwe
- December 14, 2021
271 views 5 mins

‘Inconsistencies cripple mining policy’

THE Parliamentary Portfolio Committee on Mines and Mining Development has bemoaned lack of “consistency and predictability” in the application of policies on value-addition and beneficiation of minerals in the country. Zimbabwe, which is endowed with over 40 minerals, exports most of its mineral resources in raw form, resulting in the country losing billions of dollars, […]

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295 views
FEATURED
Mining Index Zimbabwe
- December 14, 2021
295 views 3 mins

Mvuma steel plant construction back on course as Zesa, Chinese firm reach agreement

THE Zimbabwe Electricity Supply Authority (Zesa) has completed the construction of a 27km temporary power line to supply electricity at the Mvuma Steel production company site, setting back in motion the establishment of what is to become Africa’s biggest steel-making firm, it has emerged. The temporary powerline will provide the required electricity at a time […]

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286 views
FEATURED
Mining Index Zimbabwe
- December 13, 2021
286 views 3 mins

USA Rare Earth to produce nearly half of critical minerals in USGS’ updated list

USA Rare Earth announced that it expects to produce nearly half of the critical minerals listed in the US Geological Survey’s revised list of raw materials deemed crucial for national security and the economy. In a press release, the Texas-based company said that together with partner Texas Mineral Resources, it is committed to developing the […]

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