181 views
FEATURED
Mining Index Zimbabwe
- December 1, 2021
181 views 2 mins

Botswana’s Debswana diamond sales jump 73% in first nine months of 2021

Sales of rough diamonds by Debswana Diamond Company jumped 73% in the first nine months of 2021, statistics released by the Bank of Botswana showed on Tuesday, driven by the reopening of US and China’s consumer markets. Debswana, a joint venture between Anglo American business De Beers and the Botswana government, sells 75% of its […]

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269 views
FEATURED
Mining Index Zimbabwe
- December 1, 2021
269 views 4 mins

Alluvial mining activities a threat to riverine ecosystems

LARGE scale and mechanical alluvial/river bed mining in Zimbabwe has contributed to the degradation of an estimated 421.84 hectares of the riverine ecosystem, it has been revealed. According to a survey that was done by the Environmental Management Agency (EMA) about 1 555 kilometres of river channels have been affected through water pollution and siltation. […]

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128 views
FEATURED
Mining Index Zimbabwe
- December 1, 2021
128 views 57 secs

Gold Panner Drowns Fleeing From Rival Gang

AN artisanal miner from Kwekwe died recently after he drowned while fleeing from a rival armed gang. Midlands provincial police spokesperson Emmanuel Mahoko said the rival gangs fought recently at Gravel West Mine in Kwekwe. The police spokesperson said the now deceased, Henry Mlilo’s gang later fled, but the now deceased returned on a revenge […]

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197 views
FEATURED
Mining Index Zimbabwe
- November 30, 2021
197 views 2 mins

London copper firms as investors weigh Omicron impact

London copper prices rose on Monday, recouping some of last week’s losses fuelled by the newly identified coronavirus variant, with markets trying to gauge its severity and its possible impact on economic recovery. Three-month copper on the London Metal Exchange rose 1% to $9 550 a tonne by 07:40 GMT. The most-traded January copper contract […]

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207 views
FEATURED
Mining Index Zimbabwe
- November 30, 2021
207 views 2 mins

China’s coal prices plunge after govt signals more price regulation

China’s thermal coal futures dropped 5.6% on Monday after the state economic planner signalled further regulations for prices of the dirty power-generation fuel. The most-active Zhengzhou thermal coal futures contract, for January delivery, was 819.6 yuan ($128.31) a tonne as of 01:47 GMT. It has lost more than 142% from a peak of 1 982 […]

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268 views
FEATURED
Mining Index Zimbabwe
- November 30, 2021
268 views 9 mins

Tempers flare as Chinese threaten ‘sacred’ resort

THE uproar against Chinese investors continues to reverberate across Zimbabwe. From Muvuradonha in Mashonaland Central to Mutoko, Mashonaland East, Chinese gold, chrome and granite mining firms have been accused of decimating delicate environments, along with attempts to displace thousands of villagers from their ancestral lands. But nowhere could relations be worse than in Mutorashanga, a […]

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334 views
FEATURED
Mining Index Zimbabwe
- November 30, 2021
334 views 4 mins

Caledonia bumps up VFEX windfall to US$8m

CALEDONIA Mining Corporation yesterday increased its target of funds for a planned listing on the Victoria Falls Stock Exchange (VFEX) to US$8 million after a positive response from Zimbabwean investors, chief executive officer Steve Curtis has said. The firm, which holds majority control in Blanket Mine, will list on December 2, 2021. In a shareholder […]

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129 views
FEATURED
Mining Index Zimbabwe
- November 29, 2021
129 views 2 mins

Two Chinese nationals killed, others kidnapped in eastern Congo – army

Two Chinese nationals have been killed and an unknown number of other people kidnapped in an attack by the Codeco militia on a mining camp in eastern Democratic Republic of Congo, an army spokesman said on Thursday. A local chief and a civil society leader also confirmed the two deaths and said eight other Chinese […]

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222 views
FEATURED
Mining Index Zimbabwe
- November 29, 2021
222 views 5 mins

‘Competitive opportunities in Zim mining sector’

INVESTORS have been urged to consider investing in Zimbabwe’s mining sector as it presents many competitive opportunities to different needs. The mining sector in Zimbabwe accounts for around 65 percent of the country’s foreign currency receipts. The country has witnessed several big developments on the mining front in the past years. In a presentation at […]

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94 views
FEATURED
Mining Index Zimbabwe
- November 29, 2021
94 views 4 mins

NEWS Madziva miners robbed at gun-point

A trio of miners in Madziva were on Thursday around 7 pm forced to surrender their possessions at gunpoint by armed robbers. Speaking to Mrs Munyoro, a ZMF member, she said the cases of miners being robbed in Madziva has increased. “Armed robbers have heavily troubled the miners of Madziva,” said Munyoro. The miners, Tendai […]

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