332 views
FEATURED
Mining Index Zimbabwe
- November 22, 2021
332 views 3 mins

Windfall for Arcadia workers

AUSTRALIA-LISTED mining concern, Prospect Resources (Prospect) has resolved to repay its employees who took salary cuts to reduce overall business costs as the COVID–19 scourge hit the globe last year. In April 2020, all Prospect employees, including board members, agreed to take a significant reduction in salaries. But Prospect, whose flagship operation is Arcadia lithium […]

3267 POSTS
...
313 views
FEATURED
Mining Index Zimbabwe
- November 22, 2021
313 views 2 mins

Two Men Suffocate To Death In Disused Mine Shaft

A man and his brother-in-law, both from Malaliya in Binga died allegedly by suffocation in a disused mine shaft which they had entered looking for scrap metal in Gwayi area. Matabeleland North police spokesperson Inspector Glory Banda confirmed the death of Kainos Shoko (33) and Vengayi Mudimba (32) both of Kamini 2 Malaliya under Chief […]

3267 POSTS
...
387 views
FEATURED
Mining Index Zimbabwe
- November 22, 2021
387 views 3 mins

VFEX Lucrative Incentives Lure BNC Listing

VICTORIA Falls Exchange (VFEX) lucrative incentives have pushed Bindura Nickel Corporation (BNC) to voluntarily delist from the Zimbabwe Stock Exchange (ZSE) in pursuit of the competitive advantages on offer. In a recent circular to shareholders, BNC chairman, Muchadeyi Masunda notified shareholders that the mining giant will be exiting the ZSE and heading to list on […]

3267 POSTS
...
405 views
FEATURED
Mining Index Zimbabwe
- November 22, 2021
405 views 4 mins

Afreximbank, Zimbabwean firms sign US$188m deals for energy, industry

Four Zimbabwean entities have signed over US$188 million worth of agreements with the African Export-Import Bank, with most of the new funding going into energy, the bank said Friday. Afreximbank said it had signed loans worth US$188,600,000 with the power utility Zimbabwe Electricity Transmission & Distribution Company (ZETDC), as well as with CABS, CBZ and […]

3267 POSTS
...
229 views
FEATURED
Mining Index Zimbabwe
- November 19, 2021
229 views 0 secs

The costs of climate change in 10 figures

3267 POSTS
...
250 views
FEATURED
Mining Index Zimbabwe
- November 19, 2021
250 views 2 mins

Rio takes full control of Canadian diamond mine

Major Rio Tinto has become the sole owner of Diavik diamond mine in the Northwest Territories of Canada, continuing its leading role in the Canadian diamond industry. The miner this week completed a transaction for the acquisition of the 40% share held by Dominion Diamond Mines in Diavik, following the Court of Queen’s Bench of […]

3267 POSTS
...
416 views
FEATURED
Mining Index Zimbabwe
- November 19, 2021
416 views 34 secs

There’s two decades more demand for coal in Asia, exporter says

Demand for coal will remain strong for at least two more decades even as nations take action to decarbonise, according to New Hope, a major Australian exporter. “Many communities, particularly the large cities of Asia, will require coal for affordable and accessible base load energy provided by our customers to power homes and industries in […]

3267 POSTS
...
405 views
FEATURED
Mining Index Zimbabwe
- November 19, 2021
405 views 2 mins

Govt urged to address coal seam fires

GOVERNMENT agencies have been urged to address coal seam fires that have left several people burnt in Hwange. The Centre for Natural Resource Governance (CNRG) said government agencies like the Environmental Management Agency (Ema) had a duty to take measures, including policy interventions to protect children from mining hazards. This was after an eight-year-old girl […]

3267 POSTS
...
587 views
FEATURED
Mining Index Zimbabwe
- November 19, 2021
587 views 4 mins

Mutare City leases mountain to Chinese miner for a song

THE under-fire Mutare City Council leased an entire mountain to a Chinese quarry miner for a paltry US$7 500 annual fee, fresh developments in the scandalous deal which has roused the residents indicate. The lease agreement indicates that the local authority, and the miner, Freestone Mines agreed on a deal to extract quarry in the […]

3267 POSTS
...
157 views
FEATURED
Mining Index Zimbabwe
- November 18, 2021
157 views 3 mins

Fidelity to buy gold below 5g, confident of 100ton target

Fidelity Printers and Refiners (FPR) is confident that gold deliveries to the country’s sole gold buyer and exporter, will reach the projected 100 tonnes delivery by 2023 as the sector is poised to fetch an annual revenue of US$4billion. Fidelity acting General Manager Mr. Peter Magaramombe said this during a tour by the Parliamentary Portfolio […]

3267 POSTS
...