340 views
FEATURED
Mining Index Zimbabwe
- November 11, 2021
340 views 4 mins

Mantashe calls on Africa to unite against ‘coercion’ by global anti-fossil fuel agenda

Mineral Resources and Energy Minister Gwede Mantashe says African nations should not be coerced into taking missteps by being pressured to rapidly abandon fossil fuels Mantashe’s speech was the first he has made since SA secured a R131 billion deal to phase-out coal at the ongoing COP26 conference Mantashe also criticised global agreements to move […]

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149 views
FEATURED
Mining Index Zimbabwe
- November 11, 2021
149 views 55 secs

Coal company sees first equity for renewables shift in Botswana

Shumba Energy secured the first equity commitments to develop an $80 million solar project in Botswana as part of the coal company’s plan to shift to renewable energy. The company’s green energy unit, Shumba Renewables, received commitments of $950,000 from international investors, Shumba Energy’s MD Mashale Phumaphi said in an interview Tuesday, without disclosing the […]

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116 views
FEATURED
Mining Index Zimbabwe
- November 10, 2021
116 views 6 mins

Lower rough diamonds supply driving greater efficiency

Rough-diamond production is not expected to return to pre-pandemic levels. The coronavirus forced the mining companies to rethink their production programs and downscale accordingly. However, 2020 was always going to be a tipping point for supply. Global output peaked in 2017 when the Gahcho Kué and Renard mines came onstream in Canada. It has been […]

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234 views
FEATURED
Mining Index Zimbabwe
- November 10, 2021
234 views 2 mins

Conflict-diamond definition back under scrutiny

The World Diamond Council (WDC) has repeated its call for reforms to the Kimberley Process (KP), warning that failure to do so could lead to a “two-tiered” industry. Companies that fall below consumers’ expectations on responsible sourcing will lose market share, putting many people out of business, WDC president Edward Asscher told the annual KP […]

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203 views
FEATURED
Mining Index Zimbabwe
- November 9, 2021
203 views 4 mins

Eskom joins forces with coal producers for a low carbon future

Eskom, Exxaro and Seriti Resources have announced the signing of a landmark Memorandum of Understanding (MOU) that spells out their intention to pursue, co-operatively and individually, the development of renewable energy projects to lower their carbon footprint at their operations. In doing so, the parties aim to create employment and re-skilling opportunities for communities living […]

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173 views
FEATURED
Mining Index Zimbabwe
- November 9, 2021
173 views 2 mins

Gemfields finds largest emerald ever at Zambia mine

Africa-focused Gemfields (LON: GEM) (JSE: GML) has found the largest emerald ever mined at its Kagem mine in Zambia — a 7,525-carat (1,505g) gemstone named Chipembele, which means “rhino” in the local dialect of Bemba. While no official record exists, it is extremely unusual to encounter a gemstone weighing more than 1,000 carats and only […]

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239 views
FEATURED
Mining Index Zimbabwe
- November 8, 2021
239 views 4 mins

Small scale miners want more incentives

Zimbabwe’s gold artisanal and small-scale miners have demanded more incentives from the Reserve Bank of Zimbabwe (RBZ) to ramp up production. In June this year, RBZ through Fidelity Printers and Refiners (FPR) introduced new measures such as the 5% incentive for miners who deliver 20kg plus to Fidelity and spot payments to improve gold figures […]

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325 views
FEATURED
Mining Index Zimbabwe
- November 8, 2021
325 views 3 mins

Contango set to start production in Q1’2022

London Stock Exchange-listed resources firm, Contango Holdings, is set to start production at its Lubu coal mining project in Matabeleland North Province after receiving impressive set of results from exploration. Bureau Veritas of South Africa conducted the geological assessment. The analyses assessed a variety of metrics and properties derived from 49 samples extracted from the […]

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131 views
FEATURED
Mining Index Zimbabwe
- November 8, 2021
131 views 3 mins

Govt kicks Heijin out of Uzumba

The Mines ministry has given notice to cancel Chinese mining company Heijin’s certificates of registration by December 6 this year, following an uproar by villagers who are set to be displaced by its mining activities. Heijin’s claims that face cancellation by the Mines ministry include the Kaseke claim, registered under ME1256BM and Chibvi 2, registered […]

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342 views
FEATURED
Mining Index Zimbabwe
- November 8, 2021
342 views 5 mins

Zim hunt puts oil barons’ capacity to the test

THE Australian firm exploring for gas and petroleum resources in Zimbabwe’s Muzarabani district this week said the quality of data coming out of swathes of their claims in the Zambezi Valley had surpassed previous survey results provided by Mobil from its 1990s survey. This marked the first good news by the Australian Stock Exchange-listed Invictus […]

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