419 views
FEATURED
Mining Index Zimbabwe
- October 22, 2021
419 views 2 mins

Eureka mine reopened

President Emmerson Mnangagwa yesterday officially reopened Eureka Mine, Guruve’s biggest gold mine, disclosing that an investor, Dallaglio Investment, had poured in US$60 million to capitalise the mine which will create employment in Guruve. Eureka Mine, which employed over 400 workers at its peak, producing about 1,5 tonnes of gold per annum, had been idle for […]

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236 views
FEATURED
Mining Index Zimbabwe
- October 21, 2021
236 views 6 mins

TotalEnergies accused of downplaying climate risks

French oil company TotalEnergies knew at least 50 years ago about a link between burning fossil fuels and global warming, researchers have said. An article from 1971 in the company’s magazine, Total Information, mentioned partial melting of ice caps, researchers found. It also predicted the rise of carbon dioxide in the atmosphere. The company denied […]

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370 views
FEATURED
Mining Index Zimbabwe
- October 21, 2021
370 views 2 mins

ZESA To Finish New Coal-Fired Units In 2022

ZIMBABWE’S state-owned power utility expects to complete the addition of coal-fired units next year, bucking a global trend to reduce reliance on fossil fuel. The $1.5 billion expansion by Zimbabwe Power Company and China’s Sinohydro will finish one unit next year in September and another in December, adding 600 megawatts. That’s intended to replace 920 […]

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249 views
FEATURED
Mining Index Zimbabwe
- October 20, 2021
249 views 2 mins

Diamond market ‘fully recovered from pandemic’

A STRUCTURAL decline in diamond production and growing end-user demand have created favourable conditions for sustained price growth, especially for rare rough and polished diamonds. In its yearly diamond investment market report, Alrosa states that the diamond market has “fully recovered from the pandemic”, with jewellery sales having risen sharply. The diamond industry was hit […]

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335 views
FEATURED
Mining Index Zimbabwe
- October 20, 2021
335 views 2 mins

Chinese curbs on magnesium threaten global automotive industry

Chinese curbs on magnesium production, a key component of aluminium alloys, threaten the production capability of the automotive industry. China has a near-monopoly on the production of magnesium, a key component in the production of aluminium alloy. Around 87% of the world’s magnesium production comes from China, with most of it coming from Yulin City […]

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435 views
FEATURED
Mining Index Zimbabwe
- October 20, 2021
435 views 12 mins

“Informal, not illegal”: inside Kenya’s artisanal mining industry

Kenyan mining remains reliant on artisanal work, despite legal reform and foreign involvement. What will the future hold for Kenya’s miners? While artisanal and small-scale mining (ASM), extractive operations that exist outside of a country’s legal framework, is often presented as a complex issue, many of the challenges facing the sector are rooted in straightforward […]

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471 views
FEATURED
Mining Index Zimbabwe
- October 20, 2021
471 views 2 mins

We’re yet to commence field works in Checheche: Alrosa

ALROSA Zimbabwe says it is yet to commence diamond mining in the Checheche area in Manicaland province amid fears of forced displacement of locals. In a statement, Alrosa said it fully complied with all national regulations on stakeholder and community engagement in the country. “Alrosa Zimbabwe started prospecting and preliminary exploration works for primary diamond […]

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357 views
FEATURED
Mining Index Zimbabwe
- October 20, 2021
357 views 49 secs

Illegal mining major threat to environment: EMA

THE increase in illegal mining activities is threatening the country’s infrastructure and environment, the Environmental Management Agency (EMA) has said. This was revealed in a recent environmental report which looked at the period July 31, 2021 to October 15, 2021. Ema said during that period, illegal mining contributed to 42,81% towards veldfires, land clearing constituted […]

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162 views
FEATURED
Mining Index Zimbabwe
- October 20, 2021
162 views 3 mins

Zim Exploring New Power Supply Deals

ZIMBABWE has been plagued with recent electricity troubles and in a bid to increase supply the country is in negotiations with Zambia and Mozambique. If agreed upon, the country will import an additional 280MW from its two neighbours. In power deals, the southern African country is currently importing 50MW from Mozambique and also has a […]

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162 views
FEATURED
Mining Index Zimbabwe
- October 19, 2021
162 views 9 mins

Where a $5bn green incentive runs into politics of coal

The world’s richest countries are courting South Africa as a model of how to transition to a more climate-friendly future from a dependency on coal. While $5-billion of cheap loans and grants are on offer as a first step, transforming Africa’s most industrialized economy demands more than cash. It needs to win over power brokers […]

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