254 views
FEATURED
Mining Index Zimbabwe
- October 18, 2021
254 views 5 mins

Asia’s coal mining revival doesn’t mean the energy crisis is over

A crunch on coal production from key hubs in China and India is beginning to ease, but that won’t be enough to halt Asia’s energy crisis. Major industries in the region, including steelmakers to chemical producers, are expected to continue to face power disruptions through the winter, as fuel supply remains tight and as governments […]

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410 views
FEATURED
Mining Index Zimbabwe
- October 18, 2021
410 views 2 mins

HIV, Tuberculosis, silicosis threaten artisanal miners

AT least 23,5% of artisanal and small-scale gold miners (ASM) who participated in a recent study tested positive to HIV, experts said last week. About 373 ASM participated in the research, which was conducted by the United States Agency for International Development. The research is titled Tuberculosis (TB) and silicosis burden in artisanal and small-scale […]

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175 views
FEATURED
Mining Index Zimbabwe
- October 18, 2021
175 views 3 mins

Mine workers take salary dispute to court

The Zimbabwe Diamond and Allied Mineral Workers Union (ZIDAMWU) has taken the National Employment Council for Mining Industry, Associated Mine Workers Union of Zimbabwe (AMWUZ) and the Chamber of Mines Zimbabwe (CMZ) to court challenging the recent 24% wage increase, which it described as peanuts. The National Employment Council (Nec) announced the 24% increment in […]

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279 views
FEATURED
Mining Index Zimbabwe
- October 15, 2021
279 views 2 mins

Inaugural Angola International Diamond Conference imminent

The Angola Ministry of Mineral Resources, Petroleum and Gas (MIREMPET) says the inaugural Angola International Diamond Conference (AIDC) will be held from November 25 to 27, in Saurimo, the capital of the Lunda Sul province. The AIDC will include the participation of Mining Ministers from the main African diamond-producing nations, leaders of diamond companies and […]

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244 views
FEATURED
Mining Index Zimbabwe
- October 15, 2021
244 views 4 mins

South Africa’s banks say they can’t cut off funding for coal just yet

South African banks say they have to keep funding at least some coal projects for now because an immediate halt would put huge political and economic strains on a nation that relies on the most polluting of fossil fuels. The top four banks have started to withdraw financing, with Nedbank and FirstRand setting deadlines of […]

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249 views
FEATURED
Mining Index Zimbabwe
- October 15, 2021
249 views 6 mins

RioZim in a firestorm… board red-flags mining giant after burning ZW$1bn

MULTI-resource giant RioZim Limited slipped into a liquidity crunch during the first six months of 2021, after overturning a healthy working capital position to plunge into almost ZW$1 billion (about US$11,5 million) working capital black hole, financial statements for the half year ended June 30, 2021 show. On Monday, the RioZim board cast doubts over […]

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330 views
FEATURED
Mining Index Zimbabwe
- October 15, 2021
330 views 54 secs

Probe into Mazowe mine disaster commences

MAZOWE South MP Fortune Chasi has said an investigation into the circumstances relating to the death of eight workers at a Chinese-run mine after an oxygen tank last week exploded has commenced. Six Chinese nationals and two Zimbabweans perished when oxygen cylinders burst at SAS Mine Lowdale. Operations were halted at the mine to pave […]

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191 views
FEATURED
Mining Index Zimbabwe
- October 14, 2021
191 views 4 mins

Big miners reconsider Congo, Zambia risks as copper price surges

Major mining companies are looking to invest in countries they previously considered too risky, including Democratic Republic of Congo and Zambia, propelled by a dwindling pipeline of big copper mines elsewhere and record-high prices. Investor wariness about uncertain regulatory environments, challenging working conditions and corruption have meant some listed companies favoured countries such as Australia […]

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290 views
FEATURED
Mining Index Zimbabwe
- October 14, 2021
290 views 2 mins

Rio Tinto Takes 75% Stake in Angola Exploration Site

Rio Tinto has formed a joint venture with Angolan state-owned diamond company Endiama that will see the pair explore one of the country’s potential mines. The deal focuses on the Chiri kimberlite in Angola’s Lunda Sul region, Rio Tinto said Sunday. The mining giant has secured a 75% stake in the first phase of the […]

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168 views
FEATURED
Mining Index Zimbabwe
- October 14, 2021
168 views 4 mins

Rich nations should not force South Africa to ban new coal-power projects – Minister

Rich nations shouldn’t force South Africa to ban new coal-power projects and impose other conditions as a requirement for funding to help reduce its environmental footprint, South Africa’s energy minister said. Gwede Mantashe last month skipped a meeting with climate envoys from the UK, US, Germany, France and the European Union, where an initial amount […]

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