339 views
FEATURED
Mining Index Zimbabwe
- October 7, 2021
339 views 24 secs

According to the Namibian, which reported on the accusations of continued underselling of Namibia’s rough diamonds via Namdia to Dubai just two weeks ago, local, Namibian authorities last Wednesday blocked a Namdia shipment of rough diamonds worth US$10m. Industry sources say the state-owned Namdia, led by the infamous Kennedy Hamutenya, in conjunction with the Namibian […]

155 views
FEATURED
Mining Index Zimbabwe
- October 7, 2021
155 views 31 secs

Zambia’s mines minister said its the government had been reviewing the mining tax framework with key stakeholders to design a regime that would be stable, predictable and competitive. “This will also attract both local and foreign investment in mining and ultimately scale up mineral production in the country,” Minister Paul Kabuswe said in the parliament […]

214 views
FEATURED
Mining Index Zimbabwe
- October 7, 2021
214 views 3 mins

THE Zimbabwe Environmental Law Association (Zela) wants government and law enforcement agents to craft a clear roadmap with specific action to tackle gender-based violence in the mining sector. In a petition launched in Bulawayo on Tuesday for women in artisanal and small-scale mining at the on-going Zimbabwe Alternative Mining Indaba (ZAMI), Zela lamented discrimination and […]

306 views
FEATURED
Mining Index Zimbabwe
- October 7, 2021
306 views 4 mins

Zimbabwe’s gold output in the first nine months of the year rose 29% to 18.89 tonnes from 14.65 tonnes reported in the prior comparative period owing to favourable policy measures put in place by the central bank. The measures included the 5% incentives for deliveries of at least 20kgs by small scale miners and the […]

180 views
FEATURED
Mining Index Zimbabwe
- October 7, 2021
180 views 3 mins

ZIMBABWE’S only oil and gas operator, Invictus Energy Limited incurred a net loss of US$1,3 million for the year ended June 30, 2021, down 29% compared to the same period last year. For the year ended June 30, 2020, the company incurred a US$1,8 million loss. The Australian Securities Exchange-listed firm is exploring for oil […]

436 views
FEATURED
Mining Index Zimbabwe
- October 7, 2021
436 views 2 mins

Anglo American Plc appointed a female chief executive officer to run its South African iron ore business for the first time as the mining giant reshuffles its top bulk commodities management. Mpumi Zikalala, currently managing director of De Beers managed operations, will take over as CEO of Kumba Iron Ore Ltd. on Jan. 1, Anglo […]

223 views
FEATURED
Mining Index Zimbabwe
- October 6, 2021
223 views 4 mins

BHP Group is in talks about buying into a copper project in the Democratic Republic of the Congo, marking a dramatic departure from the world’s biggest mining company’s policy of shunning risky jurisdictions. The Melbourne-based miner is in early discussions with billionaire Robert Friedland’s Ivanhoe Mines Ltd. to buy into Western Foreland, a huge exploration […]

314 views
FEATURED
Mining Index Zimbabwe
- October 6, 2021
314 views 3 mins

With no shortage of manganese expected any time soon, commodities research, consulting, financial advisory CPM Group special adviser and expert in manganese Andrew Zemek believes current global reserves of this ferro-alloy could last up to 325 years at the current rate of production. This, he says, is substantiated by the fact that manganese is “much […]

195 views
FEATURED
Mining Index Zimbabwe
- October 6, 2021
195 views 3 mins

Mining giant De Beers has commissioned a survey of the ocean floor off Greenland’s coast in a first step to determine whether it could hold deposits of highly-prized marine diamonds. The eight-day survey of around 800 km of seabed off Greenland’s west coast, near the town of Maniitsoq, ended on Thursday last week, a spokesperson […]

195 views
FEATURED
Mining Index Zimbabwe
- October 6, 2021
195 views 3 mins

CLOSE to 600 gold claims owned by small-scale miners in Matabeleland South province have been forfeited to the Mines ministry after the owners failed to pay inspection fees. Zimbabwe Miners Federation (ZMF) general council secretary Phelemon Mokuele, who is based in Gwanda, yesterday told Southern Eye that the claims were forfeited recently following an inquiry […]