365 views
FEATURED
Mining Index Zimbabwe
- October 3, 2021
365 views 4 mins

Chrome miners’ crisis spirals out of control

ZIMBABWE’S chrome producers said this week a pricing committee established by the Minerals Marketing Corporation of Zimbabwe (MMCZ) should take a proactive role in addressing serious distortions that have pushed small scale miners to the brink. Zimbabwe Miners Federation (ZMF) chief executive officer Wellington Takavarasha spoke as miners said following a ban on chrome ore […]

3233 POSTS
...
361 views
FEATURED
Mining Index Zimbabwe
- October 3, 2021
361 views 38 secs

South Africa will appeal court ruling on black mine ownership

South Africa’s government will appeal two court rulings that struck down changes to rules requiring mining firms to be at least 26% owned by Black investors in perpetuity and declared it unlawful for payouts to the coronavirus-struck tourism industry to be limited to Black businesses. President Cyril Ramaphosa gave the undertaking during a meeting with […]

3233 POSTS
...
317 views
FEATURED
Mining Index Zimbabwe
- October 3, 2021
317 views 3 mins

BHP opens Australia’s first nickel sulphate plant

BHP (ASX, LON, NYSE: BHP) said on Friday it had produced the first nickel sulphate crystals from its plant in Kwinana, outside Perth, a part of the miner’s strategy to grow its battery metals footprint to meet expected soaring demand. Nickel is a key component for electric vehicle (EV) cathodes, and the world’s no. 1 mining company expects demand for the metal from the batteries sector alone to […]

3233 POSTS
...
259 views
FEATURED
Mining Index Zimbabwe
- October 1, 2021
259 views 3 mins

A German power plant just ran out of coal in latest energy shock

The global energy crunch forced a German electricity producer to halt a power plant after it ran out of coal. Steag closed its Bergkamen-A plant in the western part of the country this week due to shortages of hard coal, it said by email. The closure is the first sign that Europe may need to […]

3233 POSTS
...
232 views
FEATURED
Mining Index Zimbabwe
- October 1, 2021
232 views 43 secs

Zimbabwe okays export of 200 000 t of excess power coal

Zimbabwe has allowed the export of 200 000 t of excess power coal because of limited intake at its biggest coal-fired power plant, which is beset by frequent breakdowns, the coal producers association said on Friday. The Southern African nation’s six coal miners have a standing arrangement to supply 300 000 t of coal to […]

3233 POSTS
...
375 views
FEATURED
Mining Index Zimbabwe
- October 1, 2021
375 views 53 secs

Rough Prices Rise at Grib Antwerp Auction

Grib Diamonds noted solid market demand at its most recent rough sale in Antwerp, with overall prices increasing 5% to 7% compared to the previous auction. The Belgian company, which sells production from AGD Diamonds’ Grib mine in Russia, garnered approximately $45 million from its September 23 sale of around 550,000 carats, Antony Dear, Grib’s […]

3233 POSTS
...
329 views
FEATURED
Mining Index Zimbabwe
- October 1, 2021
329 views 51 secs

World Diamond Council launches new guidelines

The World Diamond Council (WDC) has upgraded its System of Warranties program to cover a broader set of commitments when doing business in the diamond industry. The new System of Warranties (SoW) statement asks sellers of diamond jewelry and rough and polished diamonds to support the universally accepted principles of human and labor rights, anti-corruption, […]

3233 POSTS
...
269 views
FEATURED
Mining Index Zimbabwe
- October 1, 2021
269 views 2 mins

Uzumba Chinese mine saga: More details emerge

THE case of a Chinese Mining Company which recently told Uzumba villagers that they did not own title deeds to their land has taken a new twist after it emerged that it actually does not have an environmental impact assessment (EIA) certificate. Heijin recently pegged a whole village in Uzumba to extract black granite in […]

3233 POSTS
...
198 views
FEATURED
Mining Index Zimbabwe
- October 1, 2021
198 views 2 mins

2 die in disused coal mineshaft collapse

TWO young illegal miners and a university graduate were on Monday reportedly trapped to death by coal ashes while extracting coke at a dumpsite in Hwange. The issue was confirmed by a resident of DRC Empumalanga township, Joseph Manyemba, who said the incident happened at the M Block of the disused mine, which is usually […]

3233 POSTS
...
177 views
FEATURED
Mining Index Zimbabwe
- October 1, 2021
177 views 3 mins

Arcadia Lithium owner posts US$3,7m loss

AUSTRALIA Stock Exchange-listed lithium producer, Prospect Resources, which is developing Arcadia Lithium Mine near Harare, recorded a loss after tax of US$3,7 million during the year ended June 30, 2021, the firm said yesterday. Prospect said this figure represented a 19% improvement after registering a loss of US$4,6 million during the same period last year. […]

3233 POSTS
...