371 views
FEATURED
Mining Index Zimbabwe
- October 1, 2021
371 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 […]

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212 views
FEATURED
Mining Index Zimbabwe
- October 1, 2021
212 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 […]

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200 views
FEATURED
Mining Index Zimbabwe
- October 1, 2021
200 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. […]

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374 views
FEATURED
Mining Index Zimbabwe
- September 30, 2021
374 views 4 mins

Gold rush spawns fresh displacements

THOUSANDS of Domboshawa villagers on the outskirts of Harare face imminent displacement to accommodate a clique of gold miners with strong links to the ruling Zanu PF party and top government officials. It also emerged this week that the fresh gold rush is happening without following proper channels, including an environmental impact assessment (EIA) and […]

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266 views
FEATURED
Mining Index Zimbabwe
- September 30, 2021
266 views 15 secs

Provisional liquidator of Zambia’s Konkola Copper Mines arrested

The State-appointed provisional liquidator of Konkola Copper Mines (KCM), Milingo Lungu, has been arrested and charged with laundering more than $2-million, Zambia’s Drug Enforcement Commission, which also handles money-laundering cases, said on Wednesday. “The money is said to have come into his possession by virtue of being the Provisional Liquidator for Konkola Copper Mines,” the […]

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256 views
FEATURED
Mining Index Zimbabwe
- September 30, 2021
256 views 3 mins

Jewelers sell $1 gold online as Indians warm up to internet buys

Jewelers in India have started selling gold for a little over $1 online after the pandemic upended sales, forcing them to reassess traditional ways of doing business. Sales crashed last year in the second-biggest consumer after a nationwide lockdown shuttered stores across the country. But it also led to a bump in India’s nascent market […]

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289 views
FEATURED
Mining Index Zimbabwe
- September 29, 2021
289 views 2 mins

Tharisa wants to cut carbon emissions 30% by 2030

Chrome and platinum group metals (PGMs) miner Tharisa is targeting reducing carbon emissions by 30% by 2030 and becoming carbon neutral in 2050. Tharisa, which operates a single mine near Brits in the North West, joins a growing list of companies that have committed to rid themselves of climate-warming pollutants. Last week, synthetic fuels and […]

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384 views
FEATURED
Mining Index Zimbabwe
- September 29, 2021
384 views 5 mins

China power crisis to kick off global race for coal imports

China’s power crisis looks set to spur it to import more coal from a wider range of producers, putting it into competition with European and Indian buyers that are also snapping up more of the dirtiest fossil fuel. More than two-thirds of China’s electricity comes from coal-fired plants and, while more than 90% of the […]

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443 views
FEATURED
Mining Index Zimbabwe
- September 29, 2021
443 views 3 mins

Zimasco plans to more than double chrome processing capacity – if ZESA plays ball

Zimasco, one of the country’s biggest chrome smelters, plans to more than double annual smelting capacity to 400,000 tonnes over the next three years. The Sinosteel unit plans to ramp up output of the stainless steel ingredient by installing a new 160,000 tonne plant at its Neta project in the Midlands if the state-owned power […]

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292 views
FEATURED
Mining Index Zimbabwe
- September 29, 2021
292 views 2 mins

Zimbabwe asked to settle $70m debt after legal loss

Zimbabwe has been asked to settle a $70-million debt after it lost an international arbitration case over canceled nickel and platinum ventures between a private company and the State miner more than a decade ago. Companies linked to Amaplat Mauritius made the proposal in a September 15 letter to Zimbabwe’s Secretary for Finance and Economic […]

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