112 views
FEATURED
Mining Index Zimbabwe
- September 3, 2021
112 views 25 secs

Eight people suffocate at Burkina Faso mine after police fire tear gas

Eight people suffocated to death when police in Burkina Faso used tear gas against unauthorised gold miners at Nordgold’s Bissa mine, a prosecutor said on Thursday. About 40 were on site on Wednesday when the police fired tear gas, which “caused panic and the suffocation of the clandestine gold miners”, national prosecutor Wendyam Lambert Sanfo said in a statement. Sanfo said charges for […]

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221 views
FEATURED
Mining Index Zimbabwe
- September 3, 2021
221 views 4 mins

Congo says Angola tailings pollution kills 12, to seek compensation

The Democratic Republic of Congo will seek compensation from the owners of an Angolan diamond mine after a tailings dam leak polluted drinking water, causing 12 deaths and making thousands of people ill, the country’s environment minister said on Thursday. The late-July leak from Angola’s biggest diamond mine turned a tributary of the Congo River red following […]

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222 views
FEATURED
Mining Index Zimbabwe
- September 3, 2021
222 views 3 mins

Mines troop to VFEX

GOVERNMENT says several mining firms have indicated plans to list on Zimbabwe’s year-old bourse, the Victoria Falls Stock Exchange (VFEX). VFEX, which exclusively trades in foreign currency, has largely disappointed, having secured only two listings since its inception. These are Seed Co International, which listed last year, and crocodiles producer, Padenga Holdings, which joined a […]

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365 views
FEATURED
Mining Index Zimbabwe
- September 3, 2021
365 views 3 mins

Zimplats invests US$160m on projects, lays out expansion plan as FY revenue climbs to US$1.4bn

Zimplats spent US$159.1 million on capital projects over the past year, and has laid out an even bigger budget on an expansion programme to grow platinum output. In the year to June, revenue grew by 56% to US$1.4 billion, as Zimplats benefited from firmer world platinum prices. As a result, profit after tax increased to […]

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301 views
FEATURED
Mining Index Zimbabwe
- September 2, 2021
301 views 4 mins

Global diamond production to grow by 1.4% in 2021

Global rough diamond production is expected to recover by 1.4% to reach 112.99 million carats (Mct) in 2021, after registering an estimated 19.4% decline to 111.4 Mct in 2020, owing to the COVID-19 pandemic, according to GlobalData. The leading data and analytics company notes that significant recoveries in output are expected in Botswana (+37%), Canada […]

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89 views
FEATURED
Mining Index Zimbabwe
- September 2, 2021
89 views 10 mins

Coalition urges US Congress to incentivize permanent rare earth magnet making

A group of rare earth industry players has sent a letter to the US Congress urging lawmakers to pass bipartisan legislation to incentivize the domestic manufacturing of permanent rare earth magnets. NioCorp Developments (TSX: N.B.; US-OTC: NIOBF) participated in the lobbying, urging leaders in the U.S. House of Representatives to support bill HR 5033, co-sponsored […]

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122 views
FEATURED
Mining Index Zimbabwe
- September 2, 2021
122 views 4 mins

Gold miners edge closer to clinch deal

Zimbabwe’s small scale miners are edging closure to sealing a deal with Chinese companies that will supply mining machinery, a move which is expected to boost gold production in the country. The development has seen gold miners bullish about the prospects of reaching 100 tonnes target by 2023. Multiple government and mining sector sources said […]

3162 POSTS
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215 views
FEATURED
Mining Index Zimbabwe
- September 1, 2021
215 views 2 mins

Mineral resource master plan crucial

By Business Reporter – Wednesday 1 September 2021 HARARE (Mining Index) – GOVERNMENT has been urged to put in place a comprehensive master plan before parceling out natural resources to ‘investors’ ensure socio-economic development of host communicates. In the past, rural communities have suffered at the hands of so-called investors with no meaningful development or […]

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200 views
FEATURED
Mining Index Zimbabwe
- September 1, 2021
200 views 7 mins

Climate change and corruption writ large on the coven energy Beira oil pipeline

By Simiso Mlevu – Wednesday 1 September 2021 HARARE (Mining Index) – ZIMBABWE has awarded a US$1.3 billion tender to a newly-formed opaque British registered company, Coven Energy, for the construction of a second oil pipeline from Mozambican city of Beira to Zimbabwe’s capital Harare. Announcing the deal, the Minister of Information, Publicity and Broadcasting […]

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150 views
FEATURED
Mining Index Zimbabwe
- September 1, 2021
150 views 5 mins

Top 5 largest lithium mining companies in the world

The lithium mining sector has seen a proliferation of activity in the last 10 years. It has documented record revenues as lithium becomes more sought after due to its centrality in electric vehicle battery technology. We list the five biggest lithium producers by market cap, along with an overview of their current projects and main […]

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