205 views
FEATURED
Mining Index Zimbabwe
- September 4, 2021
205 views 6 mins

Hundreds Of Villagers Evicted By Another Chinese Iron Project

HUNDREDS of Chivhu villagers are set to be evicted from their ancestral land to pave way for a 12 000-hectare iron and steel mining project by a Chinese company, Tsingshan Group Holdings. Majority of the residents who are set to lose their homes are in ward 7 in Chikomba district where Dinson Iron and Steel […]

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

Muzarabani, Guruve, Mudzi CEOs Nabbed In ZACC Spot-checks

TWO rural district council chief executives have been arrested by officials from the Zimbabwe Anti-Corruption Commission (ZACC)  for illegally allowing mines linked to Chinese nationals to explore for chrome in the Mavuradonha Wilderness. The arrested are Ennie Mutema, the CEO for Muzarabani Rural District Council, and Guruve RDC’s Tinos Marisa. According to ZACC, the two […]

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182 views
FEATURED
Mining Index Zimbabwe
- September 3, 2021
182 views 4 secs

China’s approves $149 mln coalbed methane pipeline project in northern China

China’s state planner has approved a 960 million yuan ($149 million) coalbed methane pipeline project linking the northern provinces of Shanxi and Shaanxi, the National Development and Reform Commission said in a statement on Friday. The 74.1 km (46 mile) pipeline is designed to transmit 2 billion cubic metres (bcm) of gas each year and […]

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136 views
FEATURED
Mining Index Zimbabwe
- September 3, 2021
136 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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271 views
FEATURED
Mining Index Zimbabwe
- September 3, 2021
271 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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291 views
FEATURED
Mining Index Zimbabwe
- September 3, 2021
291 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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426 views
FEATURED
Mining Index Zimbabwe
- September 3, 2021
426 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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361 views
FEATURED
Mining Index Zimbabwe
- September 2, 2021
361 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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125 views
FEATURED
Mining Index Zimbabwe
- September 2, 2021
125 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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190 views
FEATURED
Mining Index Zimbabwe
- September 2, 2021
190 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 […]

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