184 views
FEATURED
Mining Index Zimbabwe
- August 24, 2021
184 views 6 mins

What is the most suitable transport route of goods from DRC and Zambia?

The Benguela railway will soon be opened up to the private sector, with the operation and maintenance of the railway infrastructure and of rail freight transport set to be granted via the Lobito Corridor. This railway will allow for goods to be transported from Angola’s neighbours, such as the Democratic Republic of Congo (DRC) and […]

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378 views
FEATURED
Mining Index Zimbabwe
- August 24, 2021
378 views 52 secs

Govt on drive to reprint mining maps

Government has launched an exercise to reprint all mining maps in order to improve service delivery. The program launched in Bindura, Mash central is aimed at improving service delivery and administration of mining title. Launching the exrcise Mines and Mining  Development Minister Winston Chitando said effficiency which will be brought by new maps in every […]

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162 views
FEATURED
Mining Index Zimbabwe
- August 24, 2021
162 views 2 mins

Angola mine leak causes ‘unprecedented’ pollution in Congo rivers, researchers say

A suspected leak of heavy metals from a mine in northern Angola is causing an “unprecedented environmental catastrophe”, affecting some 2 million people in Democratic Republic of Congo, researchers at Kinshasa University said on Friday. Analysis of satellite imagery and interviews indicate a reservoir used to store mining pollutants was breached on July 15 in […]

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169 views
FEATURED
Mining Index Zimbabwe
- August 24, 2021
169 views 3 mins

Gem Diamonds sells Botswana unit for $4 million

Africa-focused Gem Diamonds (LON: GEMD) is selling its Botswana subsidiary to Okwa Diamonds, owned by Vast Resources (LON: VAST) and Botswana Diamonds (LON: BOD), for only $4 million. Okwa Diamond’s main target is the mothballed Ghaghoo in central Botswana, which Gem acquired from De Beers in 2007. The company had hoped the buy would help it diversify its portfolio away from Lesotho, where its only producing […]

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182 views
FEATURED
Mining Index Zimbabwe
- August 24, 2021
182 views 11 mins

Buyers of RBZ’s gold company unmasked Firm linked to Tagwirei cited in US$49m privatisation deal

AS Treasury maintains a tight lid over the identity of gold producers who snapped 60% shareholding in Fidelity Printers and Refiners (FPR), emerging details show that Kuvimba Mining House, Better Brands, RioZim, Caledonia, Pan Africa Mining, Zimbabwe Miners Federation (ZMF) and Yellow Credit are the prospective new private shareholders at the country’s once sole gold […]

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508 views
FEATURED
Mining Index Zimbabwe
- August 24, 2021
508 views 4 mins

An independent power producer’s currency row shows why ZESA still turns off eager energy investors

A currency dispute between an independent power producer and power utility ZESA shows how regulatory hurdles continue to dim prospects for private energy investment in Zimbabwe. ZESA is awaiting the outcome of international arbitration in a currency dispute with one of the country’s first private power producers, a case that’s holding up other investments. Nyangani […]

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125 views
FEATURED
Mining Index Zimbabwe
- August 24, 2021
125 views 2 mins

Gold diggers damage railway lines

THE National Railways of Zimbabwe (NRZ) has expressed concern over a surge in illegal mining activities along railway tracks throughout the country saying the activities were now posing a serious risk to rail traffic. NRZ acting public relations manager Martin Banda told Southern Eye yesterday that over 24 dams have been created by illegal artisanal […]

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183 views
FEATURED
Mining Index Zimbabwe
- August 23, 2021
183 views 4 mins

South Africa’s smelter crisis: 80 000 jobs on the line

Lobby group Save SA Smelters has warned of a national crises as local smelters are shutting down, resulting in the loss of thousands of jobs. The group further argues that if the price disparity between China and the West is allowed to continue, then there will be no South African smelting industry left standing. It has […]

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431 views
FEATURED
Mining Index Zimbabwe
- August 23, 2021
431 views 44 secs

De Beers Launches Larger Lab-Grown Diamonds

De Beers will introduce stones of up to 2 carats from its Lightbox lab-grown diamond jewelry line, along with a high-end collection. The company, which previously only offered pieces up to 1 carat, will release the larger-sized pink, blue and white stones in October, it said last week. The new stones will follow the brand’s […]

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186 views
FEATURED
Mining Index Zimbabwe
- August 23, 2021
186 views 2 mins

Alrosa Mulls Production Boost After Strong Quarter

Alrosa may increase its 2021 production plan in response to diamond shortages and rampant demand, management said after announcing sky-high quarterly results. “The market is recovering faster than we predicted,” commented Alexey Philippovskiy, the Russian miner’s chief financial officer, in a statement Friday. “Meanwhile, diamond supply is still 20% below the pre-Covid-19 levels, and global […]

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