460 views
FEATURED
Mining Index Zimbabwe
- August 16, 2021
460 views 8 mins

SCORES of disgruntled villagers in Mutoko are on a collision path with Chinese mining company, Shanghai Haoying Mining Investments, which is pushing for their eviction after being allocated black granite mining claims and rights to land straddling over 168 hectares. The planned evictions are likely to affect about 1 500 households, with villagers fretting over the […]

1626 views
FEATURED
Mining Index Zimbabwe
- August 15, 2021
1626 views 19 mins

Mining in the United States has played a significant role in the country’s development. Below is the annual top-ten list of the largest US-based mining companies ranked by market capitalization, as of July 7. Freeport-McMoRan Market capitalization: $52.7 billion Freeport-McMoRan’s Climax molybdenum mine in Colorado.  Freeport McMoRan (NYSE: FCX) moves to the top spot this year, […]

334 views
FEATURED
Mining Index Zimbabwe
- August 15, 2021
334 views 27 secs

Copper prices advanced on Friday after workers at Codelco’s Andina copper mine in Chile went on strike, raising supply disruption risks. Copper for delivery in September rose 1% from Thursday’s settlement price, touching $4.431 per pound ($9,748 per tonne) on the Comex market in New York. Click here for an interactive chart of copper prices Copper […]

245 views
FEATURED
Mining Index Zimbabwe
- August 15, 2021
245 views 7 mins

By Business Reporter – Sunday 15 August 2021 ANALYSIS (Mining Index) – THE diamond industry is projected to contribute US$1 billion towards the targeted US$12 billion mining revenues annually by 2023. While Fidelity Printers and Refiners (FPR) has constantly made available gold production statistics both by Artisanal and Small-scale Miners (ASM) and primary producers, it […]

287 views
FEATURED
Mining Index Zimbabwe
- August 14, 2021
287 views 14 mins

A ZIMBABWEAN engineer, Clever Sithole (CS), last year made history when he was appointed head gemologist at a United States Agency for International Development (USAID)-funded gemstone processing project in Afghanistan. A mining and mineral processing engineering graduate from the Midlands State University (MSU)’s satellite Manicaland State University, Sithole this week shared his experiences in the […]

441 views
FEATURED
Mining Index Zimbabwe
- August 14, 2021
441 views 2 mins

Caledonia Mining’s investment in a new shaft at Blanket Mine is starting to show results; ore tonnage reached new records in the second quarter, helping the company double earnings for the period. The company commissioned a central shaft earlier this year, and in the three months to June, Blanket mined and milled 165,000 tonnes of […]

225 views
FEATURED
Mining Index Zimbabwe
- August 13, 2021
225 views 30 secs

The quixotic market of carbon offsets continues to grow, and questions abound as to their intent and efficacy. The story of this LNG shipment links the Kariba region of Zimbabwe with Darwin, Australia, and Shenzhen, China – leaving a trail of questions and emissions in tow. (Quicktake) Full report on https://www.bloomberg.com/news/videos/2021-08-11/energy-giants-sell-carbon-neutral-natural-gas-that-doesn-t-exist-video  

297 views
FEATURED
Mining Index Zimbabwe
- August 13, 2021
297 views 4 mins

A debt-monitoring organisation has implored the Government to formalise the artisanal mining sector to maximise its revenue. The Zimbabwe Coalition on Debt and Development (ZIMCODD) urged the government to put measures that will see artisanal miners being accountable for their operations as currently they are working in an informal environment. The coalition said above half […]

244 views
FEATURED
Mining Index Zimbabwe
- August 13, 2021
244 views 2 mins

Australian miner, Prospect Resources said results of exploration conducted at its Chishanya project in Buhera, South East Zimbabwe, showed the existence of “significant sized” Rare Earth Elements (REE) deposits. Prospect, which is also developing the Arcadia Lithium Mine on the outskirts of Harare, said the Chishanya deposit was a known source of apatite-hosted phosphate but […]

305 views
FEATURED
Mining Index Zimbabwe
- August 13, 2021
305 views 5 mins

Zimbabwe plans to build a second US$1.3 billion oil pipeline to supply fuel into the country and the region, a deal that would end years of lobbying and rivalry between powerful oil interests. The project would be under a 50-50 joint venture between state-owned National Oil Infrastructure Company (NOIC) and Coven Energy, Information Minister Monica […]