326 views
FEATURED
Mining Index Zimbabwe
- October 10, 2018
326 views 4 mins

High-grade vanadium confirmed in Mt Darwin

 By Business Reporter HIGH-GRADE vanadium mineralisation returned from surface sampling at Chuatsa Vanadium Project in Mt Darwin has confirmed significant levels of the mineral in a survey conducted by the Australian based exploration company, Six Sigma Metals. In a statement, Six Sigma Metals revealed that all results from due diligence surface sampling received showing significant high-grade […]

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263 views
FEATURED
Mining Index Zimbabwe
- October 10, 2018
263 views 5 mins

Zimbabwe Miners Federation endorses new executive

 By Business Reporter ZIMBABWE Miners Federation (ZMF) general council has endorsed the newly elected executive following a special meeting held to clarify on the legality of the previous executive who had argued their term of office would expire in 2019. On 28 September 2018, the general council held a special meeting organised by chairpersons of […]

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129 views
FEATURED
Mining Index Zimbabwe
- October 9, 2018
129 views 2 mins

Lancashire Steel to resume production, targets 9 600 tonnes

 By Business Reporter LANCASHIRE Steel, which is set to resume production before end of 2018 has benchmarked its annual output at 9 600 tons of wire within the first year. In his Transitional Stabilisation Programme, Finance and Economic Development Minister Mthuli Ncube revealed that the first year will see the company attaining an estimated 800 […]

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327 views
FEATURED
Mining Index Zimbabwe
- October 7, 2018
327 views 3 mins

US$11 billion mining investment required

By Business Reporter GOVERNMENT says US$11 billion worth of investment is required to finance mining projects expected to generate US$20 billion annually over the horizon of Vision 2030. Indications are that improved investment climate under the new dispensation offer opportunities for acquisition of interests providing low cost entry into mining prospecting, and inflows of private […]

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171 views
FEATURED
Mining Index Zimbabwe
- October 5, 2018
171 views 4 mins

Zisco Steel revival on course, forecasts one million tons

By Business Reporter DEFUNCT steelmaker, Zimbabwe Iron and Steel Company (Ziscosteel) is scheduled to resume operations with a projected annual output of one million tons of steel products following US$1 billion investment grant from a foreign investor. The resuscitation programme which is expected to start soon, will last between 18-24 months to restructure and reconstruct […]

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227 views
FEATURED
Mining Index Zimbabwe
- October 4, 2018
227 views 2 mins

Blanket Mine forecasts 80 000 gold ounces by 2021

 By Business Reporter BLANKET Gold Mine is targeting to increase gold output to 80 000 ounces by 2021 following a US$70 million investment expected to be funded from internal cash generation and existing cash resources. In a press release, Caledonia Mining Corporation PLC revealed its forecasted output prospects for the Zimbabwean mine, with a plan […]

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318 views
FEATURED
Mining Index Zimbabwe
- October 4, 2018
318 views 29 secs

Zimplats CSR in action

ZIMPLATS donated Antibiotics which will assist in treating 1000 patients, 1350 litres of intravenous fluids for resuscitation and water treatment chemicals for up to 4000 households. The donation made by Zimplats is not a once off donation but a demonstration of the business continues to assist the health sector in fulfilling its promise to deliver […]

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281 views
FEATURED
Mining Index Zimbabwe
- October 2, 2018
281 views 4 mins

Investor discovers high-grade lithium in Shamva

By Business Reporter AUSTRALIAN listed concern, Six Sigma Metals Limited has identified high-grade lithium in a reverse circulation drilling program at its Shamva Lithium Project, with test results showing further signs of lithium. This comes barely a fortnight after another Australian based firm, Invictus Energy confirmed vast oil reserves in the Muzarabani area, located in […]

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261 views
FEATURED
Mining Index Zimbabwe
- October 2, 2018
261 views 2 mins

Government seeks investors for fuel dry port

 By Business Reporter GOVERNMENT is seeking investors to fund the construction of an inland fuel dry port, expected to ease a cocktail of challenges bedevilling the economy. In his presentation on Fiscal Measures for Reversing Fiscal Dis-equilibrium during the mid term monetary policy statement, Minister of Finance and Economic Development Prof. Mthuli Ncube said government […]

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212 views
FEATURED
Mining Index Zimbabwe
- October 2, 2018
212 views 3 mins

Electronic diamond exchange launched

By Business Reporter ZIMBABWE Consolidated Diamond Company (ZCDC) has launched a new diamond trading system that is expected to enhance security and bring transparency in selling of diamonds. Officially launched by the Minister of Mines and Mining Development Winston Chitando, the new innovation, Zimbabwe Electronic Diamond Trading System (ZEDTS) will see proper accountability in diamond […]

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