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FEATURED
Mining Index Zimbabwe
- March 30, 2024
422 views 5 mins

CEMENT manufacturer PPC faces contrasting fortunes in its home and regional markets, with its South African outlook remaining subdued against positive prospects from its debt free Zimbabwe operations, with earnings before interest, tax, depreciation and amortisation (Ebitda) improving to 13.6% in the 10 month period to the end of January. In January, PPC disposed of […]

314 views
FEATURED
Mining Index Zimbabwe
- March 30, 2024
314 views 3 mins

IN a bid to complement government efforts in scaling up health and safety consciousness among small-scale and artisanal miners, Miners for Economic Development (Miners for ED) Mashonaland West Chapter has embarked on massive educational awareness campaigns to ensure zero or minimal mine accidents. The latest campaign was held at Rowdy Boys 4 Mine, situated 3km […]

679 views
FEATURED
Mining Index Zimbabwe
- March 30, 2024
679 views 5 mins

PhD recipient Dr Steve Chingwaru’s groundbreaking research in geomatallurgy is turning heads. At just 26, he’s uncovered potentially the world’s largest invisible gold resource, valued at R450 billion. Obtaining a PhD at 26 is already a massive achievement, but what makes Chingwaru’s graduation from Stellenbosch University (SU) even more remarkable is his groundbreaking geomatallurgy research […]

479 views
FEATURED
Mining Index Zimbabwe
- March 29, 2024
479 views 2 mins

BINDURA Nickel Corporation Limited (BNC) has projected a decline in profitability for the rest of financial year 2024 (FY2024) due to the protracted shutdown of Trojan Nickel Mine, coupled with the low nickel prices prevailing on the global markets. In a cautionary announcement and profit warning statement, BNC managing director Thomas Lusiyano said the decline […]

634 views
FEATURED
Mining Index Zimbabwe
- March 28, 2024
634 views 2 mins

Zimbabwe’s sole buyer and marketer of gold, Fidelity Gold Refinery (FGR) says the decision to establish more gold centres and providing financing to support artisanal and small-scale mining operations is positively making a substantial impact towards meeting predefined goals. FGR general manager, Peter Magaramombe confirmed that there are now 17 gold centres across the country, […]

268 views
FEATURED
Mining Index Zimbabwe
- March 28, 2024
268 views 3 mins

Zimbabwe’s lithium miners are racing against time to submit their beneficiation plans to government before this week’s deadline. The government seeks to tap into substantial mineral revenue that can be earned from the beneficiation of critical minerals, thus it has given the mining corporations until this Sunday, March 31, 2024, to submit their beneficiation plans. […]

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FEATURED
Mining Index Zimbabwe
- March 28, 2024
550 views 2 mins

Hwange Colliery has doubled coal production, benefitting from new mining equipment and increased demand from the two new thermal power units. The company reports that coal production in the three months to September increased after it invested in new assets for its mines. “The company’s performance during this quarter was fairly better as both production […]

285 views
FEATURED
Mining Index Zimbabwe
- March 28, 2024
285 views 51 secs

Zimbabwe’s platinum miners are asking the government for help in reducing electricity tariffs and fiscal charges so producers don’t have to consider closing some sites. The Chamber of Mines of Zimbabwe, representing most large and medium-scale companies, said the softening of global prices is weighing down the platinum group metals sector. At the same time, […]

466 views
FEATURED
Mining Index Zimbabwe
- March 27, 2024
466 views 50 secs

ZIMBABWE and Eswatini have begun collaboration in the mining and agriculture sectors as the nations aim to strengthen bilateral relations. Eswatini’s special envoy led by King Mswati III’s son, His Royal Highness Prince Lindani is in Zimbabwe to share notes. Speaking to journalists after meeting President Emmerson Mnangagwa at the State House on Monday Lindani […]

618 views
FEATURED
Mining Index Zimbabwe
- March 27, 2024
618 views 6 mins

BLACKGATE Investments, the resources junior that is battling to repossess gold claims within an area being exploited by Bindura-based Ran Mine, has demanded the closure of the asset until a legal dispute over the business is finalised in the High Court, the Zimbabwe Independent can report. Blackgate has been locked up in a fierce legal […]