258 views
FEATURED
Mining Index Zimbabwe
- March 16, 2023
258 views 5 mins

It has emerged Kenya has immense underground wealth after a survey found that there are 970 minerals nationwide. The minerals have been classified as “potential prospects” for further exploration to establish the nature, economic viability and estimated total worth. If the process of confirming these critical minerals, first in 15 select counties considered well-endowed, is […]

119 views
FEATURED
Mining Index Zimbabwe
- March 16, 2023
119 views 39 secs

Seven pupils have been injured at Globe and Phoenix Primary School after a classroom block caved into a mine shaft this morning. The injured pupils have been rushed to Kwekwe General Hospital. The Civil Protection team and school authorities are still conducting a roll call to ascertain if there are pupils still buried under the […]

167 views
FEATURED
Mining Index Zimbabwe
- March 16, 2023
167 views 2 mins

Two more people are said to have died at Redwing Mine in Penhalonga, Manicaland, where secret mining has reportedly continued. According to Newsday, two more artisanal miners died on Monday. The mine was closed in January by the Environmental Management Agency (EMA) over fatal accidents involving artisanal miners. Manicaland police spokesperson Inspector Nobert Muzondo confirmed […]

224 views
FEATURED
Mining Index Zimbabwe
- March 16, 2023
224 views 6 mins

PARADOXICALLY, despite the prospect of wealth that accompanies the discovery of natural resources in Africa, such endowments all too often impede rather than accelerate development. Zimbabwe is no exception. Natural resources have been shown to play a key role in the conflicts that have plagued a number of African countries over the last decade, both […]

303 views
FEATURED
Mining Index Zimbabwe
- March 15, 2023
303 views 2 mins

Diamond mining and marketing company Petra has sold $72.1-million worth of rough diamonds in its fourth tender cycle, which is 12.5% up on the third tender’s like-for-like prices and which is viewed as confirming an improving diamond price trend. Petra CEO Richard Duffy ascribed the positive pricing trend to a recovery in demand from China, […]

354 views
FEATURED
Mining Index Zimbabwe
- March 14, 2023
354 views 55 secs

Zimbabwe’s ban on lithium ore exports has resulted in stockpiles of the key battery metal building up in the southern African country. The ban – introduced by the government last December in a bid to encourage local processing of the metal – has resulted in two-million tons of ore being stockpiled, according to Zimbabwe Miners […]

282 views
FEATURED
Mining Index Zimbabwe
- March 14, 2023
282 views 8 secs

Residents of Hwange and surrounding communities have implored Parliament to enact laws that compel Chinese coal mining companies operating in the area to desist from environmental degradation and respect labour laws. There are more than 10 mining companies mining and processing coal in Hwange. Speaking at a consultative meeting conducted by the Portfolio Committee on […]

305 views
FEATURED
Mining Index Zimbabwe
- March 14, 2023
305 views 51 secs

Energy and Power Development Minister Zhemu Soda has said the commissioning of two new units at Hwange Thermal Power Plant, that is units 7 and 8, “is complex”. This comes amid indications that the state-owned power utility, ZESA Holdings, has missed several deadlines to commission the units and ease load shedding in the country. Last […]

208 views
FEATURED
Mining Index Zimbabwe
- March 13, 2023
208 views 48 secs

China’s efforts to ramp up lithium extraction could see it accounting for nearly a third of the world’s supply by the middle of the decade, according to UBS. The bank expects Chinese-controlled mines, including projects in Africa, to raise output to 705 000 t by 2025, from 194 000 t in 2022. That would lift […]

196 views
FEATURED
Mining Index Zimbabwe
- March 13, 2023
196 views 2 mins

Energy and Power Development minister, Soda Zhemu, has said Zimbabwe’s power situation is set to improve at the end of March when an additional 300 megawatts of power are obtained from the refurbished Hwange Unit 7. Responding to questions in the National Assembly last Wednesday Minister Zhemu said: We are getting a capacity of around […]