393 views
FEATURED
Mining Index Zimbabwe
- March 15, 2023
393 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, […]

426 views
FEATURED
Mining Index Zimbabwe
- March 14, 2023
426 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 […]

316 views
FEATURED
Mining Index Zimbabwe
- March 14, 2023
316 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 […]

433 views
FEATURED
Mining Index Zimbabwe
- March 14, 2023
433 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 […]

264 views
FEATURED
Mining Index Zimbabwe
- March 13, 2023
264 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 […]

232 views
FEATURED
Mining Index Zimbabwe
- March 13, 2023
232 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 […]

368 views
FEATURED
Mining Index Zimbabwe
- March 13, 2023
368 views 3 mins

BRITISH-BASED natural resources firm, Contango Holdings PLC (CHP) has announced the completion of its first small-scale coke battery at the Lubu coal project in Hwange. To facilitate testing by potential offtake partners and for the company’s internal investigations and quality control, the pilot coke plant has been built on-site to create coke from washed coking […]

449 views
FEATURED
Mining Index Zimbabwe
- March 10, 2023
449 views 3 mins

Marula Mining, a UK mining company focused on Africa, is entering the Zimbabwean market after identifying opportunities in copper and lithium. The company has established a Zimbabwean arm, Muchai Mining, which will lead Marula’s plans to secure near-term and advanced lithium and copper opportunities in Zimbabwe, which is looking to attract investment in battery metals. […]

161 views
FEATURED
Mining Index Zimbabwe
- March 10, 2023
161 views 21 secs

Gold production in Zimbabwe dropped by 26% to 3.79 tonnes in the first two months of this year from the 5.129 tonnes reported in the preceding comparative period. The significant drop in gold output has been blamed on heavy rains received in most parts of the country. Fidelity Gold Refiners (FGR) general manager, Peter Magaramombe […]

283 views
FEATURED
Mining Index Zimbabwe
- March 10, 2023
283 views 7 mins

Zimbabwe’s quest to harness mining for transformative development is well enunciated in the National Development Strategy (NDS1) 2021-2025. Aware of the challenges to harnessing the country’s mineral wealth for the benefit of the nation, the NDS1 identifies weak governance as a major risk. To partly manage this risk, the long overdue reform of the Mines […]