Botswana didn’t sell any diamonds in an unprecedented ad-hoc auction as buyers refused to pay high enough prices, as the global industry continues to grapple with one of its deepest-ever crises.
State trader.
Democratic Republic of Congo President Felix Tshisekedi said on Monday that a US-mediated peace deal signed with Rwanda in June has not calmed fighting in eastern Congo, though he thanked President Donald.
NATIONAL Mine Workers Union of Zimbabwe (NMWUZ) president Kurebwa Javangwe Nhomboka has called for the amendment of the collective bargaining agreement (CBA) for the mining sector.
In a letter addressed to the National.
The Dinson Iron and Steel Company, Zimbabwe’s biggest new industrial investment, has taken its first major production pause since commissioning started last year. The company will shut down its plant for a.
Gold miner Caledonia Mining reports that a person has died following an accident related to secondary blasting at its Blanket mine, in Zimbabwe, on September 22.
The company says its immediate priority is.
Botswana’s president aims to complete a deal to take a majority stake in De Beers by the end of next month, even as his administration and other potential buyers continue negotiations with.
Caledonia Mining Corporation says it is focusing on growing its gold projects in Zimbabwe and doesn’t plan to buy back its shares.
“We have got big investment projects,” chief executive officer Mark Learmonth.
Zimbabwe has finally signed off on a long-delayed plan for India’s Jindal Power to fix Hwange’s ageing power units, which keep breaking down and causing blackouts.
Plans for a loan from the India.
THE High Court of Zimbabwe has struck off a review application by Korzim Strategic Minerals (Pvt) Ltd, ordering the company to pay the costs of the fourth respondent, Fourteen Karate Mining Syndicate.
The.
Gold production recorded strong growth in August, with deliveries to the country’s sole authorised buyer and marketer, Fidelity Gold Refinery (FGR), reaching 4,189 tonnes, a 22,6%increase compared to 3,418 tonnes in the.
