Rather than withholding investment, South Africa needed to ramp up investment in the fossil fuels sector – particularly coal – to stave off a prolonged energy crisis that started already in 2021,.
THE Auditor-General’s (AG) office has red-flagged the ministry of Mines and Mining Development’s financial accounts citing a possible understatement of an amount disclosed as public financial assets.
According to the AG’s 2020 report,.
Zimbabwe’s mining industry is engaging the government over the volatile operating environment which has pushed most of the resources firms to the brink.
The multibillion dollar industry, projected to grow by 8% this.
Diamond production is expected to rise 19% this year to 5m carats from 4,2m achieved last year due to the opening up of the world economies following the slowing down of the.
The Moscow Diamond Bourse paused operations during the Russia-Ukraine war and has stepped back from the World Federation of Diamond Bourses (WFDB).
The exchange temporarily stopped its activity on March 7 and suspended.
Diversified miner Glencore has published its inaugural Ethics and Compliance Report, with key findings including the group’s 5% reduction in total emissions in 2021 and payments to governments totalling $7.6-billion.
The report states.
ZICOSTEEL board chair Martin Manuhwa says Kuvimba Mining House’s undertaking to revive Ziscosteel is the best deal the former steel-making company has had.
Kuvimba, linked to tycoon Kuda Tagwirei, is set to inject.
RioZim, which had been banking on Chinese financing to build a major coal-fired power plant, says it is now looking for alternative backers as China pulls back on funding such projects overseas.
The.
A capital shortfall of US$10 billion over the next five years will limit Zimbabwean mines’ ability to build on better commodity prices expected this year, the Chamber of Mines says.
Gold and platinum.
Zimbabwe’s mining sector is anticipating to benefit from elevated commodity prices in the international market this year with the Russia-Ukraine conflict playing a more prominent role in driving up prices.
Export receipts are.
