Rio Tinto on Thursday became the first major mining company to announce it was cutting all ties with Russian businesses, joining a raft of leading Western companies in a pullout following Moscow’s.
A fight has erupted in the gold rich Mazowe area — 40km north of Harare where a group of farmers are reportedly disrupting operations at a mine.
A long running attempt to have.
GOVERNMENT’S plans to dispose of its controlling stake in the country’s sole gold buyer Fidelity Printers and Refiners (FPR) is under scrutiny by some gold producing firms shortlisted for the US$49 million.
A LEADING resources campaigner has claimed that Zimbabwe’s elite are reluctant to push through amendments to the Mines Act, a 60-year-old legislation that has outlived its usefulness.
The Zimbabwe Coalition for Debt and.
China will boost the production of more modern coal mines and enhance coal reserve capacity, and aims to increase the government-deployable storage to 5% of local consumption, the country’s state economic planner.
Europe’s surging demand for coal is reviving an infrequent trade lane for shipments from South African mines.
The fossil fuel typically heads east from Richards Bay Coal Terminal, the continent’s biggest export hub..
Metals are breaking new records with copper spiking to an all-time high and nickel surging more than 16%, as soaring energy prices and fears of supply shocks rattled commodities markets amid war.
Gold prices on Monday scaled the $2 000-level for the first time in a year-and-a-half, as investors rushed to the safety of the metal in the wake of an escalating Russia-Ukraine crisis,.
The US has imposed sanctions on Alrosa and its CEO, Sergey S. Ivanov, in response to Russia’s invasion of Ukraine.
The diamond miner is one of 11 entities the Department of the Treasury.
Acompany controlled by sanctioned Israeli billionaire Dan Gertler will return mining and oil assets to the Democratic Republic of Congo, the government said.
The deal “puts an end to the legal disputes” between.
