The Reserve Bank of Zimbabwe (RBZ) has suspended the sale of gold coins with immediate effect, following the completion of a final clearance exercise to dispose of remaining inventory, including previously redeemed.
BRITISH miner, Kavango Resources Plc, has identified several new significant gold deposits during its ongoing drilling campaign at the Hillside Gold Project located near Bulawayo.
Kavango has three projects in Zimbabwe, with the.
Ghana is losing billions of dollars in revenue annually to smuggling from its booming artisanal gold mining sector with much of the gold flowing to the United Arab Emirates, according to a.
According to Statistics South Africa (Stats SA), the country’s mining production decreased by 7.7% year-on-year in April, with platinum group metals (PGMs) and gold having made the largest negative contributions and iron-ore.
HWANGE Colliery Company Limited (HCCL) has injected US$8 million into the resuscitation of its coke oven battery, which has been dormant for over a decade.
The move is expected to boost monthly coke.
Angola has through its newly established Angola Diamond Exchange started the process of joining the World Federation of Diamond Bourses (WFDB), which marks a significant milestone in the country’s integration into the.
In Filabusi, in south-eastern Zimbabwe the streets are packed with BMW X5s and Land Rover Defenders, modern houses paid for in cash are springing up and whisky is only sold by the.
Zimbabwe will ban the export of lithium concentrates from 2027 as it extends its push for more local processing, mines minister Winston Chitando said on Tuesday.
Africa’s top producer of lithium, used in.
RioZim Limited has announced that negotiations with a potential investor are at an advanced stage, as the company seeks to secure a substantial capital injection and transfer of majority ownership.
In a statement.
Gold prices rallied to a near one-month high on Monday, as a combination of geopolitical risks and economic uncertainty fuelled investor demand for safe-haven assets.
Spot gold surged 2.6% to about $3,377 an.
