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Ferrochrome benchmark price settles higher

The European benchmark ferrochrome price for the second quarter of this year has been settled at $1.52/lb, 5.6% up on the first three months of 2024.

Zimbabwe holds the second-largest known chrome ore reserves after South Africa,.

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Platinum miners fear bloodbath as prices fall

ZIMBABWE’S major platinum producers are reeling under severe headwinds underpinned by plummeting prices, which have induced firms to embark on widespread retrenchments.

Forecasts by the World Platinum Investment Council (WIPC) show that output.

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Govt must help miners

The government should step in to support financially strapped miners and help cut costs by reviewing tax laws and electricity tariffs in order to prevent business closures that might lead to shortages.

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