Listed miner, Bindura Nickel Corporation (BNC) recorded a subdued performance during the nine months to December 31 2023 following the decline in high-grade resource footprint and the low international commodity prices.
The company’s.
Sandawana Mines, a subsidiary of Kuvimba Mining House, says about 300 workers have been let go as a result of falling price of lithium on the international market, it has been learnt.
This.
The government is shutting down three thermal power stations, with a combined installed capacity of 240MW, because they have become too old and costly to run.
According to Energy Minister Edgar Moyo: “At.
AUSTRALIAN energy firm, Invictus Energy Limited, has recovered hydrocarbons at its second drill site in north-east of Zimbabwe, indicating further natural gas and oil deposits.
The second drilling site, called Mukuyu-2, was identified.
Members of Parliament have piled pressure on the government to crack down on mining companies that are reluctant to fulfil their Corporate Social Responsibility (CSR) obligations to communities in which they operate.
In.
Small-scale miners are facing challenges in maintaining the value of their hard-earned money due to the discrepancy between the US dollar and Zimbabwean dollar (ZWL) exchange rates.
The issue was raised by Zanu.
Zimbabwean government is facing calls to enforce its gold pricing policy after allegations emerged that private players are purchasing the yellow metal at higher prices than the State-set rate.
The allegations were raised.
MINERS have been encouraged to invest in digital mining to streamline processes, a move that will boost efficiency, productivity, safety and sustainability, NewsDay Business can report.
Digital mining involves leveraging on digital technologies.
THE government’s gold mobilisation unit has been unable to function due to funding constraints and this is crippling its operations.
The gold mobilisation unit, headed by Major-General Chris Mupande, comprises officials from the.
