Tharisa, the JSE-listed platinum and chrome producer, has acquired Salene Chrome Zimbabwe for US$3 million as part of its growth strategy in the country. Salene Chrome is a low-lost property at development stage on...
Gold output at RioZim fell 27% last year due to low-grade ore at its flagship operation Cam & Motor and breakdowns at the smaller Dalny mine. Gold production fell from 1.66 tonnes in 2019...
Caledonia Mining Corp. has started operations at its US$67 million Central Shaft at Blanket Mine, the company announced on Tuesday. The shaft, which has taken six years to complete, was wholly funded through internally...
Contango, the London-listed resources company, is in talks with Afrochine for the supply of coking coal to be produced at Contango’s Lubu project in Hwange.   A statement by Contango says it is in discussions...
Caledonia Mining posted higher profit for 2020 on record production at Blanket Mine and higher gold prices. EBITDA rose to US$43.3 million, from US$29.9 million in 2019, as revenue jumped a third to US$100 million.
Five months ago, George Roach, the CEO of Premier Africa Minerals, was sounding the frustration shared by many would-be investors in Zimbabwe. He was casting his eyes elsewhere. Bureaucracy was stalling the company’s investment...
The Minerals Marketing Corporation of Zimbabwe (MMCZ) is offering a venture capital partnership to bidders willing to set up a diamond processing company. MMCZ plans to invest in a company that offers a return...
Impala Platinum is to expand processing capacity at Zimplats in order to support increased ouput from its US$290 million investment at Zimbabwe’s largest platinum mine. Development of two Zimplats mines, Bimha and Mupani, will...
Zimbabwe’s decision to compel exporters to surrender more of their foreign currency earnings may leave miners unable to fund operations, according to Anglo American Platinum (Amplats), one of the country’s biggest platinum producers. In...
Alrosa, the world’s largest diamond producer by output, says COVID-19 has not altered its exploration in Zimbabwe and the company plans additional concessions this quarter. The Russian company entered into a joint venture with...
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