News that nickel prices have hit five-year highs should cheer
Zimbabwe’s Bindura Nickel Corporation (BNC), the country’s nickel miner.
But, just as Zimbabwe's gold producers are missing out on a gold rally, BNC may...
Zimplats says the US$264 million development of Mupani mine,
which will replace two of its older mines, is ahead of schedule and the new
operation is projected to reach full production in 2025.
The platinum...
Prospect Resources has signed an MoU with African
Continental Minerals (ACM) for the supply of power to the Arcadia lithium
project, and is exploring imports from the region to fire up the mine it is
developing near Goromonzi.
Caledonia Mining has downgraded its guidance on annual production at Blanket Mine to account for lower-than-expected grade and unreliable power supply. Production guidance for 2019 has been cut to between 50,000 and 53,000 ounces, down from...
South African alcoholic beverages firm Distell Group said on
Wednesday it expects full-year headline earnings to fall as much as 6% and has
written down the value of its investment in Angola and took a credit loss
provision in Zimbabwe.
As the gold price touched all-time highs late August 2011, Zimbabwe’s government was not, as would be expected, doing all it could to ensure the country capitalised on the boom. Instead, the government was moving to cancel...
Zimbabwe's crocodile skin producer Padenga will diversify from the luxury goods market with the acquisition of gold assets through a 50.1% shareholding in Dallaglio Investments.
Dallaglio’s assets include Pickstone Peerless in Chegutu, whose current...
By Thomas Zvirekwi
Zimbabwe aspires to be an upper middle income economy by
2030. To support such an economy, the country needs 11,000MW of power, which
translates to a requirement of an additional 1,000MW every year...
Caledonia Mining Corporation says it has completed its shaft
sinking at the new central shaft at Blanket Mine, part of the London and New
York-listed firm’s plan to ramp up gold production.
The project has...
It's the dry season for Delta Corporation, in more ways that one; Zimbabwe consumers are spending less on beer and soft drinks, while the drought threatens the company's supply of critical cereals.
Delta...
