HARARE, December 13 (The Source) – AIM-listed Premier African Minerals says it has found funders for its Zulu Mine in Matabeleland South and is in negotiations with a potential partner, adding on to Zimbabwe’s already enviable lithium resources.
HARARE, December 11 (The Source) – Australian-listed junior miner Prospect Resources says the change of government in Harare bodes well for its future growth because of its focus on promoting inward investment.
HARARE, December 8 (The Source) – Zimbabwe’s mining sector requires at least $392 million in working capital to sustain operations in 2018, up from the $211 million which was invested this year, an industry survey has revealed.
HARARE, December 7 (The Source) – Bindura Nickel Corporation’s net income grew 88 percent to $2,2 million from $1,2 million in the six months to September, driven by higher mineral prices and cost management initiatives.
HARARE, December 1 (The Source) – Zimbabwe’s biggest gold producer, Metallon Gold has sold off its Arcturus mine to Tawanda Nyambirai’s investment company,TN Securities at an undisclosed price.
HARARE, November 23 (The Source) – Regional cement maker Pretoria Portland Cement (PPC) has turned down Fairfax Africa Investments’ partial offer, saying was not ‘fair and reasonable.’ PPC had appointed Investec Bank to provide an opinion in respect of the partial offer, which concluded that… Read More
HARARE, November 23 (The Source) – Zimbabwe’s refined platinum production in the third quarter of 2017 declined by 21 percent from 120,000 ounces last year to 95,000 ounces owing to furnace maintenance work, reported World Platinum Investment Council (WPIC). In 2016, the southern African nation… Read More
HARARE, November 19 (The Source) – The Zimbabwe Mining and Smelting Company (Zimasco) has signed an agency agreement with New York-based Traxys to market and distribute its ferro-chrome products in North America, a deal seen reviving the struggling miner.
HARARE,November 13 (The Source)- Caledonia Mining Corporation said its after tax profit increased almost three times to $3,1 million in the third quarter to September compared to $1,1 million in the same period last year on increased gold production.
HARARE, November 10 (The Source) – Australian-listed junior miner Prospect Resources has secured a seven year offtake arrangement with Hong Kong based Sinomine Resources Exploration.
South African cement maker PPC Ltd flagged an increase of as much as 40 percent in half-year profit on Tuesday, citing robust performance in Zimbabwe and Rwanda and lower finance costs.
HARARE, November 2 (The Source) – Caledonia Mining Corporation says it has identified additional gold resources at its Blanket Mine, which could extend its lifespan.
BULAWAYO, October 31 (The Source)- Zimbabwe’s largest platinum mine, Zimplats recorded a 0.8 percent decline in output while the second largest Mimosa in Zvishavane recorded a 3.9 percent increase in the first quarter ended 30 September 2017.
HARARE, October 31 (The Source) – Australian junior miner Prospect Resources said it has been granted national project status for its Arcadia Lithium project in Harare by the Zimbabwe government.
HARARE, October 24 (The Source) – The Minerals and Marketing Corporation of Zimbabwe (MMCZ) says mineral export volumes for the period January to September 2017 have improved ‘significantly’ compared to same period in 2016 largely driven by increased chrome exports.