By Simbarashe Zishiri, HARARE, October 13 (The Source) – Zimplats says it is already compliant with Zimbabwe’s beneficiation requirements and will not be affected by the imposition of the punitive 15 percent levy on unprocessed platinum exports from next year, according to chief executive Alex… Read More
HARARE, October 9 (The Source) – Australian-listed junior miner Prospect Resources is considering developing a lithium chemical plant at its Arcadia Lithium project in Harare to extract maximum value. Prospect is a southern Africa focused mining and exploration company based in Perth, Australia, with operations… Read More
BULAWAYO, October 5 (The Source) — Zimbabwe’s mineral exports increased 25 percent to $1,69 billion between January and September, up from $1,35 billion during the same period last year on the back of increased output, Mines minister Walter Chidhakwa has said. Speaking at the Zimbabwe… Read More
HARARE, October 5 (The Source) – Blanket Mine, a 49 percent owned subsidiary of Canada-listed Caledonia Mining Corporation, produced 14,389 ounces of gold in the third quarter ended 30 September, a new quarterly record for the mine.
By Mukasiri Sibanda, HARARE, October 3 (The Source) – “A wealth of information and poverty of attention” is often used against civil society organisations (CSOs) and their inability to understand data. To dispel this notion CSOs, especially the Publish What You Pay (PWYP) campaign in… Read More
HARARE, October 3 (The Source) – Zimbabwe is on course to meet its target to produce 28 tonnes of gold by year end, driven by increased output from artisanal miners, Finance Minister Patrick Chinamasa has said. Gold production in the southern African nation has… Read More
HARARE,September 29 (The Source) – Hwange Colliery Company reported a 23 percent decline in revenue to $18,8 million in the six months to June from $24,5 million last year weighed down by weak sales as a result of low production volumes. Between January and… Read More
HARARE, September 29 (The Source) – Nickel production at Bindura Nickel Corporation (BNC) grew by 2 percent to 1,810 tonnes in the first three months to June over the previous quarter despite a decline in mined tonnage. BNC, a unit of ASA Resources saw mined… Read More
HARARE, September 29 (The Source) – Turnall Holdings says it is negotiating with banks to conclude a scheme of arrangement which will see the manufacturer of building materials restructure its debt. Acting finance director, Samson Mavende told analysts on Thursday that the scheme of… Read More
HWANGE, September 27 (The Source) – Zambezi Gas has secured a full mining licence for 25 years and plans to increase coal production from the current 60,000 tonnes per month to 150,000 tonnes. The miner, which is based in Hwange ventured into the $12 million… Read More
BULAWAYO, September 26 (The Source) – Regional cement maker Pretoria Portland Cement (PPC) says volumes at its Zimbabwe operation rose 25 percent in the period between January to August on increased production at its new Harare mill.
HARARE, September 25 (The Source) – AIM-listed junior miner Vast Resources on Monday said production at its Pickstone-Peerless Gold mine in Chegutu, Zimbabwe was at 16,000 ounces in the year ended March 30, missing its target of 18,000. “Higher than normal rainfall affected operations at… Read More
HARARE, September 18 (The Source) – Australian-listed junior miner Prospect Resources says it is negotiating with potential investors to raise $55 million to construct a concentrate plant for its Arcadia lithium project in Harare.
HARARE, September 15 (The Source) – South Africa’s Impala Platinum (Implats) says it will consider shutting down its Mimosa mine near Zvishavane if government goes ahead with plans to impose a 15 percent levy on raw platinum exports, which it says will make the mine… Read More
HARARE, September 14 (The Source) – Regional cement maker Pretoria Portland Cement (PPC) on Thursday said it had received an offer from Nigeria’s Dangote Cement to acquire the company’s entire share capital.