HARARE, August 21 (The Source) – The central bank’s latest bid to deal with foreign currency shortages will hit hard Zimbabwe’s verdant mining sector, and has been described as ‘catastrophic’ by some industry players. “With immediate effect, 80 percent of all foreign exchange receipts from… Read More
HARARE, August 15 (The Source) – Caledonia Mining Corporation has reported an eight percent increase in gold production at its Blanket Mine to 25,315 ounces in the six months to June 30.
HARARE, August 14 (The Source) – Coal miner, Hwange Colliery Company (HCC) on Monday said it would resume underground mining operations during the last quarter of 2017 following delivery of new equipment at the weekend.
MUTARE, August 11 (The Source) – The Zimbabwe Consolidated Diamond Company (ZCDC) says it will resume mining after it was issued an Environmental Impact Assessment certificate by the Environmental Management Agency (EMA) late Friday.
MUTARE, August 3 (The Source) – The Zimbabwe Consolidated Diamond Company (ZCDC) says it is yet to receive the High Court order barring it from mining in the Chiadzwa diamond fields with immediate effect until it has been granted an Environmental Impact Assessment (EIA) certificate… Read More
HARARE, August 2 (The Source) – Australian-listed junior miner Prospect Resources Limited says the first product samples from its Arcadia Lithium project in Harare are in high demand from potential customers in Asia, Europe and United States and believes it will secure a market for… Read More
BULAWAYO, August 2 (The Source) — Local cutters want the government to scrap the tender system in allocating diamonds, saying some companies are left with no gems if they lose during the bidding.
HARARE, August 2 (The Source) – Zimplats reported an 11 percent increase in revenue to $143,5 million in the quarter to June from $128,9 million in the same quarter last year, driven by a 6 percent increase in platinum group metals (4E) sales volumes.
HARARE, August 1 (The Source) – The High Court of Zimbabwe on Tuesday ordered the state-owned Zimbabwe Consolidated Diamond Company (ZCDC) to stop diamond mining activities in Chiadzwa with immediate effect until it has been granted an Environmental Impact Assessment (EIA) certificate.
ZVISHAVANE, August 1 (The Source) – Sabi Gold Mine in Zvishavane produced 79, 6 kilogrammes of gold in the first four months since reopening in March this year, according to the judicial manager.
HARARE, July 20 (The Source) – Platinum production at Unki Mine for the second quarter to June 30 rose 10 percent to 19,500 ounces compared to 17,800 ounces in the same period last year largely on improved efficiencies at the mine.
By Simbarashe Zishiri, HARARE, July 12 (The Source) – Bindura Nickel Corporation (BNC) is unlikely to reap the economic benefits of the smelter restart project in the short to medium term due to depressed nickel prices and insufficient concentrate at the Trojan Mine to meet… Read More
BULAWAYO, July 6 (The Source) – General Beltings Limited, Zimbabwe’s sole manufacturer of conveyor belts says capacity utilisation has risen to 40 percent but business remains constrained due to an influx of imports despite a government ban on imports.
HARARE, June 30 (The Source) – Hwange Colliery says it will resume underground mining of high value coking coal in October, and expects to start trading profitably from July. Shareholders in May approved a scheme of arrangement to stagger debt repayments, saving the company from going… Read More
HARARE, June 30 (The Source) – Bindura Nickel Corporation (BNC) recorded a 7 percent increase in revenue to $45,1 million in the full year to March from $42,3 million in the prior year, on increased production and sales volumes despite a fall in nickel prices.… Read More