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.
BULAWAYO, July 19 (The Source) — Zimbabwe is planning to release one million hectares of protected land to small-scale gold miners across the country to boost production, Mines and Development deputy minister, Fred Moyo has said, a development that threatens wildlife areas.
HARARE, May 29 (The Source) – Caledonia Mining Corporation says it will seek shareholder approval to consolidate the share capital of the company to facilitate the listing of its shares on the New York Stock Exchange (NYSE MKT). The junior miner, which operates Blanket Mine… Read More
HARARE, May 9 (The Source) – Caledonia Mining Corporation has cut its gold production target this year to between 52,000 and 57,000 ounces from 60,000 oz despite improvements in tramming capacity at its Blanket Mine, the company said on Tuesday. Canada-listed Caledonia is one of… Read More
HARARE, April 24 (The Source) – London-listed junior miner Vast Resources on Monday said production at its Pickstone-Peerless Gold mine in Zimbabwe grew to 2,974 ounces compared to 2,808oz over the same period last year despite a fall in milled ore. The miner said high… Read More
HARARE, April 20 (The Source) – Caledonia Mining says gold production at its 49 percent- owned Blanket Mine in southern Zimbabwe rose by 18 percent to 12,794 ounces in the three months to March 31. The junior miner says it expects to meet its annual… Read More
HARARE, March 21 (The Source) – Caledonia Mining Corporation on Tuesday reported an 18 percent increase in gold production to 50,351 ounces in the year to December 31, 2016 – the highest output ever at its Blanket Mine near Gwanda. Net profit nearly doubled… Read More
BULAWAYO, February 21 (The Source) – Gold production at Pickstone-Peerless mine in Chegutu dropped by 11 percent to 4,356 ounces in the fourth quarter ending December 2016 due to increased rains that disrupted mining and milling operations. In a quarterly production summary released on Tuesday,… Read More
February 21 (The Source) – The Zimbabwe Environmental Law Association on Tuesday met with artisanal gold miners in Harare to address issues of transparency and accountability in the gold industry. Plaxedes Sibanda reports…
HARARE, February 20 (The Source) – Zimbabwe’s largest gold miner, Metallon Corporation on Monday reported an annual production of 94,212 ounces for 2016, two percent lower than the 96,530oz achieved previously after a poor fourth quarter. The miner missed its revised target of 102,000oz, following… Read More
HARARE, January 31 (The Source) – London-listed junior miner Vast Resources says it has agreed to sell nearly half of its shares in its Pickstone-Peerless gold mine in Zimbabwe to a Mauritian investment company for $4 million to minimise exposure to economic uncertainty in the… Read More
HARARE, January 31 (The Source) – Zimplats reported a 27 percent increase in after-tax profit to $20.6 million for the three months to December 2016 driven by a 41 percent increase in revenue. Revenue rose to $139 million from $98.5 million in the previous quarter… Read More
HARARE, January 26 (The Source) – Resources group RioZim says it will pay $8 million for Falcon Gold’s Dalny Mine, a deal which will double its asset value and increase gold output by 100 kilogrammes per month after a year. The agreement, which was first… Read More
HARARE, January 23 (The Source) – Zimbabwe is considering scrapping royalties levied on gold producers in order to boost output, the minister of mines, Walter Chidhakwa has said. Gold miners currently pay three percent royalties after Finance Minister Patrick Chinamasa lowered the fees to 5… Read More