By Mukasiri Sibanda, February 13 (The Source) – RBZ’s export incentives from 05 May 2016 to 31 December 2017 sterilised mineral royalty revenue by a discounting factor of nearly 86%. This obviously hurts the government’s desire to create fiscal space, when revenue generation is constricted… Read More
HARARE, February 8 (The Source) – Australian listed junior miner Prospect Resources says it will start exploration of rare earth elements (REEs) at its Chishanya carbonatite project in Dorowa, in eastern Zimbabwe.
By Gilbert Makore, HARARE, January 12 (The Source) – Winston Chitando has made the great leap, from running Mimosa Platinum Mine to superintending over the Zimbabwe government’s ministry of mines.
HARARE, December 7 (The Source) – Mineral export receipts are projected to grow 8,7 percent to $2,5 billion next year from $2,3 billion in 2017 driven by the anticipated output growth and modest recovery in international mineral prices.
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 10 (The Source) – Australian-listed junior miner Prospect Resources has secured a seven year offtake arrangement with Hong Kong based Sinomine Resources Exploration.
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
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 25 (The Source) – The Zimbabwe Stock Exchange mining index on Monday went over the 100 point mark for the first time in three years. The resources index gained 7,41 percent to 107,06 points driven by Riozim which was up 11,57 percent to… 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.
By Kuda Chideme, HARARE, September 13 (The Source) – Zimplats says it has agreed to give up 28,000 hectares of land, more than half of its idle mining claims to government, ending a five-year row but analysts say the latest land grab could spook foreign… Read More
HARARE, September 6 (The Source) – Zimbabwe’s platinum production during the second quarter of 2017 fell 13 percent to 105,000 ounces year-on-year, but dropped 9 percent compared to the previous quarter.
HARARE, September 6 (The Source) – Zimbabwe’s largest gold producer, Metallon has made its four mines stand alone operations in a restructuring exercise it says will increase efficiencies.
HARARE, August 31 (The Source) – On Monday this week, government announced that Chinese firm R&F will invest $1 billion in Zimbabwe Iron and Steel (Ziscosteel), the latest attempt to revive the once the largest integrated steel works in the region which shut in 2008.… Read More