In response to a downturn in commodity prices, Zimplats, the country’s largest platinum group metal (PGM) producer, has initiated voluntary retrenchment measures to minimize the impact of spending cuts on its growth strategy, including the US$1.8 billion expansion program. According
Engineer Tirivashe Eddington Vere has now taken the position of Head of Mining Operations for Firestone Diamond Pvt Ltd (Liqhobong Mine) which is one of Lesotho’s largest diamond producers by volume. The Lesotho-based company headhunted the Mining Executive and the
Australia Stock Exchange-listed oil and gas exploration company Invictus Energy has confirmed a significant gas discovery at its Mukuyu2 exploration well at the Cabora Bassa Project in Zimbabwe. Rudairo Mapuranga According to Invictus Managing Director Scott MacMillan, a total of
South African police are investigating the discovery of at least 21 bodies suspected of being illegal miners that were found near an active mine in the town of Krugersdorp, west of Johannesburg. According to police, 19 bodies were discovered on
Eddington Tirivashe Vere has been appointed Bindura Nickel Mine (BNC) Mine Manager. Vere a well-respected figure in large scale mining circles had been the Head of Mining at R Davis in charge of the inception of the Western Coal project
South Africa’s tax authority South African Revenue Service (SARS) has uncovered a $1.8 billion gold scam, in which coins and jewellery were illegally smelted into gold bars for sale overseas, a watchdog said Thursday. Between 2012 and 2020, the scammers
Two mineworkers have been rescued and the bodies of three have been recovered at Impala Rustenburg 6 Shaft, which suffered an underground mud-rush incident. Search and rescue operations continued around the clock following the incident took place on Sunday, November 28. Eight search and
Prospect Resources says it will forge ahead with its Arcadia Lithium project in Zimbabwe despite the country’s risk profile and has put in place measures to minimise potential impact of the sovereign risk. Assays carried out last year have confirmed
EXTENSIVE resource definition and quantification works being undertaken by a Russian firm, Alrosa, at the Malipati Diamond Project in Matabeleland South, has revealed a rare and high-value species of diamonds that have potential to change the face of Zimbabwe’s gem
Eskom warned yesterday of a “severely constrained” power system after the return to service of five generation units was delayed, while a further two units went offline. “We urge the people of South Africa to reduce electricity consumption in order
