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Author: TEPE

Zim mining sector predicted to boom

Zimbabwe is poised to become a mining giant in the Southern African region on the back of its vast mineral deposits and huge investments...

Thirteen bodies retrieved from Gloria coal mine on Friday

Recovery operations of the remaining trapped bodies within the shaft at Gloria Coal Mine in Mpumalanga had to be halted on Friday due to...

Teranga completes initial resource on Golden Hill

After 18 months of drilling at its Golden Hill exploration project in southwestern Burkina Faso, Teranga Gold (TSX: TGZ; US-OTC: TGCDF) has completed a...

AMCU to extend Sibanye strike to other mines

Workers led by South Africa's Association of Mineworkers and Construction Union (AMCU) plan to down tools at gold and platinum mines next week in...

Newmont beats analysts’ estimates for quarterly profit

Gold miner Newmont Mining Corp beat analysts' estimates for quarterly profit on Thursday, boosted by higher gold production in its Colorado and Ghana mines...

Gold steady

Gold was trading below the previous session’s 10-month peak yesterday as the dollar gained after minutes from the last US Federal Reserve meeting rekindled...

ZETDC sues Metallon Gold

The Zimbabwe Electricity Transmission and Distribution Company (ZETDC) has taken Metallon Gold Zimbabwe to court to compel the gold miner to settle a $9,3...

New monetary policy: The worst possible scenario to the miner

The new monetary policy which was presented by the Reserve Bank of Zimbabwe governor Dr John Mangudya on Wednesday aimed at giving value to...

Mining firms operating in Sub-Sahari Africa urged to invest in renewable energy

A report published by Fitch Solutions states that due to the prevalence of off-grid remote mineral deposits in Sub-Saharan Africa and the fact that traditional grid-power...

South African miner Sibanye raises loss estimate by $100 million-plus

South Africa's Sibanye-Stillwater expects its full-year attributable loss to be more than $100 million greater than guidance in a trading statement last week, it...

New Mines bill includes provisions to regulate artisanal miners

JUSTICE minister Ziyambi Ziyambi has told Parliament that the forthcoming Mines and Minerals Bill will include provisions that will regulate the conduct of artisanal...

New monetary policy: What does this mean to the miner?

In an endeavor to eradicate an inflationary environment in Zimbabwe that can be said to have possibly been caused by the previous monetary policy...

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