NEWS

Coke prices threaten Foundry Industry operations

FOUNDRY industry operators are crying foul over the increase in coke prices, which they say is a threat to the viability of their operations.Globally,...

Kuvimba Deal The Best Ever For Ziscosteel, Says Board Chair

ZICOSTEEL board chair Martin Manuhwa says Kuvimba Mining House’s undertaking to revive Ziscosteel is the best deal the former steel-making company has had. Kuvimba, linked...

Diamond output to rise 19% this year

Diamond production is expected to rise 19% this year to 5m carats  from 4,2m  achieved last year due to the  opening up of the world economies following...

EIA compliance on black granite impresses EMA

The Government is impressed with the rate of compliance by companies mining black granite in Mutoko, Mashonaland East province to undertake Environmental Impact Assessment...

Zimbabwe’s coal projects hunt for new backers after China’s U-turn on funding fossils

RioZim, which had been banking on Chinese financing to build a major coal-fired power plant, says it is now looking for alternative backers as...

Mines see US$10bn funding shortfall

Zimbabwe’s mining industry sees a funding shortfall of US$10 billion over the next five years, a challenge compounded by erratic power supplies and exchange-rate...

Metals world agonizes over war but keeps buying from Russia

Last month, 13 copper-industry representatives at the London Metal Exchange were asked whether Russian metal should be blocked from its warehouses. Ten of them...

Tharisa plans to start platinum output in Zimbabwe in two years

Tharisa Plc, the South African miner run by the Pouroulis family, plans to start producing platinum in Zimbabwe within 24 months after acquiring a...

Zim readies for African diamond producers meeting

From being treated as a pariah in the global diamond industry in the not too distant past,the remarkable work that Zimbabwe has put in...

UK’s Red Rock Resources is the latest to seek a slice of Zimbabwe’s lithium assets

Red Rock Resources plc, a UK-listed exploration company, has acquired lithium claims in Zimbabwe and is setting up a lithium exploration unit in the...

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