NEWS

Underground Plant and Machinery Insurance

Underground mining equipment is usually of high value and specialized making it crucial for mining businesses to have the correct insurance coverage to safeguard...

Caledonia raises $5.8m in Zimbabwe placing

Gold miner Caledonia Mining Corporation has announced the conclusion of a placing that raised $ 5.8 million on the Victoria Falls Stock Exchange. The Zimbabwe placing received...

Caledonia: result of Zimbabwe placing & Issue of deferred shares

Caledonia Mining Corporation Plc today announced both the results of the Zimbabwe Placing, and also the issue of the deferred shares in relation to...

Central banks buying gold at an unprecedented rate

Central banks are buying gold at the fastest pace on record in 2023, with a net of 125 tonnes purchased collectively in the first...

Gold buying prices Monday 11 April 2023

Fidelity Gold Refinery (FGR) official gold buying prices Monday 11 April 2023.SG 90% AND ABOVE US$61.14/g SG ABOVE 85% BUT BELOW 90% US$60.17/g SG ABOVE 80%...

New Mines and Minerals Law a welcome game changer, but massive room exists for improvements

After years of debates and uncertainty, the Government finally gazetted the Mines and Minerals Bill in February 2023 to replace the current Mines and...

Simon Rudland, Uebert Angel accounts frozen

INDIVIDUALS implicated in the gold mafia scandal, including prophet Uebert Angel, have had their assets frozen by the Reserve Bank of Zimbabwe’s Financial Intelligence...

Northam Platinum withdraws offer to acquire Royal Bafokeng

Northam Platinum has withdrawn its offer to acquire Royal Bafokeng Platinum, citing the currently low prices of platinum group metals (PGM), saying they had...

Elton Gwatidzo is now the General Manager of Blanket Mine

Engineer Elton Gwatidzo is now the general manager of Caledonia Mining Corporation's Blanket Mine.Gwatidzo relinquished his position as Mine Manager at Bulawayo Mining Company's...

Invictus seeks to raise A$10m through a private placement

Invictus Energy, an oil and gas company with operations in Zimbabwe, announced that it will raise A$10 million through a private placement to institutional...

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