NEWS
Palladium price hits 6 month high as Russia invades Ukraine
The palladium price jumped on Thursday as Russian forces invaded Ukraine after President Vladimir Putin authorized what he called a special military operation.
Spot palladium...
Aluminum price jumps to record as Russian attack boosts supply risks
Aluminum rallied to a record in London and nickel surged to the highest in more than a decade, pacing gains in industrial-metals markets as...
Will Hwange Become Zim’s Next Ghost Town? As World Moves Away From Fossil Fuels
One of the major outcomes from the climate summit (COP26) in Glasgow, Scotland last year was the bold call by world leaders to phase...
BREAKING: Minimum wages raised to ZWL$44640
The Associated Mine Workers Union of Zimbabwe (AMWUZ) has completed salary negotiations for the first quarter today.Highlights1) The minimum has been raised from...
Caledonia in gold price hedge
Caledonia Mining Corporation Plc has entered into a zero-cost contract to hedge approximately 25% of 2022 target gold production at Blanket via a cap...
Zim earns US$30m from Arcadia deal
ZIMBABWE is set to reap about US$30 million as capital gains tax from the sale of Arcadia lithium project by Prospect Resources to a...
Miners’ royalties headache
Zimbabwe’s mining industry wants to wholly pay royalties, taxes and other levies in local currency to improve the viability of the sector amid revelations...
Chinese Miner Ditches Controversial Quarry Project
Freestones Mine Private (Ltd), a Chinese mining company, has informed authorities at Civic Centre through a Notice of Cancellation, that it will not advance...
Falling boulder kills miner
The Zimbabwe Republic Police (ZRP) has reported a fatal mine accident that occurred at West Nicholson ‘B’ Mine.
The ZRP said on Monday, the victim...
Nickel price hits decade high as Ukraine tensions fuel supply concerns
Nickel rose to $25,000 a ton for the first time since 2011, extending a rally driven by dwindling global inventories and concerns that Ukraine...
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