NEWS
Scrap metal rush creates circular economy
IN the City of Bulawayo, a struggling steel industry has in the past few years found relief in small-scale producers. These producers have contributed...
Sibanye-Stillwater faces strike at South Africa gold mines
South Africa’s long-divided mining unions have scored a win since forging a united front against the industry’s largest employer as the country’s labour arbitration...
Couple robbed of 1,150kgs of gold, R29 000 & USD1 000 cash
A Kezi couple was yesterday robbed of ZAR29 000 and USD1 000 cash, 1,150kgs of gold bullion.According to the Police an investigation is currently...
Botswana Diamonds shares shoot up on Thorny River potential
Shares in Botswana Diamonds (LON: BOD) soared on Wednesday after the company revealed that its Thorny River project in South Africa was likely to hold kimberlite...
Crypto can’t beat gold as an inflation hedge, says Barrick boss
The world’s second-biggest gold miner is confident prices will hold firm this year, if not rise, as investors use the metal rather than cryptocurrencies...
Foundries target capacity utilisation increase
COMPANIES in the foundry industry are targeting to increase capacity utilisation to 80 percent by the end of the year following the Government’s interest...
Invictus Energy meets share purchase plan target
INVICTUS Energy has met its $2 (AS) million share purchase plan target it requires to fund the development of the Muzarabani oil and gas...
Power cuts derailing production targets’
Players in the industry and mining sector have warned that continued power cuts could derail first quarter 2022 GDP growth targets due to lost...
Hwange residents appeal for review of mining grants
VILLAGERS in Hwange’s Lusumbani area have appealed to government to review underground mining concessions granted to coal miners to ensure they don’t pollute the...
Zisco pays off $40m Zesa debt
DEFUNCT steel manufacturer, Zisco, has paid off a $40 million debt it owed the country’s power utility, Zesa after securing a loan from the...



