NEWS
Blanket Mine in record production of over 2 tonnes
Victoria Falls Stock Exchange (VFEX) listed gold-focused miner Caledonia Mining Corporation’s Blanket mine has produced a record 2.1 US tons of gold in 2021 marking...
Arcadia offtaker to cash-in US$8 million after mine sale
The sale of the Arcadia Lithium Mine to Chinese new energy lithium-ion battery material producer, Zhejiang Huayou Cobalt will see offtaker Sinomine Resource (Hong...
Afrochine calls for CSR suggestions
Zimbabwe’s biggest ferrochrome producer Afrochine Smelting (Pvt) Ltd has called on stakeholders and communities to suggest and propose charity work which the miner should...
Caledonia Q4 output up 24%
Resources outfit Caledonia Mining Corporation’s production rose 24% to 18 604 ounces in the quarter ended December 31 2021 from 15 012 ounces recorded...
Gold exports near US$2bn
Zimbabwe’s gold exports rose 42% last year raking in US$1.7bn compared to US$1.2bn earned in the previous year on the back of increased output...
Mining sector requires over US$5bn
Zimbabwe’s mining companies need over US$5bn to recapitalise their operation in 2022 to ramp up production and reach optimum levels, the Chamber of Mines...
‘Zim needs US$17m a month to import power’
ZESA Holdings says it needs at least US$17 million a month to import power, and keep lights on amid rolling electricity outages lasting several...
A golden road ahead
Statistics released by the central bank showed that gold delivered to Fidelity Printers and Refiners was 55% up last year to 29.6 tonnes from...
BREAKING: Arcadia lithium transfer to Chinese miner near completion
The sale of Arcadia Lithium mine to Chinese new energy lithium-ion battery material producer, Zhejiang Huayou Cobalt Co., Limited (Huayou) is near completion as...
Gwanda community happy with Blanket Mine’s Phakama Clinic CSR
Gwanda community has hailed one of the country’s biggest gold producers Caledonia Mining Corporation owned Blanket Mine in Gwanda for building a Covid-19 isolation...
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