NEWS

Iron ore price slump justified by improving supply, China steel control

Iron ore’s rapid retreat in recent weeks shows once again that price pullbacks can be as disorderly as the exuberance of rallies, before the fundamentals of...

US$1bn steel plant ready for take of

SEVERAL arms of Government in the Midlands Province say they are ready to smoothen the way for the birth of the US$1 billion Mvuma...

Zimbabwe to become an oil producer

Zimbabwe is in the process of becoming an oil producer with Australia Stock Exchange-listed oil and gas exploration firm Invictus Energy moving towards drilling...

Zim to exhibit energy sector to SA investors

Zimbabwe, a mineral rich country in Southern Africa where recent exploration activities have led to strong indications of potential significant oil and gas prospects...

New steel plant investor commends Govt

THE investor behind the US$1 billion new steel plant to be located in Mvuma, Midlands province, has applauded the Government for creating a conducive...

FPRunbundling to drive gold industry

THE Zimbabwe Environment Law Association (ZELA) says plans by the Government to unbundle Fidelity Printers and Refiners (FPR) has potential to improve local beneficiation...

BREAKING: Chitando hands over new maps to Bindura Ministry of Mines

Minister of Mines and Mining Development Hon Winston Chitando has handed 14 brand new maps to Mashonaland Central provincial office. Anerudo Mapuranga The state of mining...

BNC target to reach Covid-19 herd immunity

ZIMBABWE Stock Exchange-listed nickel producer Bindura Nickel Corporation (BNC) aims to reach Covid-19 herd immunity among members of the mine’s community as more vaccines...

Fidelity wary of gold output target

Zimbabwe’s sole gold buyer, Fidelity Printers and Refiners (FPR) is cautious of reaching 27 tonnes of gold output this year due to the late...

Crackdown chases away gold producers

A crackdown by the police and the Environmental Management Agency (EMA) on illegal gold miners has forced Zim Goldfields, a joint venture between Zimbabwe...

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