NEWS
7 reasons why it will take long to formalize the small scale sector
Miners are of the belief that, for the economy of Zimbabwe to be restored to yesteryear’s heights, the mining sector have to contribute remarkably....
Petra collapse due to digging cheap South Africa diamonds
Petra Diamonds Ltd. fell the most in eight months in London after the South Africa-focused miner dug up gems worth significantly less than expected.Petra...
Vedanta’s Zambia unit expansion plans continues despite tax increase
Vedanta Ltd.’s Zambian unit will press ahead with expansion plans even as the government of Africa’s second-biggest copper producer increased mining royalties, and has...
Gold prices rose to their highest since May
Gold prices on Wednesday held near eight-month highs hit in the previous session on concerns over U.S.-China trade relations and ahead of the U.S....
Angola to hold first diamond auction
Angola is planning to hold its first diamond auction this week, inviting around 35 companies to bid for seven stones as the world’s fifth...
Small scale miners ordered to inspect mining claims
Government has urged small-scale miners to regularly inspect their claims and warned that it will not hesitate to forfeit mining claims from miners who...
Global economy to influence oil prices
Oil prices this year will be influenced primarily by the health of the global economy, which is why prices have closely tracked equity and...
Significant progress in Muzarabani oil project
Independent oil and gas exploration company, Invictus Energy Limited, says it has made significant progress in its Cabora Bassa Project work programme for the...
Gold miners target 50 tonnes production
SMALL-SCALE miners have set a target of producing 50 tonnes of gold this year after successfully surpassing their mark last year.Zimbabwe Miners’ Federation (ZMF)...
Mining investment on the rise
The Mining Affairs Board, a statutory body under the Ministry of Mines and Mining Development, is currently processing applications for Exclusive Prospecting Orders (EPOs)...
Mining earned more than 3,4 billion
The mining sector earned more than US$3,4 billion last year, driven by high international metal prices and record breaking output particularly for gold, diamonds,...
India thermal coal imports rises
India's 2018 thermal coal imports rose at the fastest pace in four years, according to two industry sources, despite moves by Prime Minister Narendra...
Recent articles
