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NEWS

First Cobalt signs supply deal with Glencore, eyes China Moly contract

First Cobalt Corp said on Tuesday it signed a deal with Glencore and has agreed a tentative pact with a unit of China Molybdenum...

Zambezi gas to up coal exports

ONE of the Matabeleland North-based coal miners, Zambezi Gas is set to increase its exports to 20 percent of its production which is expected...

Police arrest 70 Artisanal miners

The Zimbabwe Republic Police (ZRP) through their Twitter handle yesterday said that they had arrested 70 artisanal miners countrywide.Rudairo MapurangaThe Police have intensified the...

BNC Revenue Down US$3.3 Million Amid Sales Volume Decline

BINDURA Nickel Corporation (BNC) revenue has gone down by US$3.3 million on the backdrop of reduced sales volumes owing to internal strategic arrangements.In a...

China rare earths outlook for 2021, prices expected to rise

Last year a ‘control’ index was drawn up for rare earth mines as China became more aware of the strategic value of this sector;...

Highlanders FC needs $10 million to start exploratory work at Inyathi gold mine

Highlanders need at least $10 million to start exploratory work at their recently acquired gold mine in Inyathi, Bubi district, the Zimbabwe Miners Federation...

Emesent technology helps Petra Diamonds save on ore pass remediation

Highly accurate point cloud data sets from a Hovermap scan allowed Petra Diamonds’ mine engineers to visualize the condition of ore passes for the...

Funds still in the driving seat as copper hits fresh highs

London Metal Exchange (LME) copper last week punched up through the $8,000-per tonne level for the first time since February 2013.LME three-month metal touched a...

New Cat mining shovels feature upgrades to drive efficiencies, lower cost per ton

The 2021 Cat 7495 and 7495 HF electric rope shovels (ERS) combine multiple standard feature upgrades that increase operating efficiency up to 10 percent to improve...

Gold price rally of 2020 crushes analyst forecasts

Gold had a monumental 2020 as bullion soared to multiple record highs throughout the year amid the economic uncertainties brought by the covid-19 pandemic,...

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