NEWS
Angola seeks to boost diamond output, negotiating with major players
Angola plans to boost diamond mining and open a new large mine in the east, aiming to produce 5.7 million carats there in 2023, or more...
Alrosa reports 49% fall in profit in 2020
Russian state-controlled diamond producer Alrosa on Tuesday reported a 49% fall in 2020 net profit to 32.2 billion roubles ($432 million) on lower sales...
Copper to stay tight on long path to new supply, top miner says
One of the world’s biggest copper companies has good and bad news for buyers hit with the highest prices in almost a decade.
On the...
Gold price to decline on cyclical recovery, higher yields – report
Gold prices have trended lower since the start of 2021, amidst rising US treasury yields and an increasingly positive outlook for the economic recovery.Investor...
Ministerial Powers To Grant Tax Incentives Prone To Abuse: ZELA
The granting of tax exemptions to Great Dyke Investment (GDI) reflects unlimited ministerial powers which can be abused if there are no ‘clear and...
China says domestic competition hurting rare earth prices
China’s rare earths, a group of 17 minerals used in military equipment and consumer electronics, are being undersold due to “vicious competition” domestically and...
Zimplats to increase smelting capacity
PLATINUM mining group, Implats, says it is undertaking feasibility studies to set up a fourth concentrator at Zimplats ahead of envisaged increased output from...
Breaking: Vice President Kembo Mohadi resigns
The vice president of the Republic of Zimbabwe Mr Kembo Mohadi has resigned with immediate effect.The Vice President has tendered his resignation to H.E...
Breaking: Lockdown regulations eased
Exemption letters no longer requiredIndustry to re-open in line with WHO guidelinesBusinesses to close at 7 PMCurfew now from 10 PM to 5:30 AMSchools...
Golden Valley Mineworkers fear radiation from full-body scans
Mineworkers at Golden Valley Mine in Kadoma have been submitting complaints to the Zimbabwe Diamond and Allied Minerals Workers Union (ZDAMWU) raising fears of...
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