NEWS

Bikita Minerals upgrades plant

Zimbabwe’s largest lithium miner, Bikita Minerals has upgraded its plant which will now be able to beneficiate its own lithium ore and that of...

EPOs delay, an insult to Mnangagwa’s US$12 billion mining industry

Poor work ethics and incompetency at the Ministry of Mines and Mining Development especially on delaying to grant or reject Exclusive Prospecting Orders (...

Lithium value addition key in Covid-19 period

Value addition is key to make sure that lithium miners in Zimbabwe benefit from the effects of the Covid-19 pandemic that has affected global...

Nyenje calls miners to adhere to safety and Covid-19 regulations

Zimbabwe Miners Federation (ZMF) chairperson Makumba Nyenje has called on small-scale and artisanal miners to avoid casual movements during the lockdown to curb the...

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...

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