NEWS

Chinese mining group exit Zimbabwe

Chinese mining and exploration group ASA Resources Group says it is tying up a deal to sell-off its shareholding in Bindura Nickel Corporation (BNC),...

Miners affected by Zim drop from S&P?

…a major blow to the mining sectorS&P Dow Jones announced that they will be removing Zimbabwean domiciled companies from its indices from 24 December...

Falgold fails to publish financial results

LISTED miner Falcon Gold Zimbabwe has failed to publish its financial results for the financial year to September 30 this year, citing operational challenges...

Oil prices decline

Oil prices fell yesterday after reports of swelling inventories and forecasts of record US and Russian output combined with a sharp sell-off in stock...

Gold rises

Gold rose to a one-week high yesterday, helped by a weaker US dollar and a fall in global stock markets, but moves were limited...

Hwange Communities raise concern over Deka river pollution

COMMUNITIES in Hwange who, for years, have been affected by Deka River pollution, have raised concern over coal mining companies’ failure to address the...

Pelgin introduces a new model truck in Zimbabwe

Last week Gary Moorcroft, the Managing Director of Pelgin Consultancy Services, handed over a LGMG Rigid Dump truck to Collin Campbell of Pomona stone...

Gold prices decline

Gold prices inched lower yesterday as the dollar held firm below a 19-month peak on safe-haven demand amid concerns of a global economic slowdown,...

Moti Group addresses concerns of wrestling claims from ASM

The Moti Group (MG), a mining company owned by the South African business magnate, Zunaid Moti, has begun addressing concerns raised by a section...

Artisanal miners to obtain substantial value

BUBI Milling Centre (Private) Limited has invited tenders for the construction of a carbon-in-pulp plant in Matabeleland North.The milling centre is one of the...

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