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NEWS

Oil prices rise Oil prices rise

LONDON. — Oil rose yesterday following media reports that China was open to agreeing a partial trade deal with the United States, while unrest in...

New dates for mining indaba

THE Zimbabwe Miners Federation (ZMF) has announced November 5 and 6 as the new dates for the Semi-precious Stones Convention, which is set to...

Panner dies in mine shaft fall

A GOLD panner died after he fell into a 20-metre-deep mine shaft in Umzingwane while illegally prospecting for the mineral.Matabeleland South provincial police spokesperson,...

Gold holds firm

Gold prices yesterday held on to the previous session’s gains, as fading hopes for progress in US — China trade talks hit risk appetite,...

Eureka tipped to be major gold producer

Delta Gold’s Eureka Mine near Guruve in Mashonaland Central Province, is set to become the country’s largest gold producer within the next two years...

ZCDC plans huge diamond output leap

The Zimbabwe Consolidated Diamond  Company (ZCDC) said on Friday it is aiming to ramp up output to 10  million carats per annum in the...

Hwange Power Station increases output

THE Zimbabwe Power Company (ZPC) says Hwange Power Station is now generating an average 500 megawatts per day after the refurbishment of unit 5,...

Coal piling up in Europe

Stockpiles of coal are surging at some of Europe’s largest ports as utilities from Germany to Spain are increasingly favouring cleaner gas in power...

RioZim closer to 2 400MW power deal

RIOZIM will sign an engineering procurement and construction contract (EPC) with Power China for the first phase of its 2 400 Megawatts (MW) Sengwa...

Zimplats records slump in production

Zimbabwe’s largest platinum producer Zimplats recorded a 36,1% slump in production volumes to 415,72kg in August as rising inflation, coupled with power cuts and...

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