NEWS

Unki’s 2019 platinum output up 2pc

Zimbabwean platinum producer, Unki Platinum’s 2019 platinum output, rose by 4 percent to 89 500 ounces (oz) from 89 400oz in 2018.For the fourth...

What is artisanal gold, why is it booming?

A rapid rise in the price of gold since 2000 has driven millions of people to deposits in Africa, South America and elsewhere where...

Govt nears finality on 100 tonnes gold plan

The government says it will complete crafting the strategy for ramping up annual gold production to over 100 tonnes and grow export earnings from...

Gold price edges lower

Gold prices edged lower yesterday, consolidating near the $1,550 level, ahead of a policy decision by the European Central Bank, although mounting concerns over...

Vast finalises financial deal for Chiadzwa diamond venture

AIM-listed mining group, Vast Resources Plc Monday disclosed it had finalised a financial deal it negotiated with international financial institutions for its Chiadzwa diamond...

Oil slides

Oil prices fell more than 2 percent on Wednesday as a market surplus forecast by the International Energy Agency (IEA) and demand worries outweighed...

Russian company wants to supply fuel for diamonds barter trade

The head of Tatneft, Nail Maganov, said on the sidelines of the current Davos Forum that his company is working on fuel supplies to...

UK firm raises USD1.8m for Zim coal project

United Kingdom-based investment company Contango Holdings has raised USD 1,836,821 million, before expenses, through a conditional placing of 28-million new ordinary shares at £0.01...

Palladium rallies

Palladium looked set to extend its record-breaking rally even as investors mulled whether the metal has rallied too high, too fast.Prices flipped to gains...

Bertha tunnel boring machine

Bertha was a 17.5 m diameter tunnel boring machine built specifically for the Washington State Department of Transportation's (WSDOT) Alaskan Way Viaduct replacement tunnel project in Seattle. It was...

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