NEWS

Sheppard appointed new CEO Konkola copper Mines

LUSAKA – Vedanta Resources has appointed Christopher Sheppard as the new chief executive officer for its Zambian unit Konkola Copper Mines Plc (KCM), the...

Masvingo quarry firm growing in leaps, bounds

Located 7km from Masvingo City along the Bulawayo Highway, is one of the fastest growing mining firms in the province that is into quarry...

RBZ avails $21,7 million to women and youth miners

The Reserve Bank of Zimbabwe (RBZ) has availed RTGS$21,7 million to assist women and youths in small-scale mining to boost their operations.Speaking recently in...

Zisco still paying over 1 700 workers

THE defunct steel manufacturing firm, Zisco, is still paying over 1 700 former workers two months’ salary as per the July 2018 Labour Court...

Gold slips again

Gold extended losses on Friday, moving further away from a three-week peak hit in the previous session, as appetite for riskier assets improved on...

Prospects reports loss of $4,135 million

PROSPECT Resources (Prospect) says it reported a loss after tax of $4,135 million during the half year ended December 31, 2018 compared to a $2,640...

CALEDONIA registered a 4% increase

CALEDONIA Mining Corporation registered a 4% increase in after tax profits to US$21,42 million in the full year to December 2018 compared to US$20,61...

Amnesty accuses electric vehicles makers of using unethically sourced minerals

Human rights advocate Amnesty International has accused the electric vehicle (EV) industry of selling itself as environmentally friendly while most of the batteries they produce use...

Gunmen kills five miners in Ethiopia

Gunmen in Ethiopia have shot and killed five workers from a mining company in the restive west on Tuesday, residents said, with a TV...

Gold near 3-week peak; palladium at record high

Gold rose on Thursday, trading close to a three-week peak hit in the previous session after the U.S. Federal Reserve phased out a possibility...

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