NEWS
Zimplats reports 10% increase in revenue
Zimbabwe’s largest platinum producer, Zimplats, reported a 10% increase in revenue to $152,9 million in the quarter ended December 30 buoyed by firm metal...
Need for mining players to merge forces
Mining is one of Zimbabwe’s largest foreign currency earners, contributing more than 60% of the forex earnings. It also constitutes about 15% of gross...
Gwanda men assaulted for selling fake gold
TWO Gwanda men have been hospitalised after they were severely assaulted for trying to sell fake gold for $5 000 to a dealer.Matabeleland South...
First private mine to produce saleable coal in March
Botswana's first privately owned coal mine will produce its first saleable coal in March, the chief executive of the company overseeing the project told...
Miners oppose EPOs applications
Zimbabwe Miners Federation (ZMF), the umbrella body representing small-scale miners, is opposing applications for Exclusive Prospecting Orders (EPOs) made by 11 local and international...
South Africa miners supports restructuring of struggling Eskom
South African miners support a restructuring of struggling state power firm Eskom to boost competition in the electricity supply industry, an industry body said...
Nedbank withdraws coal power funding
Nedbank South Africa is no longer funding coal power producers.This decision fits with the banking group’s commitment to “green” funding, responsible lending and supporting...
7 reasons why it will take long to formalize the small scale sector
Miners are of the belief that, for the economy of Zimbabwe to be restored to yesteryear’s heights, the mining sector have to contribute remarkably....
Petra collapse due to digging cheap South Africa diamonds
Petra Diamonds Ltd. fell the most in eight months in London after the South Africa-focused miner dug up gems worth significantly less than expected.Petra...
Vedanta’s Zambia unit expansion plans continues despite tax increase
Vedanta Ltd.’s Zambian unit will press ahead with expansion plans even as the government of Africa’s second-biggest copper producer increased mining royalties, and has...
Recent articles
