NEWS
Coal production to increase
PRIVATE coal miner Makomo Resources says it expects to produce 350 000 tonnes of coal per month this year on the back of an...
USD, RTGS Bank exchange rate impacts operations: Mahlahla
Yesterday the Zimbabwe Miners Federation (ZMF) National Chrome Representative Mashonaland Central ZMF chairperson Masango Mahlahla presented a seven point grievance list at the ZMF...
De Beers merges Canadian, South African assets
De Beers Group has decided to merge its mining assets in Canada and South Africa under the name De Beers Group Managed Operations. The...
Tax war won at cost
Last year it was the Democratic Republic of Congo. This year it is Zambia.Both African countries have driven through draconian changes to their mineral...
Palladium hits record high
Palladium hit a record high on Tuesday, surging above $1,550 as a threatened strike by South African mineworkers added to supply risk concerns in...
Beny Steinmetz makes Guinea comeback in Sarkozy-brokered deal
Israeli mining tycoon Beny Steinmetz is making a dramatic return to Guinea after the billionaire ended a bitter dispute with the West African country...
Mick Davis to mine Guinea’s Zogota iron ore deposit
Niron Metals, headed by the former boss of Xstrata Mick Davis, will develop Guinea's Zogota iron ore deposit, previously owned by BSG Resources (BSGR).The...
Barrick makes hostile $17.8 billion bid for Newmont
Canada’s Barrick Gold (TSX:ABX)(NYSE:GOLD), the world’s second-largest bullion producer, is going hostile in its bid to acquire U.S. rival Newmont Mining (NYSE:NEM) and create...
Gold price rises
Gold prices rose on Monday as the dollar fell against the yuan after U.S. President Donald Trump said he would delay an increase in...
RioZim thermal power project to take off
RIOZIM has signed an exclusivity agreement with a Chinese state-owned firm Power China for the construction of a 2000-megawatt (MW) thermal power station in...
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