NEWS

Significant progress in Muzarabani oil project

Independent oil and gas exploration company, Invictus Energy Limited, says it has made significant progress in its Cabora Bassa Project work programme for the...

Gold miners target 50 tonnes production

SMALL-SCALE miners have set a target of producing 50 tonnes of gold this year after successfully surpassing their mark last year.Zimbabwe Miners’ Federation (ZMF)...

Mining investment on the rise

The Mining Affairs Board, a statutory body under the Ministry of Mines and Mining Development, is currently processing applications for Exclusive Prospecting Orders (EPOs)...

Mining earned more than 3,4 billion

The mining sector earned more than US$3,4 billion last year, driven by high international metal prices and record breaking output particularly for gold, diamonds,...

India thermal coal imports rises

India's 2018 thermal coal imports rose at the fastest pace in four years, according to two industry sources, despite moves by Prime Minister Narendra...

ZSE engages suspended Hwange Colliery

THE Zimbabwe Stock Exchange (ZSE) says it will engage suspended Hwange Colliery Company Limited (HCCL) in an effort to set a new course for...

ZCDC to carry exploration in Marondera

STATE-RUN diamond firm, Zimbabwe Consolidated Diamond Company (ZCDC), says it will carry out exploration work for gems in Marondera district as part of its...

Unki Platinum reported a 15% production increase

ANGLO American Platinum’s local unit, Unki Platinum, reported a 15% production increase to 85 900 ounces in the full year to December 2018 up...

Global aluminium production at weakest performance since 2009

Global aluminium production grew at its slowest pace in a decade in 2018, and most of that was in the first half of the...

Freeport profits less as copper prices drop

Freeport McMoRan Inc shares slid 9 percent on Thursday after the world's second-largest copper miner posted lower-than-expected quarterly profit and forecast a drop in...

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