NEWS

Glasenberg said to meet Tshisekedi after ties strained

Glencore Plc Chief Executive Officer Ivan Glasenberg met the Democratic Republic of Congo’s new president this week, their first encounter since Felix Tshisekedi took...

Platinum prices low: S.A output jump will push oversupply to 6-year high|

On Wednesday, platinum futures was in retreat again, sliding to $832 an ounce after a new study predicted the largest market surplus in at...

Barrick Gold sets conditions to negotiate with Newmont

Barrick Gold’s (TSX:ABX)(NYSE:GOLD) chief executive Mark Bristow said Monday he’s open to negotiate with rival Newmont about a deal to work together in Nevada,...

Newmont rejects $18B hostile bid by Barrick

Newmont Mining (NYSE:NEM) rejected Monday rival Barrick Gold’s (TSX:ABX)(NYSE:GOLD) all-stock $18 billion hostile takeover offer, but left the door slightly open by countering with the terms of...

Gold edges above five-week low

Gold prices inched up today, after recovering from a more than five-week low in the previous session, supported by a pause in global equities’...

Zim ranked second on worst mining policy

ZIMBABWE has the second worst attractive mining policies in Africa, ranking better than the Democratic Republic of Congo (DRC), a new report has shown.According...

Chinese company ordered to stop operations

THE Environmental Management Agency (EMA) has ordered an Umguza-based Chinese brickmaking company to stop operations pending processing of its Environmental Impact Assessment (EIA) certificate.Homestead...

Gold steadies

Gold steadies today, but hovering near a five-week low touched in the previous session, as rising U.S. Treasury yields boosted the dollar.Spot gold crept...

New granite cutting and polishing plant in Mutoko

Zimbabwe is set to have another mega-plant that will be producing tiles and other related granite products, the Daily News reports.This comes after Surewin Investment...

Caledonia cries foul over export incentive

AIM-listed mining group, Caledonia Mining Corporation, says its earnings per share will decline by approximately US$5,4 million after the Reserve Bank of Zimbabwe (RBZ)...

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