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13 arrested for prospecting without a license

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Zimbabwe Republic Police (ZRP) has confirmed the arrest of 13 artisanal miners who were mining for gold without mining titles in Matusadonha last week.

Through their Twitter handle, ZRP confirmed to have arrested the artisanal miners who were mining in a semi-formal method with equipment such as water pumps, picks, pipes, and shovels recovered at the mining site.

“13 people were arrested in Matusadonha for prospecting for gold without a permit on 9/10/20. Shovels, water pumps, picks, and pipes used for the illegal mining activities were recovered.” reads the tweet.

Following an outcry, Zimbabwean authorities recently banned mining in all the country’s national parks after a Chinese company was intercepted in Hwange National Park conducting mining operations.

The following are the Zimbabwe National Parks and the government announced mining is prohibited in these areas as of 8 September 2020.

  • Chizarira National Park
  • Gonarezhou National Park
  • Hwange National Park
  • Gonarezhou National Park
  • Hwange National Park
  • Kazuma Pan National Park
  • Mana Pools National Park
  • Matobo National Park
  • Matusadona National Park
  • Nyanga National Park
  • Victoria Falls National Park
  • Zambezi National Park

Padenga diversifies into gold mining, acquires Dallaglio

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DIVERSIFIED crocodile breeder, Padenga Holdings Limited, has diversified into gold mining following the successful acquisition of a 50,01 percent shareholding in Dallaglio Investments (Private) Limited.

The Zimbabwe Stock Exchange (ZSE)-listed firm has delayed publishing its financial results for the half year ended 30 June 2020 saying it needed time to consolidate financial statements for its newly acquired gold mining venture.

Padenga Holdings has interests in crocodile farming and this year it concluded the acquisition of a 50,01 percent shareholding in Dallaglio Investments (Private) Limited.

The company has since been granted a 30-day extension period by the ZSE in which to publish financial results for six months ended June 30, 2020.

“Padenga will publish its financial statements for this period on or before the 30th of October 2020,” it said in a notice.

“The delay by Padenga in publishing its financial statements has been caused by the need to consolidate for the first time the financial results for its 50,01 percent investment in Dallaglio mining business.

“The external auditors for Padenga and Dallaglio have not been able to complete their review of the consolidated numbers and they would like to audit the interim financials for Dallaglio.”

The exercise is expected to take another two or three weeks to complete.

Padenga acquired Dallaglio from Vast Resources, a diversified mining group. The company is also looking forward to investing in the production of avocados and macadamia. At the moment, Padenga produces and exports crocodilian skins and meat to European and Asia markets. The group is optimistic that both the gold venture and the horticulture project will be successful. With global food demand largely stable and projected to grow, horticulture business is considered value accretive.

The move by Padenga to diversify into gold production and horticulture comes as the global exotic skins industry is facing significant headwinds over the past few years, in particular as bans on exotic skins by some key retailers in the industry is being noted.

In addition, last year, Padenga’s product (crocodile) risk was heightened by the low water levels at Kariba Dam, where the company’s local operations are based. The move to acquire Dallaglio could be strategic in view of the gold’s ‘haven status’ for global investors, which has been further buttressed by the Covid-19 pandemic_Business Weekly

Blanket Mine secures contractor for US$13mln solar project

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CANADIAN-based resources group, Caledonia Mining Corporation, has identified an international renewable energy firm, Voltalia, as the contractor to build a 12MW solar power plant at Blanket Mine in Matabeleland South.

The group, which is listed on the New York Stock Exchange (NYSE), has a 64 percent controlling stake in Blanket Gold Mine.

Recently, Caledonia announced that it had, by way of an at the market sales process on NYSE, secured US$13 million required to implement the solar project. In a latest statement, Caledonia said together with the contractor, they have agreed on an initial design phase of the solar project.

“Further to the announcement on September 4, 2020, regarding the company raising the required funds to invest in the construction of a solar power plant to supply electricity to the Blanket Mine in Zimbabwe, Caledonia is pleased to now announce that it has appointed Voltalia as the contractor for the project,” said the mining group.

Voltalia is listed on the regulated market of Euronext Paris and the international firm has considerable experience in the delivery of renewable energy projects including the development, construction, operation, and maintenance of solar power plants. Already, Voltalia is active notably in Burundi, Malawi, and South Africa.

The mining group looks forward to working closely with Voltalia to deliver a successful project at Blanket Mine in Gwanda which, on completion, is expected to provide an estimated 27 percent of the mine’s total electricity demand.

“This will significantly reduce the risk to the mine of any further deterioration in the quality of grid power, which would necessitate increased use of diesel generators (which are substantially more expensive than grid power),” said Caledonia. The plant will also reduce Blanket Mine’s environmental footprint.

“Caledonia and Voltalia have agreed an initial design phase for the project after which, subject to the conclusion of an Engineering, Procurement and Construction (EPC) contract, procurement and construction are expected to begin with current indicated commissioning for the 12MW solar plant in the last quarter of 2021,” it said.

The project is primarily intended to protect Blanket Mine from any further deterioration in the electricity supply situation.

“Whilst the project is being done for largely defensive reasons, it is expected to yield a modest return to shareholders after taking account of the dilutive effect of the equity,” said Caledonia_Business Weekly

Machete attacks resurface: NPRC says rogue cops to blame for resurgence

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THE National Peace and Reconciliation Commission (NPRC) has raised concern over cases of violence involving machetes which have resurfaced in mining areas in Matabeleland South Province.

The commission has attributed the resurgence of violence to laxity and rogue elements within the police force.

Four miners were hospitalised after they were attacked by a machete gang while at Vova Mine in Gwanda on Friday.

Speaking yesterday during a Churches Converging on Conflict and Peace (CCCOP) inception meeting in Gwanda which was attended by the Gwanda local peace committee, NPRC Commissioner

Leslie Ncube said the commission had received numerous reports of corruption by police at Colleen Bawn and West Nicholson police stations.

Comm Ncube said the commission visited the Gwanda Provincial Hospital on Saturday to see people that were attacked by a machete gang at Vova Mine on Friday as part of their assessment.

“As a commission we are concerned by issues of machete gangs which have resurfaced in Matabeleland South Province in areas such as Vova. Members of the security sector who are charged constitutionally with enforcing laws shouldn’t be found sleeping on duty. People can’t be moving around with machetes and attacking people and then walk scot free. We have security around us and one of its thrusts is to smell and detect where these criminals will strike. These gangs come in vehicles in a manner that would have been well organised and they do this under the watchful eye of the police which is disturbing.

“The reaction from police is very slow. For those who are sleeping on duty heads will roll. I believe that the State hasn’t run out of resources and on that note decisive measures will be taken and those who are not performing their duties will go home. The police have a mandate to protect the people of Zimbabwe and they have to fulfill it. If people continue being attacked in this manner then it means we are not safe as people,” he said.

Comm Ncube said they had raised the Commissioner-General of the Police and were set to hold a closed door meeting with him on Friday to discuss the matter of rogue police officers and laxity within law enforcement agents. He said unnecessary loss of life through violence had to be stopped.

Comm Ncube said they had received numerous complainants from residents in Matabeleland South Province on police corruption, particularly in West Nicholson and Colleen Bawn areas.

He urged the media to expose such corrupt tendencies. Comm Ncube said the media had a role to amplify the voice of the masses.

He applauded churches for their numerous efforts to ensure peace prevailed in communities.

Comm Ncube urged the Gwanda Local Peace Committee to continue with its peace building efforts. He challenged the committee to address various issues of conflict which were being recorded in the community.

The commission, Comm Ncube said, was working together with Zimbabwe Christian Alliance to promote issues of peace building in Matabeleland South Province.

Also speaking during the same meeting, Zimbabwe Christian Alliance (ZCA) Executive Director, Reverend Useni Sibanda said the CCCOP programme sought to address issues of conflict within communities.

“As the Zimbabwe Christian Alliance we have been working with local peace committees to address issues of conflict within communities. The programme that we had initially launched under the banner Churches Convergence on Peace (CCOP) has come to an end and now we are extending the programme for a further one year 18 months under the name Churches Converging on Conflict and Peace (CCCOP). This programme seeks to promote peace after realising that trend of violence in mining areas. Further than that we have realised that there are conflicts that have emerged as a result of the Covid-19 pandemic and more work has to be done.

“Our objective is to ensure that communities are able to transform conflict and revert to dialogue. We are going to retrain local peace committees so that they can address new forms of conflict that have arisen. We will be working closely with the National Peace and Reconciliation Commission,” he said.

Also speaking during the meeting ZCA programmes officer Mrs Runyararo Chilenje said one of their objective was to strengthen and capacitate local peace committees as they had a crucial role to play in promoting peace within communities.

She said they were working with three local peace committees in the province in Gwanda, Matobo and Plumtree. Mrs Chilenje said each committee was supposed to develop its own peace plans.

 

 

The Chronicle

Three teens in machete murder dragnet

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A 24-year-old artisanal miner died on the spot after being brutally speared, axed, and hacked with machetes multiple times, in a suspected gang war in Kwekwe last Friday.

Police have arrested six artisanal miners including three teenagers following the gruesome murder of Edson Jephias of Redcliff town.

Gold turf wars at surrounding mines are believed to be behind the bloody clash.

The police have launched a manhunt for seven other suspects who fled from the scene after the horrific killing.

Midlands provincial police spokesperson Inspector Joel Goko confirmed receiving the report but referred this publication to the national police spokesperson Assistant Commissioner Paul Nyathi for more details.

“Yes, I can confirm that we have arrested six accused people in connection with this murder and seven are still at large. We are appealing to members of the public who might have information that might lead to the arrest of the seven accused persons to approach their nearby police station so that we arrest them,” he said.

Asst Comm Nyathi was not available for comment.

Jephias, police sources said, was allegedly drinking beer in Kwekwe at a local bar with 14 members of his gang when one Tatenda arrived in his brother’s vehicle and reported that the car had been stoned by members of a rival gang known as the Grigambas which the accused persons belong to.

Jephias and his crew allegedly teamed up and went to seek revenge against the Grigambas resulting in the two gangs fighting with dangerous weapons.

The source said Jephias died after being stabbed with spears, cut up with machetes, and axed leading during the fight.

“Arrested were Cabinet Kamurai (17), Cephas Mansami (16), brothers Tafadzwa (26), and Obey Nhenga (27), Tobias Ncube (21) and Imidza Wasarira (16) all from Gokwe South,” said the source.

“The police have launched a manhunt for the other seven members of the Grigambas gang who fled from the scene.”

 

The Chronicle

Artisanal Miners Threaten Africa University Farming

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Officials at Africa University have raised a red flag over the encroachment of artisanal mining activities which are polluting the main water source for their campus agriculture farm.

Addressing journalists at a community reporting press club, Africa University’s Dean of Students George Miti said continuous illegal mining activities on the campus doorstep are becoming a menace.

Miti said they are having sleepless nights over the proximity of illegal gold mining activities.

He said the use of chemicals by the artisanal miners in Mutare River have caused sedimentation and siltation of the river affecting produce from the farm.

“We have a farm at the university where we grow our crops but we are having challenges as we get water from Mutare River. Our pipes are being vandalized because of polluted water due to the illegal mining activities, it’s affecting produce on our farming.

“Sometimes we end up having no network because cables which are underground would have been destroyed, and we are also worried of veld fires.

“We noticed rampant illegal gold mining and we have sought to engage. The mining activities are a mere stone’s throw away for our campus. There are various activities which are affecting us negatively.

“We are witnessing veld fires near the company, and we are in danger because the campus might catch fire.

“The water we use to irrigate from Mutare River has turned deep brown due to the chemicals which artisanal miners use, we even lost an upright pivot after using it for only one year,” said Miti.

Local representative Mutasa South MP Regai Tsunga (MDC Alliance) addressing the same gathering said these issues have been brought to his attention and should be treated as critical demanding all stakeholders’ input.

Tsunga said the proliferation of mining activities are borne out of economic hardships faced by unemployed youths.

He said he has already written a letter to the government and called for an all stakeholders meeting to address illegal mining activities at the campus.

“The issue of illegal mining is a big issue, illegal mining is difficult to stop because of the high unemployment rate in the country is at 90 percent with the youths the most affected group,” he said

“I have already written a letter to the government so that we correct the menace at Africa University and Mutasa district as well, l am calling for an all stakeholders meeting so that we address the menace,” he said.

Tsunga told the gathering that he has already received a complainant from the University of the Illegal Mining Activities_263Chat

Invictus to Commence Field Operations, Completion of Placement with Mangwana

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Australian listed oil and gas exploration company Invictus Energy Limited is set to commence a field reconnaissance program in the next fortnight at its Muzarabani Prospect.

Rudairo Mapuranga

The company has also completed a further placement for the equivalent of AUD$220k at a share price of $0.066 with the Mangwana Opportunities Fund under the second tranche of its equity funding agreement with the Zimbabwean funded investor.

According to a statement released by the oil and gas mining and exploration firm, the company’s Environmental Plan and final cultural ceremonies has been approved and completed respectively giving the company a green light to commence field operations.

“Commencement of field operations in the Cabora Bassa Project Following the approval of the Environmental Management Plan, easing of COVID-19 related restrictions and the completion of the final cultural ceremonies in the Muzarabani and Mbire Districts, the Company will commence field operations in the Cabora Bassa Basin.”

The company statement reads in part that, “the reconnaissance program and baseline survey consist of the traversing of the proposed infill seismic lines for a planned acquisition campaign in 2021 dry season. The program will capture details such as topography, existing access roads, drainage, vegetation cover, soil types, rock exposures, sampling of any natural oil and gas seeps, areas of development (constructions and cultivation), plus any sites of cultural, religious, or historic importance.”

The duration of the program is expected to be approximately 30 days and is in the final stages of planning and will be completed before the wet season.

Invictus Managing Director Scott Macmillan said,

“We are extremely pleased to commence our activity on the ground in the Cabora Bassa Project having now received all of the necessary approvals and restrictions in the country being eased. The Company has a window of opportunity to carry out a reconnaissance program prior to the onset of the rainy season so that we can map out the routes for the planned seismic acquisition campaign next year. This exercise will enable us to map out the optimal route ahead of the survey which will reduce the acquisition time and maximise the efficiency of the survey.

The Company is also pleased to have completed a second tranche of funding from the Mangwana Opportunities Fund at a premium of 10% to the previous closing share price. The funds will be used for the upcoming field program and general working capital.”

Completion of Placement with Mangwana Opportunities Fund

The Company has completed a further placement (Second Tranche) under the share subscription agreement announced on 30th April 2020. The placement raises the equivalent of $AUD 222,148 through the placement of 3,404,186 shares at a share price of $0.066; a 9% premium to the last closing price. The shares issued to Mangwana will be held in escrow for 6 months from the date of completion. The agreement makes provision for a further equity investment by Mangwana for the project over the next 12-24 months as well as assisting the Company in achieving its strategic goals in-country.”

Vast Resources’ Baita Plai Recommences Production

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Vast Resources plc, the AIM-listed mining company,  is pleased to confirm that production has recommenced at its Baita Plai Polymetallic Mine (“Baita Plai”) in Romania.

Following the recommencement of mining, the Company can confirm that daily blasting has been implemented on the mineralised horizon of the Antonio skarn between 17 level and 18 level. The blasted ore is stored underground in both the working place silos and the surface silos. Transport of the ore from the surface silos to the flotation plant silos has commenced in preparation for the hot commissioning of the flotation plant expected to follow shortly.

In addition, the incline project has commenced on 18 level with daily blasts being achieved on the new underground development since 1 October 2020 according to plan. The incline is designed to provide access to the continuation of the Antonio skarn from 18 level down to 19 level and will provide a production base for the next four years.

Based on the success of the recommencement of mining activity, the Company can confirm that it is on track to meet its October production and sales targets as outlined in the project production and associated operational cashflow forecasts announced on 7 September 2020.

Andrew Prelea, Chief Executive Officer, Vast Resources PLC, commented:

“We are delighted that our Baita Plai operation is operational once more.  The swift action our team took to reconnect the mine and flotation plant meant that production was able to resume quickly, resulting in minimal downtime, and importantly, there is no expected impact on October production and sales targets.   With potentially one of the lowest operating costs globally, and significant resource expansion opportunities, Baita Plai has significant commercial potential and we are focussed on realising this inherent value for all stakeholders.”

Invictus CLEANSING NOTICE

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Invictus Energy Limited (“Invictus” or “the Company”), confirms that on 9 October 2020 it completed the issue of 9,124,186 fully paid ordinary shares in the capital of the Company. The Shares were allotted pursuant to an ASX announcement on 12 October 2020.

The Company gives notice pursuant to section 708A(5)(e) of the Corporations Act 2001 (Cth) (Corporations Act) that:

  1. the Company issued the Shares without disclosure under Part 6D.2 of the Corporations Act; and
  2. as at the date of this notice, the Company has complied with:

(a) the provisions of Chapter 2M of the Corporations Act as they apply to the

Company; and

(b) section 674 of the Corporations Act; and

  1. as at the date of this notice, there is no information to be disclosed which is excluded information (as defined in sections 708A (7) and 708A (8) of the Corporations Act) that is reasonable for investors and their professional advisers to expect to find in a disclosure document. ‘Excluded Information’ is information:

(a) that has been excluded from a continuous disclosure notice in accordance with the ASX Listing Rules; and

(b) that investors and their professional advisers would reasonably require for the purpose of making an informed assessment of:

(i) the assets and liabilities, financial position and performance, profits and losses and prospects of the Company; or

(ii) the rights and liabilities attaching to the Shares.

Nigeria pins hopes on first gold project to boost mining sector

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Nigeria’s first industrial gold project is on course to enter production next year, and its success will be crucial for boosting mining in Africa’s biggest oil producer, the country’s mines minister said.

Thor Explorations Ltd. is spending $98 million to develop the project, which will have an annual average output of 80,000 ounces. The Canada-based company’s Segilola mine in the southwest should yield gold by the end of the first quarter of 2021, Minister of Mines and Steel Development Olamilekan Adegbite told reporters in Abuja, Nigeria’s capital, on Friday.

The West African nation has sizable untapped deposits of metals including iron ore, gold, zinc and lead, but almost all extraction is done on a small-scale or manual basis. The government wants to increase mining’s contribution to gross domestic product to 3% by 2025, from less than 0.1% currently.

Thor is “the proverbial company that dares to jump in the shark-infested water and see whether it survives,” Adegbite said. Progress at Segilola will be key to attracting other mining companies to Nigeria, which offers incentives including tax holidays and customs waivers on imported equipment, he said.

Successive administrations have pledged to grow mining’s role in the economy since Nigeria restored multi-party democracy in 1999. Legislation to expand the sector was passed more than a decade ago.

Lagos-based Africa Finance Corp. is backing Thor through a $86 million debt-equity financing package.

(By William Clowes)Bloomberg News