Caledonia Mining Corporation’s Gwanda based miner, Blanket Mine has exceeded its yearly production target after recording total gold production for 2020 of 57,899 ounces. The company had targeted to produce between 53 000 and 56 000 ounces in 2020. Caledonia also surpassed its production target in 2019, producing approximately 55,182 ounces of gold, ahead of
South Africa’s mining companies will support the government in the rollout of covid-19 vaccines as the nation battles a surge in infections, the industry body said on Friday. Mining companies say they are well placed to support the covid-19 response thanks to decades of experience combatting tuberculosis and HIV-AIDS among workers, including the creation of on-site treatment
Market analyst Roskill published a report where it states that China’s increasing control over copper and cobalt resources in the Democratic Republic of the Congo could pose a threat to western market participants. The threats are related to the security of supply, as increasingly close ties between the two countries could pose problems to those in the West looking
Scientists at Michigan State University found that Geobacter – bacteria found in soil and sediment – are effective cobalt miners, as they are able to extract the metal from rust without letting it penetrate their cells and kill them. In a study published in the journal Frontiers in Microbiology, the researchers explain that Geobacter not only survive being exposed
Zimbabwe’s mineral exports, excluding gold and silver, for the year 2020 surged by 27 percent, earning the country US$2,4 billion, the Minerals and Marketing Corporation of Zimbabwe (MMCZ) has said. “Up to December 2020, we managed to surpass target; we had a total sales value of US$2,4 billion against a budget of US$1,86 billion,” MMCZ general
HIGHLANDERS are in advanced talks with a Chinese investor to operate their newly acquired gold mine in Inyathi, with the Bulawayo giants saying they will draft an agreement that will see them getting at least 60 percent of all sales. Highlanders chairman Kenneth Mhlophe, who is seeking re-election in the February 7 elections, said his
THE Zimbabwe Miners Federation (ZMF) says the 40 tonnes gold output target is still achievable if all stakeholders make concerted efforts to support production and plug leakages. Zimbabwe’s gold production has in the last three years continued to decline from 33,2 tonnes achieved in 2018 to 19,052 tonnes in 2020. In 2019, stakeholders in the
THE Kwekwe District Civil Protection Unit, which is conducting a search for three artisanal miners who were buried alive following a mineshaft collapse at Yellow Mine in Kwekwe, yesterday clocked four days without success. The three were reportedly sleeping under a makeshift shade at the mine when a shaft curved in, affecting the ground they
A BULAWAYO man died when a mine shaft he was working in collapsed in Woodville Park on Friday. MacDonald Mhunga (29) and his colleagues were panning for gold when he got trapped under rubble. The shaft is 10 metres deep and his colleagues failed to rescue him. The Fire Brigade was called to the scene
The world’s No. 1 platinum miner said the price of the metal could climb more than 80% over the next four to five years as the global economy recovers and supply dwindles. That forecast comes as demand for platinum-group metals has already rebounded to pre-pandemic levels, Sibanye Stillwater CEO Neal Froneman said in an interview from his farm
