Search results: ferrochrome

Asa Resources has concluded the sale of its controlling interest in Bindura Nickel Corporation (BNC), the country’s largest nickel producer said in a statement Tuesday.BNC said the buyer of Asa’s controlling 74.13% stake is “a Zimbabwean...

Zimbabwe registered declines in most minerals in the second quarter of this year on the back of worsening power outages, against the backdrop of persistent fuel challenges, foreign currency shortages, and rising inflation, among other factors.However,...

GWERU-based Chinese chrome smelter, Jinan Corporation, targets to increase its annual export earnings to US$100 million and creating additional jobs through construction of four more furnaces at its Almid plant.The company operates five furnaces and will...

ONE of the country’s largest ferrochrome producers, African Chrome Fields (ACF), has shut down its mining operations in Kwekwe, laying off over 500 workers.The company is owned by South African businessman Zunaid Moti, with the Zimbabwe...

Zimbabwe has recorded an 8,7 percent jump in mineral exports to $910 million in the first half of the year compared to the same period last year, statistics from the Minerals Marketing Corporation of Zimbabwe (MMCZ)...

Zimbabwe has a significant resource in the chromium sector, with the world’s second largest reserve of chrome and as such the reserves are to be utilized to help in reviving the country’s economy.By Mirirai NgoyaZimbabwe is...

THE Minerals Marketing Corporation of Zimbabwe (MMCZ) has assured international stakeholders that demand for chrome ore, ferrochrome and other chrome related products remains very high, thus investing in the sector remains lucrative.Presenting at the just- ended...

GOVERNMENT expects the Chrome Development Policy to be ready by July this year, raising expectations this might steer development and attract additional investment in the key mining sub-sector.Zimbabwe holds the world’s second largest chrome ore deposits...

Zimbabwe is targeting exponential growth in the production of ferrochrome and will leverage this on the International Chrome Development Association (ICDA) conference starting today until Thursday this week in Victoria Falls. President Mnangagwa is scheduled to...

China's Tsingshan Holding Group has expanded its plans for a steel plant in Zimbabwe to include a power plant and a lithium concession, Zimbabwe's Mines Minister Winston Chitando said on Tuesday.President Emmerson Mnangagwa's government is trying...

GOVERNMENT yesterday signed an investment deal worth more than $5 billion with a Chinese steel manufacturing giant, Tsingshan, for the setting up of a new steel plant in Mvuma and to bankroll a number of mining...

ZIMBABWE’S chrome market is dominated by predatory buyers who have formed domestic cartels which purchase chrome at an average price valued at 15% of export sales prices.According to a chrome producers draft policy, there are great...