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Search results: Pickstone Peerless
Chitando commends Pickstone’s underground mine development
Mines and Mining Development Minister Hon Winston Chitando has commended the development of the underground mine at Dallaglio Investments-owned Pickstone Peerless as the project will be key towards the attainment of a US$4 billion gold industry...
Interview: James Beare Pickstone and Eureka gold MD
On the 21st of October this year, Dallaglio owned Eureka Gold mine was officially commissioned by President Mnangagwa.It was amazing to see a brand new State-of-the-art-plant which was a clear indicator that mine owners meant serious...
Vast Resources Finally Reclaims Historic Diamond Parcel After 15 Years, Eyes Zimbabwe Expansion
London Stock Exchange-listed diamond mining company Vast Resources Plc has officially regained control of its historic diamond parcel in Zimbabwe after a prolonged 15-year dispute. The long-awaited inspection of the sealed security boxes confirmed that the...
Gold as a Strategic Investment: Resilience, Diversification and Long-Term Growth
Gold has long been a cornerstone of well-diversified investment portfolios, offering a combination of stability, growth, and risk mitigation. The World Gold Council emphasizes gold's unique characteristics, making it an essential asset for investors seeking to...
Will Rising Challenges and New Tax Burdens Affect the Projected 140% Investment Surge in 2025?
The Zimbabwe mining sector is set to experience a remarkable 140% surge in capital investments in 2025, with projected spending expected to reach US$495.94 million, up from US$206 million in 2024. This sharp increase is largely...
Who is Zimbabwe’s Biggest Gold Producer? Freda, Blanket, or Eureka?
As Zimbabwe pursues its vision of becoming an upper-middle-income economy by 2030, competition for the title of the country’s top gold producer remains fierce.Key players such as Kuvimba Mining House (KMH), Caledonia Mining Corporation, and Dallaglio...
AMMZ Elections: Engineer Abel Makura Re-elected as President for the 2024-25 Term
Engineer Abel Makura was re-elected as the President of the Association of Mine Managers of Zimbabwe (AMMZ) for the 2024-25 term. The election took place during this year’s AMMZ Annual General Meeting (AGM) held at the...
Dallaglio Reports 22% Surge in Gold Sales for Q3 2024
Dallaglio Investments, the mining division of Padenga Holdings, has reported a remarkable 22% increase in gold sales for the third quarter of 2024. This strong performance is attributed to higher mill feed grades and improved recovery...
Dallaglio Reports 22% Surge in Gold Sales for Q3 2024
Dallaglio, the mining division of Padenga Holdings, has announced a remarkable 22% increase in gold sales for the third quarter of 2024. The company’s strong performance is largely due to higher mill feed grades and improved...
Dallaglio – Gold Production Increases by 39%
Dallaglio's Gold production increased by 39 per cent during the three months ending 31 March 2024, compared to the same period last year, due to an increase in tonnes milled and mill feed grade. The company...
President to Commission Two Major Mining Projects Next Week
President Emmerson Mnangagwa will next week officially commission the Pickstone Peerless Mine's underground operations and Kamativi Mining Company (KMC) phase 1 processing plant.Rudairo MapurangaThe projects are projected to contribute significantly towards achieving the vision for the...
Padenga gold production increases 12 percent
Gold production by diversified Victoria Falls Stock Exchange listed company Padenga Holdings Limited, increased by 12 per cent during the nine months to 30 September 2023 compared to the same period last year due to an...