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Search results: caledonia

Blanket Mine shrugs off power crisis, Q3 gold output 7% up

Caledonia Mining says production at Blanket Mine rose over 7% in its latest quarter, despite power outages and rising costs.In the three months to September, gold output dipped 2.4% year-on-year to 13,646 ounces, held back by...

Power Cuts Costs Zim 20 Percent Of Potential Gold Output

The gold sub-sector lost 20 percent of potential output due to intermittent power supply during the course of the year despite mining companies making an advance payment to the Zimbabwe Electricity Supply Authority (ZESA) in foreign...

Top ten gold producers in Zimbabwe 2019

For the past decade, the country’s mining sector has been facing a myriad of challenges ranging from fluctuating global mineral prices, subdued working capital and above all brain drain due to prevailing economic challenges.However, despite the prevailing...

Gold miners incentive scheme

THE Government has introduced a gold support price aimed at addressing production challenges affecting miners and increasing formal deliveries of the yellow metal. The incentive has been introduced through the Reserve Bank of Zimbabwe’s subsidiary, Fidelity Printers...

Ten most influential individuals in the Zimbabwe Mining Industry 2019

These are the ten most influential individuals in the Zimbabwe Mining Industry in 2019. (1) Ben MagaraZimbabwe-born Lonmin Chief executive officer and director Ben Magara has been named among the top 10 most influential men in 2014...

Blanket fails to meet production target due to unstable electricity supply

Caledonia's Blanket Mine Chief Executive officer Steve Curtis blames unstable electricity supply and grade dilution for the mine's failure to meet its production target for the first quarter of 2019.According to the Mine's statement, approximately 11,948...

Mines in Zimbabwe

These are currently the highest grossing Mines in ZimbabweCaledonia Mining Corporation Zimplats Mimosa Unki Africa Chrome Fields Zimasco Metallon Gold Corporation Asa Resource Plc Makomo Resources Zimbabwe Consolidated Diamond Mining Company

Need for mining players to merge forces

Mining is one of Zimbabwe’s largest foreign currency earners, contributing more than 60% of the forex earnings. It also constitutes about 15% of gross domestic product (GDP), between 8 to 12% of government revenue and more...

Can Zimasset be revived?

Zimbabwe Agenda for Sustainable Socio-economic Transformation (Zimasset) blue print was crafted to create hope in the recovery of Zimbabwe’s economy from the jaws of economic colonisation; it aimed at improving the lives of the common people...

Top Ten operating mines in Zimbabwe 2018

For the past decade, the country’s mining sector has been facing a myriad of challenges ranging from fluctuating global mineral prices, subdued working capital and above all brain drain due to prevailing economic challenges.However, despite the prevailing...

MNANGAGWA TAKE OVER: What has changed in the Mining sector

The ascendance of President Emmerson Mnangagwa following the departure of Robert Mugabe through a military intervention came with it massive changes within the mining landscape, key to it being a change in policies.Keen to revive the mining...

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