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Search results: platinum
South Africa’s Sibanye seeks to expand gold territory
South Africa’s biggest gold producer would consider buying more assets in the country after paying off debt from previous acquisitions.Sibanye Gold Ltd. hasn’t discussed deals, but AngloGold Ashanti Ltd.’s Mponeng mine and Gold Fields Ltd.’s troubled...
Diamond should champion fight against inequality
With roughly $15 billion allegedly lost from Marange diamonds, the opportunity to fight inequality through domestic resource mobilisation was possibly squandered. All is not lost though. This undesirable situation can be reversed in the quest to...
Zimplats reports 10% increase in revenue
Zimbabwe’s largest platinum producer, Zimplats, reported a 10% increase in revenue to $152,9 million in the quarter ended December 30 buoyed by firm metal prices on the international market. During the quarter under review, gross revenue per...
South Africa miners supports restructuring of struggling Eskom
South African miners support a restructuring of struggling state power firm Eskom to boost competition in the electricity supply industry, an industry body said on Wednesday, warning that tariff hikes alone would not solve Eskom's problems.Top...
Mining investment on the rise
The Mining Affairs Board, a statutory body under the Ministry of Mines and Mining Development, is currently processing applications for Exclusive Prospecting Orders (EPOs) from 11 local and international mining companies, as authorities step up efforts...
Mining earned more than 3,4 billion
The mining sector earned more than US$3,4 billion last year, driven by high international metal prices and record breaking output particularly for gold, diamonds, chrome and nickel.This saw the Zimbabwe Revenue Authority (Zimra) getting over US$95...
Economic development rests in the mining industry
The economy of Zimbabwe which was previously believed to be dominated and sustained by the Agriculture sector is slowly becoming ignited by the mining sector despite the sector’s short fall in tax paying and value addition...
Implats Mines unaffected by protests
MINES in Zimbabwe were unaffected by the #Shutdown protest action that rocked Zimbabwe and disrupted economic activity last week, said Business Report which cited the Amplats’ spokesman, Johan Theron.“Demonstrations were mostly centred around the urban areas, which impacted some...
ZIMBABWE MINING PERFOMANCE IN 2018 AND OUTLOOK
ZIMBABWE’S mining industry has remained vibrant despite the county’s economic challenges, earning the country US$2.2 billion in the first 10 months of the year.
Staff Reporter
The top six minerals that contributed the bulk of export earnings were...
Gold prices decline
Gold prices inched lower yesterday as the dollar held firm below a 19-month peak on safe-haven demand amid concerns of a global economic slowdown, and as investors awaited cues on US interest rate hikes from a...
Zim to get more from diamonds
TIRED of pocketing crumbs from the sale of raw diamonds that naturally fetch less on the global market, Government has launched an audacious bid to join the big league by wading into the value addition and...
Young Zimbabwean Engineer Shines at an International Explosives Conference
A Zimbabwean explosives engineer made history in San Antonio by becoming the only African and the first Zimbabwean engineer to present at this year’s prestigious International Society of Explosives Engineers (ISEE) Conference. Moshen Jena was one...
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