Search results: China

 Zimbabwe’s largest diamond miner, the Zimbabwe Consolidated Diamond Company (ZCDC), aims to increase its annual production to over 5 million carats from 4.1 million carats last year. Other diamond mining companies, including Anjin, a Zimbabwe-China joint venture...

Zimbabwe’s lithium mines are being sold for a song by foreign investors to Chinese multinationals, who have recently swooped on domestic assets, analysts said on Friday.They said with international lithium prices rocketing and the mineral being...

Lithium prices have jumped across the board over the past year on the back of heavy demand from the automotive sector, but inside China there is a mad scramble, particularly for carbonate. Carbonate continues to soar in...

Government has said it is satisfied with progress made by mining sector players towards mineral beneficiation in line with the Government’s quest for a US$12 billion mining industry by 2023.This comes as the government has, over...

LITHIUM mining and exploration junior Prospect Resources says the company does not plan to undertake further exploration activities at its Chishanya Carbonatite Project. Anerudo Mapuranga Last year the company announced that preliminary results undertaken from a soil sampling...

UK resources investor Galileo Resources is to start exploring for lithium and gold in Zimbabwe after being granted the option to acquire 51% of a local prospecting firm.Galileo, listed in London, will spend US$1.5 million to...

A 22-YEAR-OLD Domboshava man was hospitalised after he suffocated trying to rescue a colleague trapped in a gold mine shaft.Ngoni Sika (53) died in the mineshaft while Peter Mudyiwa (22), who tried to rescue him, had...

Prospect Resources has begun planning for its next project after shareholders on Friday approved the sale of the company’s 87% stake in Arcadia lithium mine to China’s Huayou International.Huayou, one of the world’s biggest companies in...

The palladium price jumped on Thursday as Russian forces invaded Ukraine after President Vladimir Putin authorized what he called a special military operation. Spot palladium added 2.7% to $2,549.01 an ounce, having earlier reached its highest since...

Aluminum rallied to a record in London and nickel surged to the highest in more than a decade, pacing gains in industrial-metals markets as the deepening Ukraine crisis added to supply risks in an industry already...

One of the major outcomes from the climate summit (COP26) in Glasgow, Scotland last year was the bold call by world leaders to phase out coal as a source of energy – a more radical stance...

Chinese giant Sinomine’s Hong Kong unit inked an agreement to buy a 100 per cent stake in Mauritius’ African Metals Management Services and Southern African Metals and Minerals on Jan. 29, the Beijing-based parent company said...