Search results: China

Prospect Resources, the Australian-listed company developing the Arcadia lithium mine in Zimbabwe, has opened bids for investors willing to fund the project.Prospect says it has received “multiple enquiries” from “a range of international parties” willing to...

THE investor behind the US$1 billion new steel plant to be located in Mvuma, Midlands province, has applauded the Government for creating a conducive investment climate which has enabled their business to take off.Mr Benson Xu,...

Re|Source, a solution to trace responsibly produced cobalt from mine to electric vehicle (EV), is moving forward with a pilot project in the Democratic Republic of the Congo (DRC) jointly developed with EV giant Tesla. Mining The program is being tested in...

The country’s biggest diamond producer, the Zimbabwe Consolidation of Diamond Companies (ZCDC) vaccination program has been impressive with the company announcing that 99 per cent of its employees have received the first dose of the Covid-19...

Hwange Colliery Company Ltd, Zimbabwe’s oldest coal miner has extended a tender inviting investors to revive or build a new battery of coke ovens after applicants requested for more information on the scope or work.Hwange, which...

While the global focus on environmental, social and governance (ESG) issues looks to phase out coal as an energy resource, the prospects for South African coal production remain strong for coming decades.Following the 3rd Coal Industry...

AT LEAST 36 000 carats of diamonds are alleged to have been shipped to Angola between 4 April and 16 May in 2013 under illicit dealings.An internal document from the CIO Director General’s office, “‘Ref/23/13/1432’ dated...

De Beers’ Botswana unit saw sales of rough diamonds rebound by 41% in the first half of 2021, driven by the reopening of key markets the United States and China, data from the Bank of Botswana...

Zimbabwe has banned the export of raw chrome ore and concentrates to push for local refining. It’s not the first time, and the question is whether this old play will bring new results.Chrome producers are banned...

A NEW town is set to be born between Mvuma-Chivhu and Manhize where Tsingshan Group Holdings, a Fortune 500 listed company is set to build a world class iron and steel plant that will also come...

In a new research note, Goldman Sachs says the copper price is “poised for the next leg higher” as short term headwinds fade and fundamentals point to a significant demand boost further out.Mining Goldman says the copper concentrate...

South African miner Kumba Iron Ore reported a nearly three-fold increase in interim earnings on Tuesday and hiked its dividend payout, as higher iron ore prices and increased production boosted profit. The company, a unit of Anglo...