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Search results: China
Chinese man in possession of 21g gold arrested at RGM Airport
A Chinese national in possession of 21 grams of gold was arrested at the Robert Mugabe International airport on the 26th of May 2021 as he was exiting Zimbabwe on his way to Mali.Court heard that...
Chinese accused of illegal rare earth mining in northern Myanmar
Environmental groups in the north of Myanmar say a surge of illegal mining for rare earths has occurred in Kachin State close to the Chinese border since the coup on February 1.
Activists have complained about a...
17 Years On: SMM Holdings, Ex-Employees Yet To Find Common Ground
Evictions, court cases and demonstrations have been the major highlights of a raging and one of the longest civil matters in the country which has spanned for almost 17 years now.
Shabanie-Mashava Mines (SMM) Holdings has been...
Record metals prices catapult mining profits beyond big oil
Major oil producers, for decades the natural resource industry’s top earners, are being eclipsed by once-smaller mining peers who are churning out record profits thanks to red-hot metals markets.The mining windfall is the latest sign of...
World’s industrial comeback drives metals to multi-year high
Industrial metals from copper to aluminium to iron ore have rallied to the highest level in years.
The reasons for their gains are plentiful: Copper — critical for everything from electrical wiring to motors and thus a bellwether for...
SMM investment capital looted
As much as US$16 million was allegedly looted from SMM Holdings after administrator Afaras Gwarazimba lost control of the company to the State-owned mining entity, Zimbabwe Mining Development Corporation about 10 years ago.
SMM, formerly owned by...
Iron ore price hits 10-year high on rising steel demand
Iron ore prices continued to climb on Friday despite concerns over environmental restrictions in China.Tangshan, China’s top steelmaking city, said last month it will punish firms that either have not taken the steps spelled out under its...
Goldman doubles down: Record-high copper price within a year
Copper is trading more than $800 per tonne below the near-decade high hit in February, and some of the ardour of copper price bulls has cooled decidedly since then.
Goldman Sachs metals strategist Nicholas Snowdon, speaking at the virtual...
Robert Friedland: Copper is a national security issue
Copper is so crucial in electrifying the global economy that finding enough of it has become a national security issue, according to mining magnate Robert Friedland.
Mining companies will have to be “real heroes” and governments will...
Artisanal miners could help Congo’s state-owned company become world’s fourth-largest cobalt producer
Congo’s Entreprise Générale du Cobalt (EGC) could become the world’s fourth-largest cobalt producer in 2021, a new Roskill report states.
According to the market analyst, if the state-owned company is able to capture all of the 8,000 tonnes of cobalt expected...
Prospect Resources happy with Zim government
Prospect Resources Managing Director, Sam Hosack has expressed his delight in the account of policies and the attitude of the government pertaining to the permitting process of the Arcadia Lithium Project.By Shantel ChisangoIn an interview with...
EVs to compete with petrol cars by 2030, says battery maker
China's push towards peak emissions in less than 10 years would allow electric vehicles (EV) to compete equally with standard petrol-powered cars by then, according to the head of a leading Chinese EV battery manufacturer.
"Economies of...



