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Chinese invade Hwange National Park for coal mining
TWO Chinese companies are reportedly exploring for coal in the protected Hwange National Park, raising concerns from wildlife activists.Zimbabwe Parks and Wildlife Management Authority (Zimparks) rangers reportedly arrested some Chinese nationals inside the game park after...
Striving for green recovery, EU adds lithium to critical materials list
The European Union needs to diversify its sources of materials, ranging from silicon to rare earths, the Commission said, an issue highlighted after global supply chains were disrupted when the COVID-19 pandemic struck.The EU executive, which...
Ivanhoe expects first copper at Kakula in less than a year
Canada’s Ivanhoe Mines (TSX:IVN) expects to begin producing copper at its Kakula project in the Democratic Republic of Congo in less than a year, as total underground development to date has surpassed the 20 km mark –...
“Need to urgently address depressed power generation”
THE Zimbabwe National Chamber of Commerce (ZNCC) says there is a need to urgently address depressed power generation in the country to ensure adequate supply when full-scale industrial production resumes post Covid-19.Due to persistent technical faults,...
Treasury channels $1.0 billion cushion to mining
TREASURY channeled $2.5 billion in direct support to Government ministries and departments as part of interventions to mitigate against the impact of the deadly Covid-19 on the delivery of public service.Finance and Economic Development Minister, Professor...
Tensions Flare Between Local Miners, Chinese Investors
Mounds of black chrome shimmer along the highway that runs through this area, as mine workers labour near heavy machinery marked with Chinese writing.The workers toil about 5 kilometers (3 miles) from the road, at a...
De Beers cuts diamond prices after covid-19 curbs demand
De Beers has finally decided to cut the price of its diamonds in a bid to spark sales after the coronavirus pandemic paralyzed the industry.De Beers, the world’s no. 1 producer, told customers that it is...
Glencore makes U-turn to back artisanal mining of cobalt
Glencore Plc, the top cobalt producer, backed a new initiative to support informal miners in the Democratic Republic of Congo as the industry tries to reassure carmakers about ethically mined supplies of the battery metal.The company,...
Congo grants new export ban waivers for copper, cobalt, tin
Democratic Republic of Congo on Saturday gave mining companies an indefinite waiver to an export ban on cobalt hydroxide and carbonate, as well as tin, tungsten, and tantalum concentrates after meeting the country’s biggest miners in...
Gold and platinum sectors resilient
Zimbabwe's gold and platinum sectors have shown resilience to the Covid-19 pandemic operating at full capacity in the first six months of the year, an official has said.Benard RinomhotaSpeaking during the 2020 MineEntra virtual meeting , the...
Financing the mining industry after Covid-19
Fidelity Printers and Refiners (FPR) predicts that in the post-COVID-19 period the mining industry will have a strong appetite for short to long-term financing to capacitate operations.Benard RinomhotaBefore the outbreak of the Covid-19 pandemic which was...
Glencore strategy to underpin cobalt prices post covid-19
A year ago Glencore announced it was halting operations at its Mutanda copper-cobalt mine in the Congo, breathing life into a market that was trading at levels 70% below its peak, hit 18 months before.Given that...
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