Search results: China

Bindura Nickel Corporation (BNC) may have to rethink its smelter restart plans given the poor outlook of global nickel prices.Initially, the smelter project was halted owing to low nickel prices, which made the plan unsustainable.Twelve months...

Zimbabwe’s gold export earnings were US$476.2m during the first half-year of 2020 from US$464m earned during the same period last year after deliveries improved on the back of increased foreign currency retention to 70%.The retention was...

Governments and advocates of cleaner environments are pushing for it and platinum producers are having nightmares about it; “The shift towards New Energy Vehicles (EVs)”.Some governments have also declared their intention to grow the share of...

Prospects of Zimbabwe’s economic recovery in the short to medium appears gloom after local mining firms continued battling rising costs, narrowing margins, and subdued commodity prices on the international market, analysts and experts have said.Mining is...

Mining companies are being forced to adjust their operations so as to remain afloat despite the threat of Covid-19, as well as keeping focused towards attaining the US$12 billion mining economy by 2023.In launching the strategic...

FINANCE Minister Mthuli Ncube has said mining legislation needs to be reviewed in order to ensure transparency and curb leakages in the mining sector, enhance exploration of the country’s minerals, and computerisation of mining which is...

The government last year launched a strategic roadmap to the achievement of a US$12 billion mining industry by 2023 as it ramps up efforts to increase the sector’s contribution to the economy.By Dumisani NyoniUnder the US$12...

THE Western Coal and Energy Company plans to build 2x300MW power plants in Hwange at a cost of US$1.2 billion and increase its existing mining investment in the district to over US$100 million, creating more than...

A group of the world’s top oil companies, including Saudi Aramco, China’s CNPC and Exxon Mobil, have for the first time set goals to cut their greenhouse gas emissions as a proportion of output, as pressure...

MATABELELAND North is poised for major economic transformation with President Mnangagwa expected to visit Hwange where he will officially open South Mining New Coking Project and tour other coal mining companies on Thursday and Friday.The President...

Progress on the development of coking coal projects in Hwange District is being slowed down by the Covid-19 pandemic as equipment and skills needed to implement the projects are locked-down outside the country.Benard RinomhotaSome of the...

The Zimbabwe Mining Development Corporation (ZMDC) has started coal and methane gas exploration in Lupane, Matabeleland North province.Benard RinomhotaA few years ago, the government allocated the parastatal, which recently underwent restructuring two Special Grants to explore...