Search results: China

Last week the Minister of Mines and Mining Development unveiled a strategic roadmap for the mining sector, hinged on creating US$12 billion revenues by 2023.Of course, thinking long-term is a welcome departure from the short-term focus...

The gold bulls are back, predicting a price of $1 700 an ounce and higher in early 2020.This month gold rallied to its highest level in six years, ranging between $1 480/oz and $1 510/oz. Standard...

Gold prices dipped on Friday as investors booked profit after the European Union forged a new Brexit deal with Britain, though a floor was kept under prices by uncertainties over trade negotiations and the global economy. Spot...

On Monday, Zimbabwe unveiled a strategic roadmap to propel the country’s mining sector to US$12 billion industry by 2023. Already, the mining sector is the largest foreign currency earner, accounting for 70 percent of export receipts.The...

Zimbabwe is widely regarded as the richest nation on earth in terms of untapped mineral resources per capita.The country is blessed with the world’s largest diamond reserves, second largest platinum reserves after South Africa and over...

A complex syndicate involving some Chinese nationals and senior government officials is at the centre of  chrome smuggling in Zimbabwe through under declaration of volumes, which have prejudiced the state of millions of dollars in taxes...

LONDON. — Oil rose yesterday following media reports that China was open to agreeing a partial trade deal with the United States, while unrest in OPEC members Iraq and Ecuador also supported prices.Brent crude LCOc1 was up...

Gold prices yesterday held on to the previous session’s gains, as fading hopes for progress in US — China trade talks hit risk appetite, while markets also awaited clues on monetary easing by the US Federal...

RIOZIM will sign an engineering procurement and construction contract (EPC) with Power China for the first phase of its 2 400 Megawatts (MW) Sengwa Thermal Power Plant next month, a highly placed company director has revealed. The...

THE United States Customs and Border Protection (CBP) issued five Withhold Release Orders (WROs) one of which are our own Zimbabwe Diamonds.The CBP press release reads as follows:U.S. Customs and Border Protection (CBP) issued five Withhold...

GWERU-based Chinese chrome smelter, Jinan Corporation, targets to increase its annual export earnings to US$100 million and creating additional jobs through construction of four more furnaces at its Almid plant.The company operates five furnaces and will...

ONE of the country’s largest ferrochrome producers, African Chrome Fields (ACF), has shut down its mining operations in Kwekwe, laying off over 500 workers.The company is owned by South African businessman Zunaid Moti, with the Zimbabwe...