Search results: China

Zimbabwe has edged closer to getting its first major independent power station following revelations that diversified miner, RioZim, has posted significant milestones towards completing preparatory works for its longstanding US$2,2 billion Sengwa power plant to be...

Oil prices fell on Thursday, pressured as U.S. crude stockpiles surged to their highest levels in almost 17 months amid record production and as economic concerns cast doubt over growth in demand for fuel.International benchmark Brent...

Gold prices rose on Tuesday, trading close to a more than one-week high touched in the previous session, as the dollar eased after weak U.S. economic data, platinum hovers below 10-month peak hit on Monday.Spot gold...

In a move that shows President Emmerson Mnangagwa has thrown one of his lieutenants, Vongai Mupereri, under the bus, the Chief Justice, Luke Malaba has ordered the imminent arrest of the former Mbizo legislator for contempt...

Yet another foreign miner in the Democratic Republic of Congo is reviewing its future production plans after the government increased taxes and removed investor safeguards despite industry protests.MMG Ltd., the Chinese-owned copper producer, is considering whether...

Gold prices  steady on Wednesday as a weaker dollar offset pressure on the metal, which recovered from a four-week low in the previous session, while a rally in equities to multi-month highs capped bullion’s safe-haven demand.Spot...

Iron ore prices in China reached a record high on Tuesday as market participants wrestled two dilemmas, namely the likely temporary weather-related disruptions from Australia and the rather more serious safety outages in Brazil.A major tropical...

Gold prices slipped to a more than three-week low on Tuesday as waning global economic slowdown concerns dented the precious metal’s safe-haven appeal and lifted equities to multi-month highs.Spot gold was down 0.1 percent at $1,286.82...

Local chrome miners have castigated the dominance by predatory buyers who have formed domestic cartels which purchase chrome at an average price valued at 15% of export sales prices, thus they proposed measures necessary to prevent...

Gold prices inched up on Monday as the dollar backed off three-week highs, but gains in the metal were limited as equities rose on signs of progress in the Sino-U.S. trade talks and upbeat Chinese economic...

Gold steadied on Friday, but was headed for its worst month since August 2018 predominantly on stronger dollar and equities, while palladium bounced back after three straight sessions of sharp selloffs.Spot gold was flat at $1,290.34...

GOVERNMENT is moving to explore and expand the exploitation of the country’s previously untapped high value minerals including lithium and manganese that are driving the current world technology revolution.This comes as 60 percent of the country...