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Search results: Mine Entra 2024
Demand Outstrips Supply: Platinum Market Faces Second Year of Deficit Amid Strong Demand and Supply Challenges
In 2024, the platinum market is experiencing a significant deficit for the second consecutive year, according to the World Platinum Investment Council. This situation is primarily driven by robust demand and ongoing supply challenges. Despite these...
Kuvimba – The Only Hope for BNC’s Revival
The future of Bindura Nickel Corporation (BNC) now rests almost entirely on its parent company, Kuvimba Mining House (KMH), as access to capital from other sources appears increasingly difficult.By Ryan ChigocheAn analyst has said that local...
Kuvimba to Host Jumbo Golf Tournament in Mutare
Mutapa Investment Fund-owned Kuvimba Mining House (KMH) will host the Chamber of Mines Inter Mines Golf Tournament, popularly known as the Jumbo Golf, at Hillside Golf Course in Mutare on Saturday, Mining Zimbabwe reports.By Rudairo MapurangaBriefing...
Drop 75/25 export surrender – National Competitive Commission tells RBZ
Miners have been given a glimpse of hope as the government-owned National Competitive Commission (NCC) has urged the government to abolish the export surrender requirement and implement policies that support exporters, who continue to suffer from...
Prospect Resources Uncovers High-Grade Copper Intercepts at Mumbezhi Project
Australia Stock Exchange-listed mining and exploration junior, Prospect Resources, has announced significant copper discoveries at its Mumbezhi Copper Project in Zambia.By Patricia RwafaThe company’s recent drilling program has unearthed high-grade copper mineralization, confirming the project’s potential...
861 hectares in Mt Darwin reserved against prospecting and pegging
The Ministry of Mines and Mining Development has officially reserved a significant area in Mt Darwin, Mashonaland Central, from any prospecting and pegging activities, according to General Notice 1342 of 2024, published under the authority of...
Export Receipts Surge Over 9%, Driven by Gold
The country's total foreign currency earnings increased by approximately 9.5% during the first half of 2024 compared to the same period last year, largely driven by growth in export receipts from gold, said the Minister of...
Simbi Alloys Urges for Beneficiation Amid Concerns Over Unprocessed Copper Exports
Simbi Alloys, a leading copper processor in Zimbabwe, has expressed strong concerns about the ongoing export of unprocessed copper ores, calling for a renewed focus on beneficiation to support local industries and reduce the substantial import...
Zimplats Spent Over US$800 Million on Major Projects
The country’s biggest platinum group metal (PGM) producer, Zimplats, has spent US$858 million on its major projects as of June 30, 2024, according to the company’s quarterly report for the period ending June 30, 2024.By Rudairo...
Prospect Shifts Focus to Copper with Mumbezhi Project Acquisition
Australia Stock Exchange-listed mining and exploration company Prospect Resources has announced a strategic shift towards copper exploration and development, highlighted by the acquisition of the Mumbezhi Copper Project in Zambia. The company also reported promising results...
MMCZ generates USD 1.5 Billion in Q1 amid softening commodity prices
The Minerals Marketing Corporation of Zimbabwe (MMCZ), the nation's sole minerals marketing agent excluding gold and silver, sold a total of 1.9 million metric tonnes (mt) of minerals valued at USD 1.5 billion in the first...
KMC’s Phase 2 Processing Plant Commissioning Moved to September
The commissioning of the Kamativi Mining Company (KMC)’s Phase Two processing plant has been rescheduled to September from the initial schedule of July 2024, according to a press release seen by Mining Zimbabwe.By Rudairo MapurangaThe 300,000-tonne...
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