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Search results: Mine Entra 2024
Premier’s Conditioning Tank to be Commissioned This Week
London Stock Exchange-listed mining and exploration junior, Premier African Minerals, has met its targets and will commission its conditioning tank at its flotation circuit, company CEO George Roach announced.By Rudairo MapurangaA conditioning tank, though adding to...
Lithium Prices Stabilize as Global Supply Expands: Fitch
The lithium market has entered a "new normal" period of stability, with sustained price surges now a thing of the past, according to analysts at Fitch Solutions BMI. Zimbabwe, one of the top lithium producers in...
Caledonia Maintains US$0.14 Quarterly Dividend
Multi-listed, gold-focused miner, Caledonia Mining Corporation Plc, has announced that its board of directors has declared a quarterly dividend of 14 United States cents (US$0.14) on each Company's shares.By Rudairo MapurangaFor a consecutive quarter since October...
Zulu Development Costs Premier US$75 Million
The development of the Zulu lithium project into an operational mine in Fort Rixon, near Bulawayo, has cost Premier African Minerals, a London Stock Exchange-listed junior mining company, nearly US$75 million.By Rudairo MapurangaPremier African Minerals has...
Prospect Discovers High-Grade Copper at Mumbezhi Project
Prospect Resources has identified wide, high-grade copper intercepts at the Nyungu Central deposit in its Mumbezhi Project, Zambia. The company is targeting a maiden JORC resource by Q4 2024 and has commenced drilling activities.By Patricia RwafaAs...
Bravura’s State-of-the-Art Processing Plant for Kamativi Unveiled
Pan-African diversified miner Bravura has showcased its highly advanced, state-of-the-art lithium processing plant, which is being manufactured by Manhattan in South Africa.Rudairo MapurangaMining Zimbabwe was part of a Media tour that was conducted on the 6th...
25% Forex Surrender is here to Stay – RBZ Governor
Reserve Bank of Zimbabwe (RBZ) Governor Dr John Mushayavanhu has said that the 25% forex surrender requirement imposed on revenue generated from all mineral exports will remain in effect, emphasizing its crucial role in maintaining foreign...
75/25 foreign currency retention policy impeding mining sector growth
It is crucial to protect miners from losses stemming from the nation's unstable monetary policies, which expose them to foreign exchange risks.By Rudairo MapurangaThe current 75/25 foreign currency retention policy is impeding the growth of the...
Gold Revenue Rises 10.17% in April
Zimbabwe's gold sector has witnessed a significant upswing in revenue, with earnings from gold sales climbing by 10.17% in the first four months of 2024 compared to the same period last year. By Rudairo Mapuranga This growth, albeit impressive, could...
Chamber: Gold Production to Increase Due to Rising Prices
The Chamber of Mines of Zimbabwe anticipates a significant increase in gold production driven by rising gold prices and the strengthening of the Zimbabwe Gold (ZiG) currency.by Rudairo MapurangaThis positive outlook was shared by the Chamber’s...
Advancements in Premier’s Zulu Lithium Project
Premier African Minerals Limited has reported that their lithium project is up and running, producing saleable concentrate. The company is still making improvements to increase both the quality and quantity of output.Patricia RwafaIn a previous update...
Zimplats delivers a year-on-year growth
Zimplats Limited Holdings maintained stable production levels while achieving significant year-on-year growth. This quarter saw a 9% increase in mining output compared to the same period last year, driven by successful pillar reclamation efforts and continued...
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