Search results: Pickstone Peerless Mine

Padenga expects to double gold output in 2022, backed by a US$29 million investment to start underground mining at Pickstone Mine and production from the newly reopened Eureka Mine.Eureka, which returned to production last year after...

Eureka Gold Mine, located near Guruve, is now operational after decades of inactivity and management expect to ramp-up to full production in the coming months.The gold mine was forced to shut operations after running into viability...

The $12 billion mining sector by 2023 target might have sounded to some like a mirage or mere wishful thinking by an exuberant Government, but as days and months unfold, this is slowly becoming a reality,...

Large scale mining operations in Zimbabwe... Zimbabwe’s mining industry has become the leading horse towards the resuscitation of the economy.Rudairo MapurangaThe mining industry has of late become the country’s largest foreign currency earner with nickel, gold and...

The first open pit blast has been successfully detonated at Eureka Gold Mine ahead of production resumption, Dallaglio Investments have said.Reconstruction works at the mine were commissioned by President Mnangagwa in 2018 as part of a...

The Competition and Tariff Commission (CTC) has approved Padenga Holdings’ acquisition of a 50,1 percent stake in gold mining company Dallaglio Investments, in a move expected to boost the group’s earnings. The group made the announcement at...

Aim listed Vast Resources plc and Katanga Mining (pvt) Ltd formed a new agreement for the development of Vast's Heritage concessions in the Marange Diamond Fields of Zimbabwe.To manage and hold the interests of Vast Resources...

Brown Engineering Group, a proudly Zimbabwean company, is wanting to make it known that they have diversified from their roots in the agricultural industry and applied this knowledge base into the mining sector. The Group sees...

Mimosa and Shamva have won the 2025 Chamber of Mines of Zimbabwe (CoMZ) National First Aid Competition held earlier today at Shamva Mine.Shamva won the surface competition, scoring 931 points, followed by Chiyadzwa Processing, who scored...

Zimbabwean mining and agribusiness group Padenga says it is banking on the strong rally in gold prices to eliminate its debt before the year closes, while also being on the lookout for new opportunities to expand...

Dallaglio Investments delivered a stellar financial performance in 2024, reporting a 350% increase in pre-tax profit to US$42.18 million, sharply up from US$9.38 million in 2023, as revenue also surged 53% to US$192.53 million in the...

One of Zimbabwe’s largest financial institutions, CBZ Holdings, says it has invested a substantial US$254 million into the country’s mining sector — a bold commitment made in the face of perceived high sectoral risks and persistent...