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Search results: Prospect Resources
BNC Revenue Down US$3.3 Million Amid Sales Volume Decline
BINDURA Nickel Corporation (BNC) revenue has gone down by US$3.3 million on the backdrop of reduced sales volumes owing to internal strategic arrangements.In a recent update for the half year period ended September 30 2020, BNC...
China rare earths outlook for 2021, prices expected to rise
Last year a ‘control’ index was drawn up for rare earth mines as China became more aware of the strategic value of this sector; This was a counter lever to US sanctions in the trade war,...
Zimbabwe the alternative rare earth global supplier?
Zimbabwe could emerge as one of the world’s top suppliers of rare earth elements as tensions escalate in the ongoing US-China trade war, Mining Zimbabwe reports.
Rudairo Mapuranga
Zimbabwe sits on vast and lucrative deposits of rare earth...
Small-scale mining – the baby that needs serious attention
Artisanal and small-scale mining (ASM) has become an important sector in Zimbabwe, creating jobs for the rural communities, contributing to the country’s economic development, sustaining livelihoods among other important things.But despite all this, the sector is...
Aussie firm completes mapping for oil well site
Invictus Energy, the Australia-listed firm exploring for oil and gas in Muzarabani, has completed field-work to map out suitable sites to obtain earth crust vibrations that can pinpoint exact locations of oil or gas deposits.According to...
Letting Zimbabwe be economically dominated and controlled by other states makes independence a mere illusion
Christopher Columbus once said, “those who had something of gold were in possession of something of great value on earth and a substance to even help souls to paradise.”By Sharon TsuroGold is a non-reactive transition metal...
Mozambique: Government to set up warehouses, mobile brigades to certify diamonds, precious metals and gems
Mozambique’s government is next year to set up three warehouses for the certification of diamonds, precious metals and gems produced in the country, with the aim of ensuring that they can circulate legally in the international...
Barrick CEO calls for consolidation and warns of reserve crisis
Barrick Gold CEO Mark Bristow on Wednesday said the gold industry in Africa should consolidate further, as he warned of a “serious reserve crisis” looming for the sector.A dearth of exploration has seen average mine life...
Invictus AGM date set, new director to be elected
LEADING mining and exploration company, Invictus Energy Limited has announced that its Annual General Meeting (AGM) will be held on the 28th of November this year.
The company has advised the people wishing to contest for election as...
Teranga increases Golden Hill resource estimate
Teranga Gold (TSX: TGZ) has increased the mineral resource estimate for its Golden Hill project in southwest Burkina Faso after incorporating results from its latest drill program on the property.Golden Hill is an advanced-stage exploration project located within...
Premier African Minerals cuts liabilities by US$1,4m
ZIMBABWE-focused mining group, Premier African Minerals, has reduced its liabilities by US$1,4 million in the period after June 2020 as it seeks to boost mining operations including its tungsten and tantalum projects in Matabeleland.In April this...
National Parks mining ban shows regulation is broken
It shouldn’t have taken pressure from conservationists for the Zimbabwe government to ban mineral prospecting in the country’s largest game reserve. It should just be the law.Last week, the Bhejane Trust, which works with Zimbabwe’s National...



