Search results: caledonia

RioZim is weighing a listing on Zimbabwe’s Victoria Falls Stock Exchange, where trading is denominated in foreign currency, according to people familiar with the matter. The nickel, gold and diamonds producer is “seriously considering all options available to it under the...

Zimplats, the Zimbabwean unit of Impala Platinum, has been granted licences to generate its own power as the firm seeks ways of cushioning operations from intermittent power supplies.Zimbabwe does not generate enough power to meet local...

Victoria Falls Stock Exchange (VFEX) listed gold-focused miner Caledonia Mining Corporation’s Blanket mine has produced a record 2.1 US tons of gold in 2021 marking a 17 per cent increase from the previous year. Rudairo Mapuranga Blanket mine recorded...

Gwanda community has hailed one of the country’s biggest gold producers Caledonia Mining Corporation owned Blanket Mine in Gwanda for building a Covid-19 isolation centre at Phakama Clinic in Gwanda. Rudairo Mapuranga Blanket, in 2020  completed building two...

Victoria Falls Stock Exchange (VFEX) listed gold-focused miner Caledonia Mining Corporation’s Blanket mine in Gwanda has produced a record 2.1 US tons in 2021 marking a 17 per cent increase from the previous year an indication that...

CALEDONIA Mining Corporation lifted gold output at Zimbabwe-based Blanket Mine by 17% last year, after scaling up throughput at the “game-changing” Central Shaft, an underground operation that blasted off its first bullion in April, according to...

Electric vehicle giant Tesla (NASDAQ: TSLA) has inked a multi-year nickel supply deal with New Caledonia’s Prony Resources, which guarantees the US carmaker about 42,000 tonnes of the metal needed to produce the batteries that power its EVs. Prony, which bought the loss-making nickel and cobalt operations in the...

A Mine is a complex business to run as it requires careful planning and flawless organization to function smoothly. This month Mining Zimbabwe interviewed the President of the Association of Mine Managers in Zimbabwe (AMMZ) Mr...

GOVERNMENT says several mining firms have indicated plans to list on Zimbabwe’s year-old bourse, the Victoria Falls Stock Exchange (VFEX).VFEX, which exclusively trades in foreign currency, has largely disappointed, having secured only two listings since its...

The country has made significant headway in its quest to grow the mining sector to US$12 billion in the next two years from US$2,7 billion realised in 2017 driven by planned, ongoing and completed projects.While critics...

Blanket Mine’s parent company, Caledonia Mining Corporation Plc, has shelved its GlenHume property project due to “disappointing exploration results.”On December 11 and 17, 2020, Caledonia announced it had acquired an option over the Glen Hume property and...

TEN companies will take control of Zimbabwe’s privatised gold refinery, Fidelity Printers and Refiners (FPR), for US$49 million, Finance minister Mthuli Ncube said on Thursday.This will be the first time that the refinery will be in...