Search results: caledonia

Healthy demand from stainless steel mills and electric vehicle battery makers is expected to underpin nickel prices over the coming months, but rising supplies from top producer Indonesia are likely to weigh next year. Benchmark nickel prices on...

Zimplats has applied for a licence to install close to 200MW of solar power to feed operations at Ngezi and Selous, where it is spending US$290 million in additional investment to grow platinum output.The country’s biggest...

Zimbabwe’s central bank has tabled a shareholding agreement for its subsidiary, Fidelity Printers and Refiners (FPR), almost eight months after a proposal to unbundle the company into two entities was announced.The Reserve Bank of Zimbabwe (RBZ)...

The issuance of Exclusive Prospecting Order (EPOs) for the country to discover world-class deposits is of paramount importance for the mining industry to achieve the President’s projected US$12 billion mining annual revenue by 2023.Rudairo MapurangaThe mining...

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,...

PADENGA Holdings’ mining operation, Dallaglio will be the most immediate beneficiary of a planned listing on the underachieving Victoria Falls Stock Exchange (VFEX), Inter Horizon Securities (IHS) said at the weekend, giving the deal the thumps...

Gold mining companies have asked Government to facilitate access to loans needed to increase production and ensure the country achieves its targeted 100-tonne output by 2030.The metal is Zimbabwe’s second-biggest export earner after platinum.Both gold and...

MINES and Mining Development Minister, Winston Chitando, says the target of producing 100 tonnes of gold is achievable but producers need improved access to alternative sources of financing such as loans.As the Government drives towards the...

THE mining industry is on the right path and has made significant progress towards attaining a US$12 billion industry by 2023, with key contributors making huge strides in the production matrix.Government envisages a US$12 billion mining...

Delays in the proposed unbundling of Fidelity Printers and Refiners (FPR) has rattled investors who are now reluctant to fund gold projects without proper knowledge of the timelines of the privatisation processes, an executive with the...

Government has set an ambitious target in which the mining sector will generate US$12bn annually by 2023.Business Times reporter Mona-Lisa Dube (MD) caught up with the Mines and Mining Development minister Winston Chitando (WC) and discussed the...

CALEDONIA Mining Corporation remains optimistic that its gold-producing concern, Blanket Mine in Matabeleland South will surpass its annual 60 000 ounces target for the year, setting a record high production rate in years.Buoyed by its new...