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Search results: ferrochrome

Mining growth to outpace economy

Zimbabwe is primed to draw significant benefits from its diverse mineral resources amid projections that, at 7 percent growth per annum, the sector will outpace growth for the rest of the economy over the next five...

MMCZ marketing weak – Miners, mining professionals

Miners and Mining professionals on a highly interactive gemstone platform have blasted the MMCZ for poor marketing.Members of the platform are of the notion that weak marketing from the Mineral Marketing Corporation of Zimbabwe is stifling...

Mining refining needs to be planned

Once again we have had meetings involving the mining industry, and one again we have discussion on the need to add value and to process our minerals before we export them, shipping out bars of metal...

Q1 gold output down 30% — report

ZIMBABWE’S total gold production in the first quarter of the year declined by 30 percent to 4,3 tonnes compared to 6,1 tonnes in the same period last year.The yellow metal is one of Zimbabwe’s major foreign...

Major mining projects coming on stream

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...

Mining loans needed to realise 100t gold target

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...

Mining industry on right path — Govt

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...

ZIMASCO, Portnex dispute set for arbitration

A dispute between Zimbabwe’s biggest integrated ferrochrome producer, ZIMASCO and South African firm Portnex International is set to be resolved through an arbitration process, Business Times can report.The dispute emanated from lease agreement debts running into millions of...

Low prices worry chrome miners

ZIMBABWE’S mining industry says chrome sector growth continues to be undermined by poor prices offered by buyers.Ferrochrome exports form a significant part of minerals that Zimbabwe trades on the international markets every year.Although the country is...

Large scale mining operations in Zimbabwe

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...

Zimasco to switch on Western Plant, seeks higher output

MIDLANDS-based ferrochrome producer, Zimasco, is carrying out rehabilitation works at its West Plant, as it prepares to restart operations at the furnaces.The development comes after the expiry of a five-year lease agreement between the company and...

Chinese company to build iron ore mine, steel plant from May

China's Tsingshan Holding Group is set to start developing an iron ore mine and a carbon steel plant in Zimbabwe from May,  Information and Publicity Minister Mrs. Monica Mutsvangwa said late on Tuesday, three years after...

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