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Search results: ferrochrome

RBZ, Fidelity move to settle RioZim debt

RioZim Limited has removed the cautionary statements it released in June and July stating the consequences of overdue gold payments, arguing that the commitment of the central bank was fruitful. By Shantel Chisango In a statement, RioZim informed...

The limited supply of Zimbabwe chrome leads to price hike

According to a statement released by FerroAlloyNet Market Analysis chrome ore concentrate prices were hiked by 0.5-1 yuan/dmtu in China spot market last month due to the limited supply of Zimbabwe chrome ore at Chinese ports...

Positive Covid-19 tests won’t stop our reopening: Zimasco

KWEKWE-based ferrochrome producer, Zimasco, says it will not be deterred from resuming operations despite having three workers testing positive for Covid-19.The company is finalising preparations to restart production after it temporarily suspended operations at the height...

Zimasco set to resume operations

THE country’s biggest ferrochrome producer, Zimasco is set to resume production after the company had temporarily halted production in April this year.Zimasco General Manager (Marketing and Administration) Clara Sadomba confirmed the development in an interview.“We are...

US$30 million Matabeleland North coking plant takes shape

PROGRESS on the first phase of construction of a coking plant by a Chinese company in Hwange is now on course with 70 percent completion after Government facilitated the expatriation of skilled labour.Work on most capital...

Outrage as power-hungry Zimbabwe allows coal exploration in biggest game reserve

In its rush to develop new coal mines to end its power crisis, the Zimbabwe government is handing out concessions to miners in conservation areas, outraged environmentalists say.Conservationists in Hwange say that the Zimbabwe government may...

Tenants baffled by five-fold increase in Zimasco rentals

Ferrochrome producer Zimasco has hiked rentals for its properties in Shurugwi more than five-fold and is threatening to evict those who do not pay.Zimasco closed its Shurugwi plant about six years ago and is renting out...

Zimasco throws lifeline to Kwekwe General Hospital

Zimbabwe's biggest ferrochrome producer,  Zimasco has thrown a lifeline to struggling Kwekwe General Hospital after it donated an assortment of medical equipment today.The US$110 000 donation is going towards overhauling a maternity ward adopted by the...

Gold and platinum sectors resilient

Zimbabwe's gold and platinum sectors have shown resilience to the Covid-19 pandemic operating at full capacity in the first six months of the year, an official has said.Benard RinomhotaSpeaking during the 2020 MineEntra virtual meeting , the...

Chrome miners stuck with tonnes of ore

In its latest mining sector and communities situational report, the Zimbabwe Environmental Law Association (Zela) said small-scale chrome producers were facing challenges to access markets for their chrome.ZIMBABWE’S small-scale chrome miners are stuck with tonnes...

Gruelling time for Zim miners

Prospects of Zimbabwe’s economic recovery in the short to medium appears gloom after local mining firms continued battling rising costs, narrowing margins, and subdued commodity prices on the international market, analysts and experts have said.Mining is...

Mining sector adjusts operations amid Covid-19

Mining companies are being forced to adjust their operations so as to remain afloat despite the threat of Covid-19, as well as keeping focused towards attaining the US$12 billion mining economy by 2023.In launching the strategic...

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