Search results: ferrochrome

Some Zimbabwean mining companies have halted expansion projects due to lack of capital with most financiers now demanding offshore collection accounts as guarantor for funding citing high country risk profile, the Chamber of Mines has said. In...

FINANCE Minister Mthuli Ncube has said mining legislation needs to be reviewed in order to ensure transparency and curb leakages in the mining sector, enhance exploration of the country’s minerals, and computerisation of mining which is...

Zimbabwe’s mineral exports marginally dropped by 3% to US$799,6 million in the first four months of the year, largely weighed down by gold as well as nickel ores and concentrates, data gathered by Mining Zimbabwe Magazine shows.By Dumisani...

The South African Police’s Serious Organised Crime Unit in Rustenburg arrested a man in possession of chrome with an estimated street value of (R1.2million) US$70751.He is due to appear in the Mogwase Magistrates’ Court in the...

Zimbabwean chrome miners will resume exports to China following revelations that China has started opening up its chrome market which was halted due to the Covid-19 pandemic and depressed prices.Zimbabwe Miners Federation secretary for external affairs...

Zimbabwe’s small-scale chrome miners have been hard hit by the unpropitious effects of Covid-19 pandemic with a few that are still operating reportedly being paid between US$30 and US$35 per tonne.The small-scale chrome miners were before...

Zimbabwe’s mining sector is expected to be one of the key drivers for economic growth this year on the back of its export generation capacity.The industry accounts for between 12 and 15% of annual Gross Domestic...

ZIMBABWE is a host of 60 different types of minerals, 40 of which have been historically exploited to various extents.By Dumisani NyoniHowever, production since 2000 has been dominated by about ten minerals which are gold, platinum,...

THE mining industry has so far lost more than US$200 million in revenue due to COVID-19 and production for the second quarter is expected to decline further by about 60%, Chamber of Mines of Zimbabwe (CoMZ)...

THE Zimbabwe Diamond and Allied Minerals Workers Union (Zdamwu) has called upon the Chamber of Mines of Zimbabwe (CoMZ) and all mine workers to immediately stop going to work for the next 30 days in order...

Portnex has shut down its Zimasco Ferrochrome plant in Kwekwe after prices of the alloy fell to four-year lows on weak demand caused by the coronavirus outbreak.The closure places at risk hundreds of jobs at one...

Globally, Zimbabwe is the second richest country after South Africa in untapped chromium reserves yet locals (small-scale chrome miners and contractors/tributors) along the Great Dyke live in abject poverty with vast areas custodian to the resource...