Search results: ferrochrome

Minister of Mines and Mining Development, Winston Chitando has given a mining progress report to the house of assembly in which the government has aspirations to achieve the $12 billion by 2023  and also the possible...

Zimbabwe President has reserved for war veterans, 20% of mining claims in the chrome, nickel and steel sectors in what analysts see as an act of appeasement.Addressing a post-Cabinet briefing on Tuesday, Zimbabwe Information Minister Mrs....

Despite the continued challenges being faced by the mining sector, some mines have managed to defy odds by consistently churning out positive results both for shareholders and the nation in general.During the course of the year,...

Total output figures of the major contributors to Zimbabwe’s mining sector revenue are definitely going to be lower by year-end (31 December 2019) than they were in 2018. That includes gold, platinum, chrome, diamond, coal, and...

Investment vehicles, reportedly linked to a prominent Harare businessman with interests in mining and oil, Kudakwashe Tagwirei, are angling to buy four gold mines owned by the Government of Zimbabwe.Well-placed sources with knowledge of the ongoing...

Zimbabwe’s target to hit US$12bn a year from mining revenues, starting 2023, appears a mere pipe dream if the sectors’ performance this year is anything to go by. In the absence of a miracle which turns...

Zimbabwe’s mineral exports, excluding gold and silver exports, are projected to climb 6 percent above prior year earnings to over US$1,8 billion after sales topped US$1,6 billion for the 10 months’ period to October this year.But...

Zimbabwe’s mineral exports rose by 12,7 percent to US$1,59 billion in the first 10 months this year compared to the same period in 2018, according to Minerals and Marketing Corporation of Zimbabwe (MMCZ).The MMCZ is the...

MINERAL production in Zimbabwe will decline to around minus 40 % by year end owing to a host of challenges confronting the mining sector, the State of the Mining Industry 2019 survey reports.The report, released recently...

Chinese firm Tsingshan Holdings Group’s plans to build a US$1 billion stainless steel plant in Mvuma remain firmly on course amid indications that Zimbabwe’s strategy to ramp up ferrochrome production is designed to also cater for...

Asa Resources has concluded the sale of its controlling interest in Bindura Nickel Corporation (BNC), the country’s largest nickel producer said in a statement Tuesday.BNC said the buyer of Asa’s controlling 74.13% stake is “a Zimbabwean...

Zimbabwe registered declines in most minerals in the second quarter of this year on the back of worsening power outages, against the backdrop of persistent fuel challenges, foreign currency shortages, and rising inflation, among other factors.However,...