Search results: gold prices

GOVERNMENT has set up an inter-ministerial team to oversee the improvement of security systems at ports of entry to curb mineral smuggling, Mines and Mining Development deputy minister Polite Kambamura has said.A 2019 report by the...

Duration Gold's Vubachikwe mine has appointed Mr None Kananji as its Mine Manager to steer its development and sustainability agenda.Prince SunduzaniThe company said it appointed Mr Kananji for his honesty and technical competency, which it said...

GROSS revenues at the Victoria Falls Stock Exchange (VFEX)-listed Caledonia Mining Corporation increased by 37% to US$35,1 million in the first quarter of this year, reflecting a major increase in gold production and prices, the firm...

Tharisa Capital says the development of the tier 1 Karo Platinum Group Metals (PGMs) project will see the group’s PGM production doubling within the next 24 months.The London – listed platinum miner which recently acquired a...

ZIMBABWEAN tax experts this week reactivated the push for government to establish a public exploration firm, as they cast doubts over the credibility of mining data from private multinationals.Giving insights during a workshop, which ran under...

ZIMBABWE has missed its mineral production targets for the first two months of the year by about 25%, but authorities remain optimistic that it will meet a sectorial US$12 billion revenue contribution by 2023.However, developments indicate...

Zimbabwe’s mining industry sees a funding shortfall of US$10 billion over the next five years, a challenge compounded by erratic power supplies and exchange-rate volatility.While Zimbabwe has the world’s third-biggest reserves of platinum-group metals, plus gold,...

Last month, 13 copper-industry representatives at the London Metal Exchange were asked whether Russian metal should be blocked from its warehouses. Ten of them said “yes.” But when advisory groups for nickel and aluminum discussed the...

Platinum producer Tharisa Plc has acquired a controlling stake in a platinum group metals (PGMs) project in Zimbabwe which will eventually double its output, it said on Thursday. Tharisa exercised an option to increase its stake in...

IMPALA Platinum Group company Zimplats has posted a 32% year-on-year decrease in net profit to $170.68-million for the six months ended December 31, 2021, compared with a net profit of $250.61-million for the six months ended...

Zimbabwe’s mining industry is engaged in discussions with the government over the punitive tax burden and retention levels, the Mines and Mining Development minister Winston Chitando has said.Miners have been pushing for an option to pay...

The palladium price jumped on Thursday as Russian forces invaded Ukraine after President Vladimir Putin authorized what he called a special military operation. Spot palladium added 2.7% to $2,549.01 an ounce, having earlier reached its highest since...