Search results: gold prices

Aluminum rallied to a record in London and nickel surged to the highest in more than a decade, pacing gains in industrial-metals markets as the deepening Ukraine crisis added to supply risks in an industry already...

One of the major outcomes from the climate summit (COP26) in Glasgow, Scotland last year was the bold call by world leaders to phase out coal as a source of energy – a more radical stance...

Zimbabwe’s mining companies need over US$5bn to recapitalise their operation in 2022 to ramp up production and reach optimum levels, the Chamber of Mines of Zimbabwe has said.It is expected that when fully capitalised,  Zimbabwe will reach...

The country’s sole buyer and exporter of gold, Fidelity Printers and Refiners (FPR) says it will “soon” engage the Zimbabwe Revenue Authority (Zimra)  over taxes charged on miners in a bid to attract small scale miners...

The Mines and Mining Development Ministry budget allocation of $3 billion, approximately  US$3 million at last auction rate, points to the Government’s desire for a private sector-led mining sector growth.The sector is estimated to grow 3,4...

A COUPLE of weeks back, Zimbabwe Chamber of Mines published its state of the mining industry survey report looking at issues faced by the industry and prospects for 2022.To ensure objectivity, the Chamber states that its...

The Reserve Bank of Zimbabwe (RBZ) has hailed the mining sector for contributing 78% out of the total foreign currency injections amid calls for the public to exercise discipline in avoiding exchange rate volatility. Vongai Mbara Addressing delegates...

In an effort to fight against poverty induced by the lockdown pandemic and economic woes the country is experiencing women in the villages of Kadoma have rushed into artisanal mining to fund their farming businesses.Anerudo MapurangaMining...

Chaos has erupted in a fierce fight over the choice of a partner in the proposed diamond value addition project between State-owned diamond miner, the Zimbabwe Consolidated Diamond Company (ZCDC), and Minerals Marketing Corporation of Zimbabwe (MMCZ).  Vongai...

The very irregular geometry of most mineral deposits complicates mine design and operation. The higher the degree of irregularity, the more difficult it is to extract the entire resource cleanly with no dilution. Mining Recovery is the...

By Lyman Mlambo, Chairman of the Institute of Mining Research What are Semi-Precious stones? To understand semi-precious stones, we need to view them within the context of two closely related terms, precious stones and gemstones. Precious stones are...

When Hakainde Hichilema first ran for President in Zambia, his background as a wealthy businessman was used against him.“Rich people don’t understand the struggles of ordinary people,” an opponent said in the 2011 election, in which...