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Zimbabwe needs full-fledged oil and gas industry

HYDROCARBONS and platinum were among the top discussion points at the Chamber of Mines’ three-day annual indaba that ends in Victoria Falls today.Officially opened by President Mnangagwa yesterday, the conference is being held under the theme:...

120 year chart shows copper price supercycle only starting

While hedge funds have gone soft on copper, the metal continues to trade within striking distance of all-time highs, but whether this is as good as it gets or just the beginning of a supercycle for the...

World’s industrial comeback drives metals to multi-year high

Industrial metals from copper to aluminium to iron ore have rallied to the highest level in years.  The reasons for their gains are plentiful: Copper — critical for everything from electrical wiring to motors and thus a bellwether for...

Zimplats held back by Zim tag

OUR recent meeting with Finance minister Mthuli Ncube highlighted that the country had become much more investor-friendly.It was also clear that the positive developments we are seeing today are the result of a plan that was...

Copper price flies high, but further out forecasts are grim

Copper was once again approaching the pivotal $10,000 a tonne level on Tuesday, jumping to over $4.50 a pound or $9,940 a tonne in New York amid über bullish sentiment and renewed supply worries in the world’s top...

Iron ore price hits 10-year high on rising steel demand

Iron ore prices continued to climb on Friday despite concerns over environmental restrictions in China.Tangshan, China’s top steelmaking city, said last month it will punish firms that either have not taken the steps spelled out under its...

Robert Friedland: Copper is a national security issue

Copper is so crucial in electrifying the global economy that finding enough of it has become a national security issue, according to mining magnate Robert Friedland. Mining companies will have to be “real heroes” and governments will...

Large scale mining operations in Zimbabwe

Large scale mining operations in Zimbabwe... Zimbabwe’s mining industry has become the leading horse towards the resuscitation of the economy.Rudairo MapurangaThe mining industry has of late become the country’s largest foreign currency earner with nickel, gold and...

Ban on use of mercury: Artisanal miners oblivious of new law, others remain defiant

A DOZEN men brave the scorching heat from a hot summer afternoon as they carry sacks of ore on their backs from a disused mine in Esigodini to an open area where a heap of bags...

Exploration boom in West Africa challenged by lack of services

The West African mining industry has seen significant fundraising activity since October last year, driven by higher metal prices and the need to meet a growing global demand for metals needed for electric vehicles and renewable...

Is Zim vulnerable as mining tips exports? registered 2,7 percent growth

WHILE the Zimbabwe economy showed great resilience to pull through a Covid-19 ravaged year, after its exports recorded modest growth, the numbers indicate a worrying dependency on minerals and vulnerability to external price volatility. Despite the Covid-19...

Co-operation between artisanal miners and companies gains momentum

Artisanal and small-scale mining (ASM) has long been portrayed as a source of environmental and social problems in developing countries. But ASM has been being found to have both positive and negative impacts, and is estimated by World Bank...

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