Search results: gold prices

Value addition is key to make sure that lithium miners in Zimbabwe benefit from the effects of the Covid-19 pandemic that has affected global prices.Rudairo Dickson MapurangaAccording to energy experts, global supplies of lithium used to...

The Zimbabwe Miners Federation (ZMF) is still engaging the Ministry of Mines and Mining Development (MMMD) over the recently gazetted Statutory instruments (SI) 44 and 46 of 2021 which saw mining fees hike averaging 2000% suspended...

Zimbabwe Miners Federation (ZMF) President Ms. Henrietta Rushwaya yesterday announced that the ZMF has appealed for temporary reprieve from the Mines and Mining Development Minister Hon Winston Chitando in a bid to address the recently gazetted...

Reuters: Some resource-rich developing countries are seeking to rewrite mining contracts and accelerate dividend payouts, which can take years to materialize under deals that experts said are tilted in companies’ favor. Any move to renegotiate agreements will...

Zambia isn’t looking to take over more mining companies, nor is the government planning to nationalize the industry, according to Finance Minister Bwalya Ng’andu.The government has acquired Glencore Plc’s and Vedanta Ltd.’s local operations in the...

(ATF) Silver buying driven by Reddit investors is picking up pace, while SPACs that haven’t identified target acquisitions are also being bid up by online retail traders. Robinhood has raised another $2.4 billion to meet the...

The mineral-rich Great Dyke belt is fast turning into an environmental disaster as mining companies have failed to rehabilitate abandoned operations.The Great Dyke is a linear geological feature that trends nearly north-south through the centre of...

South Africa’s mining companies will support the government in the rollout of covid-19 vaccines as the nation battles a surge in infections, the industry body said on Friday.Mining companies say they are well placed to support the covid-19...

Prospect Resources says it will forge ahead with its Arcadia Lithium project in Zimbabwe despite the country’s risk profile and has put in place measures to minimise potential impact of the sovereign risk.Assays carried out last...

Zambia paid 8.5 billion kwacha ($400 million) in value-added tax refunds to mining companies last year, the head of the tax authority said on Wednesday, equal to about 3.5% of the external debt that the southern African country...

The year 2020 was a difficult year for both large producers and small scale miners due to falling commodity prices as well as the impact of the COVID-19 pandemic which ravaged the entire globe.Mostly affected in...

CALEDONIA Mining Corporation Plc has secured exclusive rights to explore and acquire the mining claims in the gold-rich Connemara North area in Gweru as part of efforts to expand its operations.This comes after the company announced...