Search results: price of gold

CHINESE conglomerate Huayou Cobalt this week downplayed multiple legal actions over Arcadia Lithium Mine in Zimbabwe, as it disclosed it was pressing ahead to deploy US$300 million for developing an ultra-modern operation that will ship out...

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...

As the stampede for the adoption of Li-ion batteries intensifies, Associated African Nickel Resources Ltd (“AANR”) has been growing its mining portfolio in Zimbabwe and Africa at large to satisfy the world’s growing demand for Li-Ion...

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...

Focused gold miner, Dallaglio Investment has created a roadmap which will see the gold miner raising funds for the future cost of rehabilitating its mining sites. Rudairo Mapuranga The Victoria Falls Stock Exchange listed diversified group Padenga Holdings...

AUSTRALIA Stock Exchange listed miner, Prospect Lithium Zimbabwe (PLZ) allegedly attempted to evade taxes in a deal clinched to transfer Arcadia lithium fields into its name about four years ago, multiple court actions and internal correspondence...

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...