Search results: price of gold

Caledonia Mining Corporation PLC has decided to raise more funds than originally anticipated in respect of its Victoria Falls Stock Exchange (VFEX) listing.Vongai MbaraVFEX is a subsidiary of the Zimbabwe Stock Exchange (ZSE), launched late last...

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...

New York Stock Exchange-listed gold mining company, Caledonia Mining Corporation has announced that its non-executive director Mr John McGloin has exercised options in respect of, and the Company has issued and allotted, 18,000 common shares of...

London Stock Exchange-listed mining and exploration company Premier African Minerals Chief Executive Officer Mr George Roach said following observations from preliminary drilling at its Zulu lithium project it expects to substantially add to the existing resource...

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...

Impala Platinum Holdings Ltd.’s decade-long quest to buy a smaller rival that owns assets key to prolonging the life of its own mines in South Africa came to a shuddering halt on Tuesday. Chief Executive Officer Nico Muller thought...

Local platinum miners are seeking tax holidays on beneficiation projects to stimulate investments into the sector, a recent report says, citing views from a survey of industry executives.  Vongai MbaraThe same concerns have been raised by Lithium...

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...

The Chamber of Mines yesterday released the State of the Mining Industry Report, Prospects for 2022 which shows increased confidence in the sector’s outlook by mining executives. The report, which comes out annually, gives an insight into...

Eliakem Hove, Freda Rebecca and Shamva mine boss - Interview In August 2021 the Mining Zimbabwe team had a tour of Freda Rebecca gold mine the country’s biggest gold producer run by its Managing Director Mr Eliakem...

The large-scale mining sector has been hard hit stubbornly by the cost of production, labour and materials due to the current foreign currency retention offered by the government which is not viable, Mining Zimbabwe can report.Anerudo...

RZM Murowa, a subsidiary of RioZim has recorded a 4% drop in output in the half-year ended June 30, 2021, due to technicalities associated with the migration of mining activities.Vongai MbaraThe mining group produced 564 kg of gold...