Search results: price of gold

OUTPUT at RioZim’s gem extraction associate Murowa Diamonds slipped to 579 000 carats during the year ended December 31, 2020 after Zimbabwe’s oldest operating diamond mining asset depleted high-grade gems in 2019, the listed giant said...

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...

Diversified mining group, RioZim has announced a 27 percent decline in gold production as some constraints at its linchpin Cam & Motor Mine affected 2020 output. The group’s gold production declined from 1,66 tonnes achieved in the...

Diversified resource group, RioZim Limited, says it has prioritized the completion of the US$ 17 million Biological Oxidation (BIOX) plant at the rm’s Cam and Motor mine in Kadoma this year following delays to the project...

Fidelity Printers and Refiners (FPR) general manager, Fradreck Kunaka, says he is still in charge at the country’s sole buyer, refiner, and exporter of gold until the board “completes the process of the proposed unbundling of...

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...

Caledonia Mining Corp. has started operations at its US$67 million Central Shaft at Blanket Mine, the company announced on Tuesday.The shaft, which has taken six years to complete, was wholly funded through internally generated cash and...

GWANDA-BASED gold miner, Blanket says it is planning to invest US$35,8 million in plant maintenance and the implementation of its new underground operation called Central Shaft.The massive capital outlay will also be deployed towards setting up...

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...

CALEDONIA Mining Corporation has injected US$67 million using internal cashflow initiatives into Blanket Mine’s five-year Central Shaft sinking project, which is due for commissioning this quarter.The Gwanda-based gold mine, which is owned by Caledonia, completed the...

Fidelity Printers and Refiners (FPR) general manager, Fradreck Kunaka, is leaving Zimbabwe’s sole buyer, refiner, and exporter of gold, at the end of this month after six years at the helm, a local publication revealed.Well-placed sources...

There is likely to be a bloody fight between the Chinese in the mining sector and locals if the government does not address rampant abuse allegations against Chinese employers on their employees in the mining sector,...