Search results: price of gold

African lithium developer, Prospect Resources Limited has announced the award of incentives options to its Managing Director Mr Sam Hosack.By Shantel T ChisangoThe options issued to Mr Hosack are linked to achieving progress in the Arcadia...

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...

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...

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...

Following its recent appointment of New York-based EAS Advisors LLC (EAS) as its United States corporate adviser, diversified mining firm Premier African Mineral, says it is looking to raise new capital for its Zulu Lithium Project...

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...

Mining remains a vital part of a low-carbon future, a fact that was confirmed by the topics prioritised at the recent Investing in African Mining Indaba’s virtual conference this week.“The message was clear: mining is part...

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...