Search results: price of gold

CALEDONIA Mining Corporation says it has completed a US$60 million project to equip its Central Shaft at its flagship Blanket Mine in Gwanda, Matabeleland South.The development extends Blanket Mine’s life to 2034 with the Central Shaft...

Zimbabwe will in February adopt the free-on-board (FOB) and cost, insurance and freight (CIF) arrangements in selling minerals and metals, dumping the ex-works system as it moves to make miners realise more from minerals and metals.Under...

The government of Zimbabwe should curb Chinese's interest in controlling the Artisanal and Small Scale Mining (ASM) sector by enacting laws that strip foreign-owned companies from having an upper hand in the sector, Norton Miners Chairperson,...

Christopher Columbus once said, “those who had something of gold were in possession of something of great value on earth and a substance to even help souls to paradise.”By Sharon TsuroGold is a non-reactive transition metal...

ZIMBABWE is pushing to transform its mining industry into a US$12 billion sector by 2023. There is an interesting mix of minerals on which this target is being projected, including chrome. But, for Norton Miners' Association chairperson and...

The mining industry has been hit by an acute shortage of capped fuses. The industry is screaming. The few suppliers who still have the product have doubled their pricing from an average of $1.80 to a...

In an effort to plug under-declarations of mineral exports, customs and excise officers will soon undergo training on how to evaluate minerals a government official has said.Mines and Mining Development Minister said his ministry and that...

Mining industry experts have warned that the sector will remain in the doldrums even after its executives gave it a clean bill of health in a Chamber of Mines of Zimbabwe (CoMZ) report released last week.The...

Zimbabwe’s hopes for a quick economic recovery and sustainable foreign exchange stability rest on the shoulders of its multibillion-dollar mining industry.By Francis Shingi Nhunzvi and Victor BhoromaBeyond the productivity bottlenecks of the past 2 years, mining...

Caledonia Mining (LSE: CMCL) has increased its guidance for the full-year to between 55 000 oz and 58 000 oz after a record production at its Blanket mine in Zimbabwe in Q3 2020.According to the company,...

Zimbabwe has the potential to revival the million-dollar mica mining sub-sector which was prematurely abandoned in the early 1970s.By Rudairo Dickson MapurangaThe country’s Mica during the late 1920s was on-demand on the international market, the mineral...

LISTED mining group, RioZim, says it is keeping focus on major capital projects despite the dampening impact caused by the Covid-19 pandemic, which crippled smooth operations as countries embraced lockdown measures.The mining group has operations in...