Search results: price of gold

Total output figures of the major contributors to Zimbabwe’s mining sector revenue are definitely going to be lower by year-end (31 December 2019) than they were in 2018. That includes gold, platinum, chrome, diamond, coal, and...

Zimbabweans love generalising and stereotyping.  I guess, in a way, this makes things easy to understand.In any case, who needs to grapple with deeper and nuanced analysis when they have to contend with a myriad of...

Caledonia Mining Corporation Plc ("Caledonia" or the "Company") is pleased to announce the completion of the purchase of an additional 15 percent shareholding in Blanket Mine (1983) (Private) Limited ("Blanket").   Summary ·    Today's announcement marks the completion of the transaction...

Amid socio-economic malaise facing Zimbabwe, mining is the only remaining silver lining.The sector underpins the country’s socio-economic growth prospects. Gold which is expected to contribute US$4 billion, a third of the anticipated US$12 billion earnings from mining...

Caledonia Mining Corporation's Matebeleland based miner Blanket Mine has exceeded its yearly production target after breaking quarterly gold production for the year ended December 31, 2019, due to an improvement in the electricity supply the company's...

Listed mining concern, Bindura Nickel Corporation (BNC), is banking on new shareholders to complete all current projects and turn around the company’s fortunes.The development comes after Asa Resources concluded the sale of its controlling interest in...

Harare (New Ziana) – Caledonia Mining Corporation continues to rise above the current economic challenges affecting Zimbabwe, declaring a 9.1 percent dividend increase in the 4th quarter of 2019 and remaining on course to commission a...

ACHIEVING THE 50-TON PLATINUM TARGET BY 2030: CHALLENGES AND GROWTH IMPERATIVESby Lyman MlamboIntroductionZimbabwe has the world’s second-largest reserve of PGMs in the Great Dyke after South Africa’s Bushveld Complex. There is also potential elsewhere outside the...

Tax incentives, which the government extended to the mining sector are meant to attract new  investment while ensuring maximum utilisation of the country’s mineral  resources to achieve a US$12 billion mining industry by 2023, a Cabinet ...

Zimbabwe’s target to hit US$12bn a year from mining revenues, starting 2023, appears a mere pipe dream if the sectors’ performance this year is anything to go by. In the absence of a miracle which turns...

Palladium prices are within a whisker of breaking above $2 000 an ounce for the first time, with a gaping supply deficit fuelling a remarkable run that has seen the autocatalyst metal more than quadruple in...

Zimbabwe’s mineral exports, excluding gold and silver exports, are projected to climb 6 percent above prior year earnings to over US$1,8 billion after sales topped US$1,6 billion for the 10 months’ period to October this year.But...