Tag: international mining news
Kuvimba Mining House (KMH)-owned Zimbabwe Alloys Limited (ZAL) has issued a public notice alerting the public to fraudulent activities being conducted by individuals posing as ZAL agents.By Rudairo MapurangaAccording to ZAL, these imposters have been soliciting...
The country’s biggest Platinum Group Metal (PGM) producer, Zimplats, has reported a staggering 96% decline in profits for the fiscal year ending September 30, 2024, Mining Zimbabwe can confirm.By Rudairo MapurangaThe company's profit after tax plummeted...
India thermal coal imports rises
India's 2018 thermal coal imports rose at the fastest pace in four years, according to two industry sources, despite moves by Prime Minister Narendra...
Global aluminium production at weakest performance since 2009
Global aluminium production grew at its slowest pace in a decade in 2018, and most of that was in the first half of the...
Freeport profits less as copper prices drop
Freeport McMoRan Inc shares slid 9 percent on Thursday after the world's second-largest copper miner posted lower-than-expected quarterly profit and forecast a drop in...
Mining industry focuses on automated systems
It is not a secret that the mining industry has historically been extremely conservative, and it has always been difficult to bring miners to...
Gold gains momentum
Gold prices in India regained some momentum today, tracking higher global rates and fresh buying by jewellers. In global markets, gold prices rose close...
Oil prices decline
Oil prices fell yesterday after reports of swelling inventories and forecasts of record US and Russian output combined with a sharp sell-off in stock...
Gold rises
Gold rose to a one-week high yesterday, helped by a weaker US dollar and a fall in global stock markets, but moves were limited...
Gold prices decline
Gold prices inched lower yesterday as the dollar held firm below a 19-month peak on safe-haven demand amid concerns of a global economic slowdown,...
Can Zimasset be revived?
Zimbabwe Agenda for Sustainable Socio-economic Transformation (Zimasset) blue print was crafted to create hope in the recovery of Zimbabwe’s economy from the jaws of...
Rio Tinto found the biggest diamond ever
The biggest diamond ever found in North America has been unearthed by Dominion Diamond Mines and Rio Tinto Group at a mine in Canada’s...
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