Tag: mining in zimbabwe
Global economy to influence oil prices
Oil prices this year will be influenced primarily by the health of the global economy, which is why prices have closely tracked equity and...
Significant progress in Muzarabani oil project
Independent oil and gas exploration company, Invictus Energy Limited, says it has made significant progress in its Cabora Bassa Project work programme for the...
Gold miners target 50 tonnes production
SMALL-SCALE miners have set a target of producing 50 tonnes of gold this year after successfully surpassing their mark last year.Zimbabwe Miners’ Federation (ZMF)...
Mining investment on the rise
The Mining Affairs Board, a statutory body under the Ministry of Mines and Mining Development, is currently processing applications for Exclusive Prospecting Orders (EPOs)...
Mining earned more than 3,4 billion
The mining sector earned more than US$3,4 billion last year, driven by high international metal prices and record breaking output particularly for gold, diamonds,...
ZSE engages suspended Hwange Colliery
THE Zimbabwe Stock Exchange (ZSE) says it will engage suspended Hwange Colliery Company Limited (HCCL) in an effort to set a new course for...
ZCDC to carry exploration in Marondera
STATE-RUN diamond firm, Zimbabwe Consolidated Diamond Company (ZCDC), says it will carry out exploration work for gems in Marondera district as part of its...
Unki Platinum reported a 15% production increase
ANGLO American Platinum’s local unit, Unki Platinum, reported a 15% production increase to 85 900 ounces in the full year to December 2018 up...
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...
Gold slipped
Gold slipped to a more than two-week low yesterday as a firm dollar and more risk appetite outweighed support coming from expectations of a...
Gold production under threat from forex shortages
THE country’s gold sector is in a precarious situation after it emerged that the Reserve Bank of Zimbabwe (RBZ) has not been paying primary...
Gold miners optimistic for 2019 production
GOLD miners have said they are optimistic that they will surpass the 2019 gold production target of 34 tonnes and called on Government to...