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Tag: zimbabwe mining news
Gold dealer loses US$70 000 to fraudsters
TWO brothers allegedly connived and defrauded a gold dealer of US$70 000 after selling him a bag full of sand under the guise that...
Rhodium price roars above $20,000 in precious metals’ biggest rally
Rhodium’s rally to record highs shows no sign of stopping, with prices up 19% this month as auto makers that need the metal to...
Gold investors target ‘excessive’ executive payouts amid deals
Gold investors critical of lavish executive payouts plan to vote down compensation at upcoming annual shareholder meetings, as soaring prices for the precious metal spur dealmaking.It...
Teranga exceeds guidance, achieves record production
Teranga Gold (TSX: TGZ) reported on Tuesday that it has exceeded its full year production guidance and achieved record annual production during 2020, marking the fifth consecutive...
First Cobalt signs supply deal with Glencore, eyes China Moly contract
First Cobalt Corp said on Tuesday it signed a deal with Glencore and has agreed a tentative pact with a unit of China Molybdenum...
Zambezi gas to up coal exports
ONE of the Matabeleland North-based coal miners, Zambezi Gas is set to increase its exports to 20 percent of its production which is expected...
BNC Revenue Down US$3.3 Million Amid Sales Volume Decline
BINDURA Nickel Corporation (BNC) revenue has gone down by US$3.3 million on the backdrop of reduced sales volumes owing to internal strategic arrangements.In a...
Highlanders FC needs $10 million to start exploratory work at Inyathi gold mine
Highlanders need at least $10 million to start exploratory work at their recently acquired gold mine in Inyathi, Bubi district, the Zimbabwe Miners Federation...
Funds still in the driving seat as copper hits fresh highs
London Metal Exchange (LME) copper last week punched up through the $8,000-per tonne level for the first time since February 2013.LME three-month metal touched a...
Gold price rally of 2020 crushes analyst forecasts
Gold had a monumental 2020 as bullion soared to multiple record highs throughout the year amid the economic uncertainties brought by the covid-19 pandemic,...
15 rescued at Peace Mine in Silobela
The Ministry's efforts to rescue 15 miners that were trapped at Peace Mine in Silobela were successful, Ministry of Mines and Mining Development Engineer,...
Global natural graphite output to grow 7.6% in 2021 – report
After increasing in 2018 and 2019, global natural graphite production has been adversely affected by covid-19 in 2020, with mines being placed either under...
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