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Tag: zimbabwe mining news
Glencore in final talks over Mopani sale
Glencore said on Friday it was in final-stage negotiations over a potential sale of its majority stake in Mopani Copper Mines to Zambia’s mining investment arm ZCCM-IH.
Zambian state...
Kuvimba seeks $1 billion for 2021 acquisitions, capex
A mining company majority owned by the Zimbabwe government and whose profits will partly be used to compensate former white commercial farmers for land...
Global cobalt production capacity expected to be cash positive in 2021 – report
Market analyst Roskill forecasts that cobalt’s all-in sustaining cost of production will fall by around 2% y-o-y in 2021, from $23,085/t to $22,600t.In a...
Zambezi gas to double coal production next month
THE country’s second largest coal producer, Zambezi Gas is targeting to increase output to 200 000 tonnes next month on the back of a...
From RioTinto to RioZim: The power of self-sufficiency
RioZim’s story reflects the power behind self-sufficiency. The Zimbabwe Stock Exchange listing arose in August of 1956 as Rio Tinto Southern Rhodesia Limited.It was...
‘New land policy should harmonise farming/mining interests’
THE proposed new National Land Policy should help resolve conflicts between miners and farming communities as well as address issues of land inheritance, stakeholders...
Lead hits 1-year high on mine disruption but oversupply looms
Mine disruptions have helped lead prices rally to one-year highs but plunging imports of the metal in top consumer China will mean an oversupplied...
Corporate tax reduced, a relief for Zim miners
The Zimbabwe government has reduced corporate tax for miners by one percentage point to 24% to enable resources companies achieve acceptable returns from their...
Budget2021: Govt set to revive Ziscosteel
Finance minister Mthuli Ncube said government is set to revive the defunct and debt-stricken Ziscosteel in 2021.While presenting the 2021 national budget statement Ncube...
Mining giant completes US$60m Blanket expansion project
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...
Hwange Colliery to host Wellness Day 2020
ALL is set for Hwange Colliery Company Limited (HCCL)’s Wellness Day scheduled for Friday at the Colliery Stadium.HCCL’s wellness programme launched in 2019 with...
Zim dumps minerals marketing system
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...
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