Mining
From festivals in Florida to touring Dracula’s digs in Romania, we round up the best destinations to visit this October. As summer abandons Europe again this October, eke out the last of the rays and raves in Ibiza, where nightclubs will be going out with a bang for the winter break. When the party finally stops head to the island’s north.
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Fresh headache for ED
….Miners demand 100% forex retention LIVINGSTONE MARUFU Zimbabwe’s billion dollar mining sector wants to wholly retain foreign currency receipts to…
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BNC battles to keep Hunter’s Road claims
NDAMU SANDU Resources group, Bindura Nickel Corporation (BNC), is in frantic talks with third parties to raise US$200m to keep…
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HIV time bomb in mining sector: NAC
ZORORAI NKOMO Zimbabwe’s small scale and artisanal mining sub-sector has recorded the highest HIV and Aids infections in the past…
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Falgold to de-list from ZSE
PHILLIMON MHLANGA Gold producer, Falcon Gold Zimbabwe Limited (Falgold), will this month seek shareholders’ approval to de-list from the Zimbabwe…
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No glitter in Zimbabwe gold
LIVINGSTONE MARUFU Zimbabwe’s gold export receipts retreated 24% to US$85.8m in August 2020 from US$113m earned during the same period…
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Hwange to spend US$17m on recapitalisation
TINASHE MAKICHI Coal mining giant, Hwange Colliery Company Limited (HCCL), will invest close to US$17m towards increasing its coal production…
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Hwange Colliery back in the black
STAFF WRITER Resources concern, Hwange Colliery Company Limited (HCCL), swung to a profit of ZWL$577m in the six months to…
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Mabhudhu new ZCDC chief executive
TINASHE MAKICHI The Zimbabwe Consolidated Diamond Company (ZCDC) has appointed diamond mining expert Mark Mabhudhu as the substantive chief executive…
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RBZ clears arrears to small scale gold miners
TINASHE MAKICHI The Reserve Bank of Zimbabwe (RBZ) has started clearing all outstanding payments due to small scale miners for…
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BNC grapples with falling ore grade
PHILLIMON MHLANGA Listed nickel miner, Bindura Nickel Corporation (BNC), is grappling with deteriorating mineral ore grade owing to an increase…
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