Eureka eyes expansion
Taurai Mangudhla
Eureka Mine shareholders have spent US$4.5m in the past eight monthsmainly on procurement of new equipment and...
Falgold woes deepen
PHILLIMON
MHLANGA
Falcon Gold’s troubles have deepened,
largely due to a significant exposure in foreign exchange risks, resulting in
its net loss...
Indian Balasore loses ZimAlloys deal
TINASHE MAKICHI
The High Court has cancelled the US$100m deal
involving Indian investor, Balasore, and the local mining giant,...
ASX firm engages govt
TAURAI MANGUDHLA
ASX listed Prospect Resources Limited (Prospect) has engaged government in discussions with potential financiers for...
High asset prices frustrate Caledonia expansion plans
TINASHE MAKICHI
New York Stock Exchange listed Caledonia Mining Corporation says its efforts to expand operations through...
Zim’s gold exports slip 13 pc in July
LIVINGSTONE MARUFUGold export earnings dropped 13 percent to US$122.2 million in July from US$142 million last year on the back of a...
Tagwireyi-linked firm in BNC, Freda takeover bid
TINASHE MAKICHI
Sotic International, a Mauritian company linked to business mogul Kudakwashe Tagwireyi, is in negotiations with Asa UK...
Govt mulls gold sector deregulation
TAURAI MANGUDHLA
Government is considering ending the monopoly of Zimbabwe's gold buying agency amid growing concern over depressed prices...
Zim’s mining sector bleeds as YTD revenue falls
TAURAI MANGUDHLA
Zimbabwe’s mining sector is bleeding as revenue in the first seven months fell short of target
Padenga sees glittering prospects in gold
Listed crocodile skins exporter Padenga has expressed optimism its multi-million dollar investment in gold mining group Dallagio and subsequent diversification will...