22.8 C
Harare
Monday, August 19, 2019
- Advertisement -
Home Mining Page 2

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.

CTC approves Delta Gold Zimbabwe takeover

Tinashe Makichi The Competition and Tariff Commission (CTC) has approved the take-over of Delta Gold Zimbabwe (Private) Limited by Dallagio Investments (Private) Limited. The transaction involved the acquisition...

Cartels hurt chrome producers

TAURAI MANGUDHLA ZIMBABWE’S chrome miners could be losing up to US$70 per tonne in potential chrome due to huge disparities between domestic and export pricing...

Diamond blacklist could hurt Zim growth plans

Bernard Mpofu/Taurai Mangudhla Zimbabwe’s economic growth prospects could suffer a major setback amid indications that a coalition of civic organisations is lobbying for the blacklisting...

Wrangle scuttles ZimAlloys turnaround

Tinashe Makichi Plans to resuscitate ferrochrome producer ZimAlloys have been scuttled as the ongoing legal wrangle between the company’s judicial manager and Indian investor Balasore...

MMCZ, Chandiwana Mining in partnership over Kwekwe refractory plant

Tinashe Makichi The Minerals and Marketing Corporation of Zimbabwe and a local mining investment consortium have entered into an agreement to revive the Kwekwe based-Roasting...

Moti’s ACF restructures, suspends operations

TAURAI MANGUDHLA  One of Zimbabwe’s major chrome producers, African Chrome Fields (ACF), has temporarily suspended operations as the company embarks on a restructuring exercise. Information at hand shows...

Gold export earnings down 9pc

LIVINGSTONE MARUFU/GAMUCHIRAI TSOKOTA ZIMBABWE’s gold export earnings are down nine percent to in the first four months of 2019 to US$383,9m owing to power and foreign...

Small scale miners lament Chinese invasion

STAFF WRITER  Small scale miners have bemoaned the presence of Chinese nationals in the mining sector as a hindrance to their growth at the  Zimbabwe...

Treasury prejudiced of millions in smuggling ring 

Tinashe Makichi A complex syndicate involving some Chinese nationals and senior government officials is at the centre of  chrome smuggling in Zimbabwe through under declaration...

Prospect seeks to double Arcadia mine lifespan

Taurai Mangudhla Australian Stock Exchange (ASX) listed Zimbabwean miner Prospect Lithium Zimbabwe plans to double the mine lifespan at its Arcadia mine located just outside...