Invest Wisely
THE global Covid-19 pandemic has forced most Zimbabwe’s ferrochrome producers to switch off furnaces following a plunge in prices. This was worsened by several other internal factors including high operating … Read More
Extensive exploration works at Eureka Gold Mine in Guruve District, Mashonaland Central Province have confirmed resource worth over US$1 billion. This was revealed by the shareholders of the mine while … Read More
Ferrochrome producer, Niachos Investments, owned by South Africa’s Portnex has received an offer from a Belgian customer willing to pay upfront for the commodity to enable it to restart production, … Read More
GOVERNMENT has unveiled plans to construct a 20MW solar plant in Kamativi, Matabeleland North province, with the defunct tin mine, which closed more than 20 years ago, expected to reopen … Read More
PLATINUM producer, Mimosa Mining Company, recorded a five percent drop in production to 247 800 ounces in the full year ended 30 June 2020 due to capacity constraints compared to … Read More
THE High Court is still to make a ruling over an outstanding US$14 million tax dispute involving Bindura Nickel Corporation (BNC) and the Zimbabwe Revenue Authority. The tax dispute emanates … Read More
Small-scale and artisanal miners need machinery to increase their efficiencies and minimise accidents caused by poor practices. Zimbabwe Miners’ Federation (ZMF) president, Ms Henrietta Rushwaya, said poor mining skills have … Read More
THE Zimbabwe Miners Federation (ZMF) has secured a gold-buying licence and will now buy the yellow metal as an agent of state owned Fidelity Printers and Refiners. ZMF is the … Read More
BINDURA Nickel Corporation (BNC) sunk a total of US$5.1 million into capital expenditure during the full year ended March 30, 2020 as it continues to undertake various capital projects at … Read More
The Zimbabwe Consolidated Diamond Company (ZCDC)’s recent publication of its annual reports is a sign that the diamond sector is well on course towards achieving transparency in line with international … Read More
