Invest Wisely
THE Environmental Management Agency (EMA) has reportedly slapped a new miner that is exploring for coal in Binga with a US$5 000 ticket for mining without an environmental impact assessment … Read More
DIVERSIFIED mining group RioZim experienced minimal growth in gold production due to ongoing plant equipment breakdowns. The company only realised 940kgs in the year ended December 2023 compared to 924kgs … Read More
The strategy comes as the group saw an 870% increase in cost of sales to ZWL$190,68 billion in the year ended December 31, 2023, from a 2022 comparative of ZWL$19,66 … Read More
The expected increase in gold production and fulfilling its crocodile skin contract volumes is set to leave the firm with increased foreign currency earnings, the company said. In its trading … Read More
GOVERNMENT has moved in to capacitate people with disabilities in the mining sector by facilitating provision of loans through Fidelity Refiners to promote their participation in the mainstream economy. The … Read More
GROSS profit at the Victoria Falls Stock Exchange-listed Caledonia Mining Corporation more than doubled to US$13,8 million in the first quarter of this year due to higher gold revenue and … Read More
KAMATIVI Mining Company (KMC) plans to finish construction on its lithium processing plant in June this year as it seeks to increase production capacity to about 2,3 million tonnes of … Read More
ZIMPLATS Holdings’ board of directors have nominated Axcentium as the company’s external auditor, effective October 31, 2024, subject to shareholder approval. The nomination follows Deloitte Africa (Deloitte)’s announcement of a … Read More
SOME Vumbachikwe Mine creditors are advocating that the company be placed under corporate rescue, claiming the firm was heading towards insolvency, NewsDay Business can reveal. Vumbachikwe Mine, situated in Gwanda … Read More
Platinum group metals (PGM) producer Zimplats has so far spent US$27 million on its 35 megawatt (MW) solar power plant project against a budget of US$37 million. The project, aimed … Read More
