Lower grades weigh on Unki PGMs production
ZIMBABWE’S third-largest platinum group metals (PGM) producer, Unki Platinum Mine, recorded a 15 percent decline in PGM production to 53 600 ounces in the first quarter (Q1) ending March 31, … Read More
Category: Mining
Caledonia to restate some financials owing to tax calculations
JERSEY miner, Caledonia Mining Corporation plc (Caledonia) has delayed publishing its 2024 annual report to restate its financial results with respect to tax obligations concerning its Blanket Mine (1983) (Private) … Read More
Formalise, professionalise small-scale mining: YMF
THE Young Miners Foundation (YMF) wants the formalisation and professionalisation of small-scale mining to make a more meaningful contribution to the sector. Currently, small-scale miners contribute an estimated 60% of … Read More
Zimbabwe’s mining industry sees significant progress
THE Mineral Development Policy is nearing finalisation with 96 percent of the drafting process completed, while the Online Permit System has seen 90 percent ground covered, Cabinet announced on Tuesday. … Read More
Rising expenses, slower output challenge Zimplats’ quarterly performance
HARARE – Zimplats’ financial and production performance in the first quarter of 2025 highlighted increased costs alongside reduced output. Total operating cash costs rose by 3% year-on-year to US$136.75 million, … Read More
Trade union makes application to place RioZim under corporate rescue
HARARE – The Zimbabwe Diamond & Allied Minerals Workers Union (ZIDAMWU) and other applicants have formally petitioned the High Court to place ZSE-listed company, RioZim Limited, under supervision and launch … Read More
Mozambique’s coal mines shed hundreds of workers
Mozambique’s coal mines, including the country’s largest operation, are laying off hundreds of workers following post-electoral violence and a slump in the price of the nation’s biggest export. A unit … Read More
Blanket Mine’s gold production rises
GOLD production at Blanket Mine reached 18 671 ounces in the first quarter of 2025 (Q1 2025), exceeding the 17 050 ounces produced in the first quarter of 2024. In … Read More
Padenga aligns capex to bullish gold price outlook
As gold prices rally toward unprecedented levels, Padenga Holdings Limited is leveraging targeted capital expenditure (capex) initiatives to fortify its mining operations, aiming to capitalise on bullish gold price projections. … Read More
Huayou Cobalt bets on Arcadia Lithium Mine
Huayou bought Arcadia Lithium Mine from Australian miner, Prospect Resources Ltd back in 2022 for US$378 million.CHINESE battery manufacturer, Huayou Cobalt (Huayou) is placing significant emphasis on its Arcadia Lithium … Read More
