Wednesday, December 19, 2018
Tawanda Musarurwa HARARE - Zimbabwe-focused diversified mining group Premier African Minerals says a study from consultant Bara has confirmed that its 49 percent-owned RHA tungsten mine in Zimbabwe has shown that it would be technically viable to restart underground mining. The RHA Tungsten project is located in an area of historic...
BH24 Reporter HARARE - Yantai JinAo Mining Group Co Ltd is looking to $300 million in mining projects focusing on the processing of refractory ores. In this regard, the company says it wants to revive the mothballed Kwekwe roasting plant. Said Yantai JinAo Zimbabwe manager Musorowegomo Mukosi: “JinAo has an interest in processing...
Walter Mswazie MASVINGO - Government has announced plans to set up an ammonium sulphate plant in Bikita in development that will see the country saving in excess of $50 million in hard currency per annum for water purification chemicals. Mines and Mining Development Minister Winston Chitando said the plant will be...
BH24 Reporter The Australia Zimbabwe Business Council (AZBC) is today hosting the Zimbabwe Investment Forum in Perth, Australia. AZBC is a non-governmental and non-political national business chamber established to facilitate the business linkages between Zimbabwe and the Australia by engaging with governments, businesses, investors, civil societies and expatriate communities in both...
Tawanda Musarurwa HARARE – Zimbabwe-focused diversified mining group Premier African Minerals is looking to raise £750 000 for its RHA Tungsten operation in Zimbabwe. The placement was made last week on the Alternative Investment Market (AIM). Through the placement, Premier is targeting to raise £750 000 (around $963 000) before expenses at an issue price...
HARARE - Australia-listed lithium company,  Prospect Resources says the laboratory at its Arcadia project is now  fully operational and achieving consistent high  Quality Assurance (QA) and Quality Control (QC) in all assays including  trace analysis in lithium carbonate being produced from the pilot plant. The Arcadia project is located approximately...
Kudzanai Sharara HARARE - Caledonia’s Blanket Mine plans to increase production from 56,136 ounces of gold in 2017 to approximately 80,000 ounces by 2021. This is according to the Group’s second quarter trading update released on Thursday this week. Blanket Mine’s target production for 2018 is between 55,000 to 59,000 ounces. Approximately 12,657...
Enacy Mapakame LISTED mining group, Falcon Gold (Falgold) Zimbabwe says its operations in the half year ended March 31, 2018 were affected by a strike which lasted for three months at its Golden Quarry mine. Workers at the Midlands-based gold mine downed tools from January 15 until March 13 demanding outstanding salaries dating...
Golden Sibanda A Zimbabwean delegation comprising government and private sector officials descends on Canada next week to lure Foreign Direct investment (FDI) into its lucrative mining sector from one of the world’s most attractive mining regions, continuing a charm offensive for capital inflows into the economy. The Southern African country has...
Golden Sibanda Mining firms in Zimbabwe have expressed reservations over Government’s new platinum beneficiation tax structure, warning the charges were extremely high, undermined competitiveness and viability of this strategic sector. The new platinum tax structure took effect on January 1, 2018 and penalizes miners for export of white concentrate at 5...