Thursday, October 18, 2018
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...
Golden Sibanda Zimbabwe, which is home to over 60 mineral occurrences, including gold platinum and diamonds, might need as much as $15 billion to procure new equipment, ramp up production and explore new mineral reserves or replenish depleting assets, the mining industry’s representative body has said. The country has potential to...
Livingstone Marufu Global Platinum Resources and its Chinese partner, Wanbao Rexco, this week announced plans to revive operations at its 520 million ounces platinum reserves along the Great Dyke belt. Parties to the $1,7 billion deal are pinning hope for revival of the project, that stalled for 14 years since the...
Hebert Zharare Lynx, a partner between the Zimbabwe Mining Development Corporation and Graphit Kromphmuhl of Germany to mine graphite, has reportedly shut down after the foreign investor pulled out and set up a similar project in Mozambique. This follows disputes over corporate governance matters including interference in managerial issues by...
Bulawayo Bureau Zimbabwe’s gold output last year shot up by 18 percent to 24.8 tonnes with the bulk delivered by the small-scale mining sector. Statistics from Fidelity Printers and Refiners, the country’s sole gold buyer, show that in 2017, small-scale miners last year delivered 13.2 tonnes of gold while primary producers...