NEWS & EVENTS

LATEST MINING NEWS

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Zambezi gas invests US$3million, set to up production
By: Mining Zimbabwe

Date: Fri, 25 Sep 2020 07:52:56 +0000


Zimbabwe’s second-largest coal miner, Zambezi Gas has invested US$3 million in new open cast mining equipment as the company targets at increasing production to 200 000 tonnes per month by end of the year. Bernard Rinomhota At present, the Matabeleland North-based colliery is producing 100 000 tonnes of coal per month from its existing open

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Zimbabwe exposing Chrome miners to exploitation
By: Mining Zimbabwe

Date: Fri, 25 Sep 2020 05:41:34 +0000


Zimbabwe’s failure to formalize and “technocratize” Chrome buying and exporting has led to the exploitation of local miners by buyers who bargain predatorily leaving the miner with very low returns that will not sustain mining development or growth experts have said. Rudairo Dickson Mapuranga Zimbabwe has the world’s second-largest chromium reserves after South Africa, with

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Tagwirei’s Sotic completes BNC takeover
By: Mining Zimbabwe

Date: Fri, 25 Sep 2020 05:17:25 +0000


Shares worth Z$3.43 billion were traded in Bindura Nickel Corporation (BNC) on Tuesday, as Mauritius-based commodity company Sotic International completed the takeover of Zimbabwe’s biggest nickel producer. The bulk deal comprised 22 trades in 926.8 million shares at 370 cents per share. The transaction, valued at Z$3,429,090,000, accounted for the bulk of the day’s trade

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Mimosa general manager dies
By: Mining Zimbabwe

Date: Thu, 24 Sep 2020 13:37:11 +0000


Mimosa General manager Alex Dzimbanhete Mushonhiwa has died. In a statement, the Midlands-based platinum miner, Mimosa, announced the untimely death of Mushonhiwa. The 55-year-old Mushonhiwa passed away after a short illness. In a statement the Platinum miner said: “It is with great sadness that we advise of the untimely passing of our General Manager Mr.

The post Mimosa general manager dies appeared first on Mining Zimbabwe.


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Vast Resources wishes Mabhundu well
By: Mining Zimbabwe

Date: Thu, 24 Sep 2020 07:23:19 +0000


Vast Resources plc, the AIM-listed mining company, is pleased to update the market on its operations in Zimbabwe. The Company is proud to announce that Mark Mabhudhu, Executive Director of the Company’s Diamond Division, has received an offer to join the Government-owned Zimbabwe Consolidated Diamond Company “ZCDC” as Chief Executive Officer starting immediately. Following a

The post Vast Resources wishes Mabhundu well appeared first on Mining Zimbabwe.


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