March 10, 2023. Marula Mining, a UK mining company focused on Africa, is entering the Zimbabwean market after identifying opportunities in copper and lithium. The company has established a Zimbabwean arm, Muchai Mining, which will lead Marula's plans to secure near-term and advanced lithium and copper opportunities in Zimbabwe, which is ...
By Clarity Sibanda – Friday 14 February 2020. HARARE (Mining Index) – ZIMBABWE is facing political turmoil, intolerance and human rights violations.By most economic indicators, poverty levels continue increasing and this has been exacerbated by drought. The Southern African country prides itself of vast mineral deposits but many …
The Zimbabwe Energy Regulatory Authority (ZERA) has announced new fuel prices effective March 6, 2023. In a statement, the regulator said petrol would now be sold at US$1.62 or ZW$1455.32 up from US$1.59 or ZW$1 241.01 announced on 26 January 2023. The authority also said the retail price for diesel is now US$1.67 or ZW$1….
September 4, 2023. 212. CHIEFS from Midlands province Sunday listed their expectations from Kuvimba Mining House (KMH)'s Sandawana Lithium mine in Mberengwa, stating that the resource should benefit the community first before the nation. Through their chairperson, chief Ngungumbane born Zama Mkhwananzi the chiefs said KMH now has their ...
By Business Reporter – Tuesday 22 September 2020. HARARE – THE Zimbabwe Consolidate Diamond Company (ZCDC) board yesterday appointed Mark Mabhudhu as the substantive Chief Executive Officer (CEO) for the diamond producing entity. "The Board is pleased to announce to all employees the appointment of Mark …
MINING companies in Zimbabwe have spent over US$1,5 billion on capital projects and exploration activities in the past three years, a survey report by the Chamber of Mines of Zimbabwe (CoMZ) shows. The report also revealed that in the next 12 months, mining firms require around US$2 billion to ramp up and sustain their operations.
The mining index dropped its points from 209.81 to 145.65 which downsized production. However the mining sector later gain its confidence and the index significantly improved …
17/04 - Closed. Currency in ZWL ( Disclaimer ) Type: Index. Market: Zimbabwe. # Components: 1. Volume: -. Open: 100.04. Day's Range: 100.04 - 100.04. ZSE Mining …
In its report for the week to October29, the Reserve Bank of Zimbabwe (RBZ) said prices for all minerals went down except for gold. "Platinum prices fell by 2.0% to US$1,028.89 per ounce, during the week ending October 29 2021, from a weekly average of US$1,050.40 per ounce in the previous week which ended October 22 2021.
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Get free historical data for ZSE Mining. You'll find the closing price, open, high, low, change and %change for the selected range of dates. The data can be viewed in daily, weekly or monthly...
ZSE Mining Historical Rates (MINZI) Investing. Get free historical data for ZSE Mining You'll find the closing price, open, high, low, change and %change for the selected range of dates The data can be viewed The price of maize exhibited a downward trend, dropping from US$348 per tonne on 31 August 2012 to US$315 per tonne by 28 September 2012 …
Small-scale miners cry foul over 'exorbitant' taxes. September 22, 2022. 0 111. YOUTHS who are into small scale mining are calling for the reduction of exorbitant mining levies required for one to operate in order to allow growth and development in the sector. Steep mining levies in the country hinder other players from venturing into the ...
AN ENVIRONMENTAL catastrophe is rapidly engulfing the mining town of Penhalonga, in Mutasa District, Manicaland Province. Random open cast mining by scores of syndicates, destruction of fields belonging to local peasant farmers, pollution of Mutare River and invasion of Penhalonga estates by artisanal miners brought in by syndicates …
The Mines and Minerals Act (Chapter 21:05) (the Act) is the principal Act regulating the mining industry in Zimbabwe. There are several regulations and other Acts that apply. In this article an overview is given of the Act. Space permitting specific issues or parts of the Act will be dealt with in future. The Act is arranged into twenty seven ...
First Online: 02 March 2024. 33 Accesses. Part of the book series: Economic Geography ( (ECOGEO)) Abstract. This chapter examines the socio-economic impacts of China's …
Indices are designed to be broad measures of performance of an asset class or a subset of that asset class. So that indices are widely adopted, the methodology used to create an index is often published to give stakeholders an understanding of how decisions governing index calculation are made. Also, indices are sometimes designed to be investable.
ZESA Explains Increased Load Shedding. September 15, 2022. 163. THE Zimbabwe Electricity Transmission and Distribution Company (ZETDC) says the current increased load shedding is due to depressed generation capacity at its power stations. According to generation statistics as of Wednesday, the Zimbabwe Power Company …
Figure 5: Nickel Index of Mineral Production, 1st Quarter 2019 to 2nd Quarter 2022. Copper . The 2nd quarter 2022 output index for copper was 79.4. The mineral's year-on-year …
Bikita Minerals says it has completed the construction of two lithium processing plants, kicking off trial production at the mine. Global metals giant Sinomine bought Bikita last year in a US$180 million deal with African Metals Management Services and German investor Wilfried Pabst's Southern African Metals and Minerals, the …
June 25, 2021. 0. Mining investment consortium, Chandiwana Mining Corporation, says it is constructing a processing plant at the Zvishavane-based Sabi Gold Mine as it moves to ramp up output. Chandiwana is the majority shareholder in Sabi Mine, holding 51% stake. It has the intention to increase its shareholding in the gold miner.
The main stock market index in Zimbabwe (ZSI Industrials) decreased 677779 Points or 99.99% since the beginning of 2024, according to trading on a contract for difference (CFD) that tracks this benchmark index from Zimbabwe. Zimbabwe Stock Market - values, historical data, forecasts and news - updated on April of 2024.
By Features Reporter – Wednesday 21 October 2020. ANALYSIS (Mining Index) – WITH total worldwide lithium (Li) reserves estimated at 17,000,000 MT, Zimbabwe can potentially account for 20 percent of global lithium if all its known lithium resources are fully exploited.The country's Li deposits are second to none in Africa, being Africa's top …
He can be contacted on +263 772 246 900 or gohofisi@gmail. Herald. This article seeks to give an overview of the minerals found in Zimbabwe. The country's mining industry is poised for growth with the Government planning annual export earnings of US$12 billion in the next few years. This sector presents lots of investment opportunities.
Mining Index Provides mining news and detailed, relevant information on mining in Zimbabwe focusing on local news, environment, investment, mining …
By Business Reporter – Sunday 26 July 2020 ONE of the leading quarry mines in Zimbabwe, Kromount Technologies (Pvt) Limited, trading as Vuti Quarries says it has gone full circle in the production of aggregate stones of all sizes. Incorporated in 2017, Vuti produces various types of aggregates for the construction industry, with a supply….
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Plans to reopen Mazowe Mine in limbo. September 26, 2021. 0 202. The judicial manager of Metallon Gold Corporation's Mazowe Goldfields in Mashonaland Central has deferred the decision to reopen …
This page contains real-time streaming quotes of the ZSE Mining index components. Breaking News ... Rate-Cut Forecast Now Seen for September at Earliest. ... Rio Zimbabwe: 55.25: 55.25: 55.25-1324 ...
Australian miner, Prospect Resources said results of exploration conducted at its Chishanya project in Buhera, South East Zimbabwe, showed the existence of "significant sized" Rare Earth Elements (REE) deposits. Prospect, which is also developing the Arcadia Lithium Mine on the outskirts of Harare, said the Chishanya deposit was a …
Landline +263 8677 110809 Whatsapp +263 732491982. Mobile +263 713491982,+263 773491982. Address B4-3, Marlborough Heights, Granger Way, Civic Centre, HARARE, ZIMBABWE
February 1, 2023. 0. THE spike in global demand for metal-based minerals has seen Zimbabwean smelting companies increasing their prices for chrome in a move that has boosted local production, the Zimbabwe Independent has learnt. Chrome miners have for years been crying foul over chrome price manipulation by "mafia-style" smelting …
ZIMBABWE has recorded an increase of over 20 percent in mining production during the second quarter of the year, driven by global demand for lithium, …
A COUPLE of weeks back, Zimbabwe Chamber of Mines published its state of the mining industry survey report looking at issues faced by the industry and prospects for 2022. To ensure objectivity, the …
September 25, 2022. 0 94. SOME 40 families facing displacement by a multi-million-dollar lithium mine in Buhera have now been relocated to new houses build by a Chinese company behind the project. Max Mind Zimbabwe established a lithium mine earlier this year in Ward 12 which falls under Chief Chitsunge, some 40km east of Murambinda town.
The Zimbabwe Stock Exchange mining index today went over the 100 point mark for the first time in three years. The resources index gained 7.41 percent to …
By Tendai Sahondo, News Editor – Saturday 29 June 2019 HARARE (Mining Index) – The Ethics Institute of Zimbabwe (EIZ) has decried the alarming levels of corporate misdemeanor and corruptive tendencies that have overrun the mining sector in recent years.Speaking to Mining Index at the sidelines of the 'Ethical Leadership, …
Local News. Prospects for Zimbabwe's gold. In 2019, the Treasury Department admitted that only 33% of gold produced in the country is delivered to the …