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  • ZSE market cap crosses $50 trillion as anxiety over MPS continues

ZSE market cap crosses $50 trillion as anxiety over MPS continues

By ETimes HARARE – Trading in the Zimbabwe Stock Exchange market kicked off the week on a bullish note as analysts see positive momentum continuing due to anxiety over the…

ZIMPLATS announces voluntary retrenchment program amidst challenging market conditions

By ETimes In an internal memo circulated yesterday, Alex Mhembere, the Chief Executive Officer of ZIMPLATS, addressed the company’s workforce regarding the ongoing challenges faced in the operating environment. “We…

Zim’s platinum output surpasses 500 koz milestone for first time

By Stephen Chandisareva HARARE – Platinum production in Zimbabwe rose 6% to 507 000 ounces in 2023 from 480 000 ounces in 2022, reflecting positive developments and increasing competitiveness in…

Caledonia warns higher operational costs will eat into profit

…as full year PBT will be below market expectations By Stephen Chandisareva GOLD miner Caledonia Mining Corporation said on Monday it expects to report an adjusted profit before tax for…

BOD hopes Zim diamond sector ‘will soon open up’

By ETimes HARARE – Players in the mining industry hope that the diamond sector will be open to other private players. In terms of policy, new entrants into Zimbabwe are…

Tharisa impressive results boost Karo chances

By ETimes Miner Tharisa has reported an 8.7% increase in mill throughput at its South African operations to more than 1.4-million tonnes, with improvements in both grade and recovery for…

Karo in talks to raise US$260 million debt capital

By ETimes Karo Mining Holdings says talks are underway to secure US$260 million in loan money to finance its Karo Platinum Project in Zimbabwe. The Karo Platinum Project in Zimbabwe,…

Premier African Minerals gets positive assay results

By ETimes Premier African Minerals Limited is on the cusp of a transformative chapter with the Zulu Lithium and Tantalum Project, showcasing promising developments through recent assay results. In a…

Mining cadastre completion this year

By ETimes Zimbabwe has been mapping a Mining Cadastre System (Cadastre System) in order to take stock of all mines and minerals in the country, and it seeks to complete…

BNC H1 loss before tax widens amid softening commodity prices

By ETimes Bindura Nickel Corporation posted a wider first-half loss before tax of US$8.88 million from a US$5.47 million a year earlier owing to low nickel prices. This comes as…