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Vast Resources prepares to sell 129,400 carats of rough diamonds

TweetShareSharePin0 SharesBy ETimes HARARE – Vast Resources says it is getting ready to sell 129,400 carats of rough diamonds that have been in the custody of the Reserve Bank of…

Zim’s platinum output up 2% in Q2 to record high

TweetShareSharePin0 SharesBy ETimes HARARE – Zimbabwe’s platinum production rose 2% in the second quarter of 2023 to a record 126 000 ounces, the World Platinum Investment Council (WPIC) latest report…

Contango to start coal sales this month

TweetShareSharePin0 SharesBy ETimes Natural resource development company Contango Holdings has signed a new offtake agreement with global commodity marketing firm TransOre International FZE for the sale of coal from the…

Caledonia trades flat amid 13.3% dip in HY23 gold output at Blanket

TweetShareSharePin0 SharesBy ETimes Caledonia Mining Corporation Plc share price remained flat on the week’s opening amid the mining giant’s announcement that production was below expectations in May and the first…

Caledonia optimistic about results from extension drilling

TweetShareSharePin0 SharesBy ETimes Current underground drilling at the Blanket Mine in Zimbabwe, according to Caledonia Mining Corporation, showed that the Eroica target ore body continued at depth with greater widths…

Marula Mining appoints William Thompson country manager

TweetShareSharePin0 SharesBy ETimes UK listed miner Marula Mining which announced the establishment of a new mining subsidiary locally, Muchai Mining Ltd, has appointed Mr. William Thompson as its country manager…

Contango Holdings finally starts production

TweetShareSharePin0 SharesBy ETimes The Lubu coking coal project, owned by London-listed natural resource development company Contango Holdings has begun producing washed coal. This followed dry and wet runs of the wash…

ANALYSIS| Hefty Barzem Loss Provisions Drag Zimplow to ZWL$1.3 bln Loss in FY22

TweetShareSharePin0 SharesBy ETimes Financial Performance Highlights Commentary and Analysis In implied US dollar terms, revenue was down in the groups key segments, with Mining and Infrastructure taking a big hit…

Caledonia Mining production slips 13% in Q1

TweetShareSharePin0 SharesBy ETimes Gold producer Caledonia Mining announced Q1 2023 gold production of 16,141 ounces from its Blanket and Bilboes mines, down 13% compared to Q1 2022 production of 18,515…

Zim’s first quarter platinum output jumps 3pct

TweetShareSharePin0 SharesBy ETimes Zimbabwe’s platinum output for the first quarter of 2023 increased by three percent to 121 000 ounces, lifted by ongoing project developments, the World Platinum Investment Council…