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  • BNC H1 loss before tax widens amid softening commodity prices

BNC H1 loss before tax widens amid softening commodity prices

TweetShareSharePin0 SharesBy 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…

Australian miner picks two mines for US$60 000

TweetShareSharePin0 SharesBy ETimes MetalsGrove Mining (MGA) has entered into a strategic agreement to acquire six, contiguous and highly prospective lithium-tin-tantalum claims from two mines, in what the company considers a…

RioZim LTI declines but records 2 fatalities in 2022

TweetShareSharePin0 SharesBy ETimes Mining firm RioZim revealed that there was a notable decline in Lost Time Injuries (LTI) across the group, totalling 9 in 2022 compared to 14 recorded in…

Zim platinum output hit an all-time high of 129koz in Q3

TweetShareSharePin0 SharesBy ETimes Zimbabwe’s platinum production rose 11% in the third quarter of 2023 to an all-time high of 129 000 ounces, the World Platinum Investment Council (WPIC) latest report…

Caledonia hit by disappointment over Bilboes oxide mine operating losses

TweetShareSharePin0 SharesBy ETimes HARARE – Gold producer Caledonia Mining says the Bilboes oxide operation has been a letdown and has been placed back into care and maintenance owing to operating…

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…