Govt launches US$10 million gold facility
TweetShareSharePin0 SharesBy ETimes Zimbabwe has launched a US$10 million gold facility meant for mining expansion and value addition. The Artisanal Gold Small Scale Miners Fund (AGSMF) and Gold Service Centre…
Zim bans exportation of raw lithium
TweetShareSharePin0 SharesBy ETimes Zimbabwe has effectively prohibited the exportation of raw lithium immediately amid a recent rush for the new precious resource. Now, under a new legal instrument – Statutory…
More offtakers for Lubu Coal as Contango signs MOU
TweetShareSharePin0 SharesBy ETimes Contango Holdings, the London listed miner announced that it has entered into a non-binding Memorandum of Understanding (MOU) with a leading Multi-National Company (MNC) with respect to…
Contango shares dip on Wednesday due to delay in sales by a quarter
TweetShareSharePin0 SharesBy ETimes Contango Holdings, the London listed natural resource company, announced its audited results for the year ended 31 May 2022. The company said it is now fast approaching the…
Unki Mine lifts Zim’s third quarter platinum output to 118koz
TweetShareSharePin0 SharesBy ETimes Zimbabwe’s platinum output rose 2% to 118 000 ounces in the third quarter ended 30 September 2022 from 116 000 ounces in the comparative period, the latest…
High-cost structure to weigh down mining sector profitability prospects: Report
TweetShareSharePin0 SharesBy ETimes Players in the mining sector are losing up to 20% of their production potential owing to power shortages, latest data shows. Currently, the mining sector makes up…
Caledonia in another fruitful quarter despite inflation
TweetShareSharePin0 SharesBy ETimes Caledonia Mining’s revenues rose by 21 percent in the latest quarter as production from its Blanket gold mine hit another new record. The Zimbabwe-focused miner says production this…
Caledonia adds Motapa mining prospect to its portfolio
TweetShareSharePin0 SharesBy ETimes Caledonia Mining Corporation which has a secondary listing on the foreign currency denominated Victoria Falls Stock Exchange announced that it acquired more gold exploration property in Motapa…
Lubu Coal Project to install coal wash plant
TweetShareSharePin0 SharesBy ETimes Contango Holdings, the London listed natural resource company developing the Lubu Coal Project in the Zambezi basin has said it will begin coal wash plant installation this…
Unki PGM output up 27% in first 9 months
TweetShareSharePin0 SharesBy ETimes Anglo American said on Thursday that Platinum Group Metals (PGMs) output at its Shurugwi-based mine, Unki, rose 27% to 179 500 ounces in the first 9 months…