20.8 C
Harare
Sunday, April 5, 2020
Illegal occupants of mine’s houses to be relocatedArcturus mine Clinic set to reopenThe mine will be closed to visitors Harare - TN Gold-Arcturus Mine is set to go on lockdown from the 27th of March 2020 so at ensure the safety of its occupants from coronavirus.
Gold production in Zimbabwe continues to be hamstrung by currency volatility as shown by a dip in February. Data released by Fidelity Printers, the sole authorized buyer of gold in Zimbabwe, buying on behalf of the government, showed that February deliveries eased...
Caledonia has increased the levels of consumables stocksEstimates that Blanket has enough critical spares and mining consumables to sustain uninterrupted gold production In the event of a lockdown in Zimbabwe, Caledonia will have a $12.5 million war chest Following the announcement by South African authorities of a nationwide...
FY output stood at 55 182 ouncesQ4 output surged by 13%Output expected to increase after Central Shaft commissioning Harare- Caledonia Mining Corporation Plc which operates Zimbabwe’s biggest single mine, Blanket has reported that its gold output in the year ended 31 December 2019 increased marginally while...
MOU signed in 2019The term has been extended to 30 April 2020 Harare - Prospect Resources Ltd extends MOU with Uranium One Group as discussions between the two are progressing well. The African lithium developer entered into a MOU with Uranium One...
Mines not making enough money due to undercapitalisation55% forex retention more than enough Harare - Caledonia Mining Corporation plc CFO, Mark Learmonth stated undercapitalisation as one of the factors affecting the mining industry in Zimbabwe at a time when there are forex shortages.
South Africa’s Sibanye-Stillwater said on Tuesday the company along with chemical company BASF and Impala Platinum have developed a new tri-metal catalyst that would enable partial substitution of palladium with platinum. Sibanye says the new catalyst will reduce catalytic converter costs and partly alleviate palladium deficits.
Output stood at 115 kozFull year production was 465kozTotal output was lower than projected amount Harare- Zimbabwe’s refined platinum production in the fourth quarter (Q4) of 2019 remained unchanged from the output recorded in the third quarter (Q3) of 2019. According to...
Decline attributed to lower yieldsTonnes milled declined by 7%Negotiations to extend Mimosa’s life-of-mine completed Harare- Mimosa mine’s 6E concentrates production volumes in the half year of 2020 operating period were 9% lower to 120 000 ounces compared to the same period in the prior year.
Tonnes milled increased by 2% Total cash costs rose by 3% compared to the same period last yearSales volumes however declined by 12% Harare - Zimplats, a subsidiary of one of the world’s foremost producer of platinum and associated platinum group metals, Impala Platinum (Implats) recorded a...