17.1 C
Harare
Wednesday, October 20, 2021
Gold production for the six months to 30 June 2021 fell by 4% to 564kgLoss for the period widened to ZW$1.5b from prior year’s loss of ZW$77.4m due to the lower productionWorking on resuming chrome business and bringing back nickel production to full capacityHigher diamond sales offset...
Nickel prices expected to remain above US$18,000 per tonneThe company is also looking at boosting productionNickel sales 67% higher during the five months ended 31 August 2021 HARARE – Zimbabwe Stock Exchange (ZSE)-listed miner, Bindura Nickel Corporation (BNC) expects its annual net profit...
Johannesburg – Platinum group metals (PGMs) and chrome mining giant, Tharisa announced that it is committed to reduce its carbon emissions by 30% by 2030 and to reach net-zero emissions by 2050. The impact of climate change has become a hot topic in...
Maligreen estimated to contain mineral resource of approximately 940,000 ounces of goldCaledonia expects to drill an initial 4 800 meters at an estimated cost of US$1.6 million over a period of 18 to 24 monthsSubsequent exploration programme is under consideration to explore for continuations of the existing...
The Company is currently enhancing its mine closure plans implementationThe Company paid all claim inspection fees in 2021The Company installed additional garbage receptacles along the main road to every station Harare – Bindura Nickel Corporation is advancing its sustainability measures to reduce environmental...
Deal “essential for transition to a cleaner future”Sibanye has agreed to subscribe for a strategic placement of new ordinary shares in “ioneer” equal to 7.1% of ioneer’s placement shares for US$70mRhyolite Ridge is expected to be one of the first large US lithium projects to enter production
Key Highlights: Profit after tax surges to US$563.1 millionRevenue up 56% from US$868.9 million to US$1.4 billionMilled production levels maintainedUS$159 million channeled towards expansion projects HARARE - Zimplats, a subsidiary of one of the world’s foremost producers of platinum and...
Key Highlights: Gross profit scaled up 130% to R53.5bn from fiscal 2020 position of R23.27bn125% increase in headline earnings to R36.4bnBoost dividend pay-outs to shareholdersBullish financial performance driven by higher sales volumes delivered into a robust PGM pricing marketTotal 6E concentrate production of 3.29...
Share buyback part of scheme to return US$2 billion to shareholdersCompany targeting to buy back over 200 million sharesAlso issuing a billion-dollar dividend Harare – Anglo American, the parent company of Unki Mine has bought back over one million of its own shares...
Key Highlights Headline earnings expected to jump over 120%HEPS expected to increase between R45.64 and R46.91Basic earnings of between R46.5BN and R47.5BNFull earnings report due on Sept. 2. HARARE - On Monday, platinum group metals (PGMs) mining and marketing company...