15.3 C
Harare
Friday, July 30, 2021
Driven by newly introduced export incentivesMeant to greatly benefit mining venturesMove signalling general growing interest in the VFEX after listing incentives Harare – Crocodile breeder and new miner, Padenga Holdings is planning to terminate its listing on the Zimbabwe Stock Exchange (ZSE) and...
Anglo American Platinum, the world’s largest platinum-mining company with operations in Zimbabwe through Unki Mine, today announced the completion of the demerger of its thermal coal operations in South Africa, now operating under Thungela Resources Limited. Thungela Resources Limited (“Thungela”) will start trading...
HARARE - Prospect Resources Ltd’s (ASX: PSC, FRA:5E8) Arcadia pilot plant program is nearing completion of construction, with approximately 92% work done on Engineering, Procurement, and Construction (EPC) scope. The Arcadia Lithium Project located on the outskirts of Harare in Zimbabwe is...
Harare – Mines and mining development minister, Winston Chitando says gold production volumes in the country will have increased to 100 tonnes annually by the year 2023. Chitando said this earlier today in a speech at the 2021 Zimbabwe Mining Indaba currently underway...
Global platinum demand increased to 1.969 million ouncesAn annual deficit of 158,000 ounces expected this yearPlatinum demand in the automotive sector to rise above pre-pandemic levels As the global economy continues to recover, underpinned by widespread stimulus measures, the January-March period (Q1’21) saw...
Johannesburg - Platinum group metals (PGMs) and chrome miner, Tharisa expects basic earnings per share ('EPS') and headline earnings per share ('HEPS') for the six months ended 31 March 2021 to be between US$21 and US$22 cents per share with a tolerance of 10%, relative to...
Total revenue came in at US$71.39 millionMining operations were the biggest contributorProfits however took a slump Harare – Crocodile and alligator breeder, Padenga Holdings limited recorded a 145 percent profit in the year ended 31 December 2020 compared to the prior year mainly...
Zimbabwe’s Platinum Group Metals (PGMs) exports for March 2021 scaled up 202%  year-on-year, bolstering the nation’s aggregate exports which mounted 35.5% to US$461.8 million. The aggregate is denoted as “nickel mattes” on ZIMSTAT data- very well different from the nickel metal. Total...
5,470 ounces produced in AprilFull-year guidance maintained between 61,000 ounces and 67,000 ouncesCash balance at April 30 of $16.3 million from $13 million at the end of Q1 HARARE – Zimbabwe-based Blanket Mine, primarily owned by Caledonia Mining Corporation saw a strong gold...
South African miner, Sibanye Stillwater Limited with a 50% holding in Zimbabwe-based Mimosa Mine, outperformed previous performances with a 78% jump in first-quarter earnings as the business recorded solid operational results from all segments – exceeding pre-COVID (Q1 2020) production levels. Earnings...