20 C
Harare
Monday, November 30, 2020
Gold deliveries for October 2020 0.7% below September resultsCumulative total for deliveries now at 18tonnes5 tonne run rate required in the last 2 months in order to meet target for the year Harare – Zimbabwe is set to miss its gold collections target...
Batirai Manhando steps down from MD postThomas Lusiyano takes over effectivelyBoard Changes reflect ownership changesManhando had served for 7 years as MD ZSE listed miner Bindura Nickel Corporation has announced a change in headship with the stepping down of the Managing Director Batirai...
Group EBITDA rose by 144%US operations EBITDA rose by 34%SA operations EBITDA more than doubledMimosa produced 31,572 4Eoz, 23% higher than for Q3 2019. Harare – South African miner, Sibanye Stillwater with a 50% holding in Zimbabwe based Mimosa gold mine has posted...
6.13 million tonnes  milled during the periodJoint venture production from Mimosa and Two Rivers up 23%Zimplats’ production marginally decreased Harare - South African mining group Impala Platinum Holdings Ltd (JSE:IMP) reported a 18% increase in tonnes milled during the first quarter ended 30...
In 2018, RioZim sued RBZ over the issueThe Group’s gold production contracted by 9% in Q3 2020Decline in production exacerbated by ageing equipment at Group’s mines Harare – The delays on the payment of RioZim’s gold receipts by the Reserve Bank of Zimbabwe...
Zimbabwe is reportedly losing US$100m worth of gold each month through side marketingGold deliveries to FPR for the current year are lagging behind 2019ZMF released a statement saying they believe in Rushwaya’s innocence Harare – Zimbabwe Miners Federation ZMF) president, Henrieta Rushwaya was...
Only Renco recorded positive gold productionMurowa Diamonds’ output declined by 2%Delayed payment of gold receipts affected working capital and cash flows and hampered production Harare- RioZim’s gold production contracted by 9% in the quarter ended 30 September 2020 (Q3 2020) owing to low...
Platinum production up 14%Amplats’ (the Group) total PGM production down 2%The Group remains in a net cash position of R20.6 billion Harare – Local platinum producer, Unki Mine’s platinum group metals (PGM) production increased by 12% to 60,000 ounces during the quarter ended...
11.5 Million ordinary shares issued to employeesEmployees now collectively own almost 7.5% of the companyTotal equity increased by 10% Zimbabwe Stock Exchange (ZSE) Listed mining company, Bindura Nickel Corporation Limited has revealed that it has issued almost 11.5 million Ordinary shares to their...
Average PGM contained metal basket price rose to US$1951 per ouncePlatinum price increased by 20%, Palladium by 15.6% and Rhodium by 8.9%Production volumes rose for all PGMs Harare - The record prices of Platinum Group Metals (PGM) as well as increased volumes for...