Market News
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Zimbabwe: Headway in U.S.$3 Billion Platinum Project
Posted on :Saturday , 17th October 2015
The second phase of the $3 billion platinum project in Darwendale, a joint venture between Zimbabwe and Russian companies, is expected to start next year, with visiting Russian Deputy Minister of Industry and Trade Mr Georgy Kalamanov, yesterday expressing satisfaction with the progress made so far.
This phase involves construction and commissioning of two undergrou. . .Operations At Hwange Chaba Mine Resume
Posted on :Saturday , 17th October 2015
Operations at Hwange Colliery Company Ltd's (HCCL) Chaba concession resumed this week after Mota Engel, the Portuguese company contracted to mine the area, went on a week-long production strike demanding outsanding debts, businessdigest has established.
Well-placed sources told businessdigest this week that HCCL's mining contractor resumed operations at the colliery. . .Cuando Cubango - Mining Project in Advanced Stage
Posted on :Friday , 16th October 2015
Luanda — The Cuito and Cuchi Mining Project in southeastern Cuando Cubango province is in very advanced stageand with a good dynamics.
This was said Wednesday in Luanda by the minister of Geology and Mining , Francisco Queiroz.The minister was speaking to journalists after attending the ordinary Joint Economy and Real Economy Co. . .Blanket Mine Gold Output Up 5 Percent
Posted on :Friday , 16th October 2015
Caledonia Mining Corporation says Blanket Mine delivered 10 927 ounces of gold in the third quarter to September 30, a 5 percent increase from the previous quarter.
Third quarter production was also 10,5 percent higher than the same period last year in which 9 890 ounces were produced.In an update, Caledonia said Blanket mine remained. . .East Africa: Gold Miners Make 140.6 Million Br Investment
Posted on :Thursday , 15th October 2015
Two small scale mining companies are seeking gold and silver extraction licences to join the multi-billion Birr sector now dominated by MIDROC Gold.
These companies, Letto and Lozbez, completed their exploration work and submitted their feasibility studies to the Ministry of Mines (MoM) in September.During the five years of the . . .Please Select an Option
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