Market News

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. . . .

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 businessdige . . .

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 a . . .

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. &nb . . .

Kibo Mining (LON:KIBO) has finished work on the first phase of its definitive mining study (DFS) for the coal mine at its integrated power project in Tanzania. The work included a 820m diamond core drill programme to confirm slope angles of pit design, coal metallurgy to ensure to determine the p . . .