Anglo American profit doubles as miners come roaring back
Anglo American Plc reported profit more than doubled last year amid a recovery in commodities, leading the mining giant to say it no longer needs to sell…
Mining
Mining sector under growing siege
ZIMBABWE’S mining sector is under siege as key minerals — diamonds, chrome and coal—are performing below par despite government’s previous efforts to…
‘Platinum output not keeping up with cost hikes’
PLATINUM miners are cautious on the outlook for prices of the precious metal, which analysts say could rise to around US$1 125 by the end of next year. South…
ZimAlloys to oppose govt plan to seize land
ZIMBABWE Alloys Ltd., the country’s second-biggest ferrochrome producer, said it will appeal a government order that it cede 50% of its chrome exploration…
SA contributes 36% of Zim’s import bill
ZIMBABWE imported 36% of its US$1,328 billion import bill from South Africa, latest figures from the Ministry of Finance and Economic Development have shown.
Implats says Q3 output boosted by Zimbabwe
SOUTH Africa’s Impala Platinum posted a 17% rise in production in the quarter to the end of March thanks to a 71% rise in output at its Zimbabwe unit…
Rio Tinto says seeking growth opportunities in Africa
GLOBAL mining firm Rio Tinto is looking for opportunities to expand in Africa as it bets on long term demand growth for minerals, a senior executive said on…
Zim FDIs to register 3,8% growth in 2016: Treasury
ZIMBABWE’S treasury sees foreign direct investment inflows growing by a modest 3,8% to US$614 million next year after government tones down its rhetoric on…
Comment: Let’s learn from other countries
MINING consultancy, Core Consultants’ remarks this week Botswana remains a popular investment destination, specifically on the mining sector despite…
Recovery of mining sector key to long-term growth
THE recovery of the mining sector is critical to the sustainable long-term recovery of Zimbabwe.
