Caledonia gold miner reports profit in Q3, reiterates production guidance
Zimbabwe-focused gold producer Caledonia Mining has reported that its Blanket mine produced 21,772 ounces of gold in Q3 2023, 3%
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Zimbabwe
PPC Zim volumes down 16% despite robust cement demand
Volumes year-on-year were down 16% despite robust cement demand from concrete product manufacturers and government-funded infrastructure projects. This is due
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PPC Zimbabwe impacted by a longer than usual kiln stoppage
At 30 September 2022, PPC Zimbabwe reported a decline in sales volumes of 13% for the first six months of
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Zimbabwe cement sales volumes increase by 28% year-on-year
PPC Zimbabwe continues to trade ahead of expectations even though trading conditions remain challenging due to the macro-economic environment. For
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Caledonia Mining reports record Q1 gold production in Zimbabwe
Caledonia Mining today reported Q1 2022 gold production of 18,515 ounces at its Blanket mine in Zimbabwe, a record for
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Zimplats invests R28 billion capital for new mine and solar plant
Impala Platinum’s Zimplats in Zimbabwe, has announced a new R28 billion capital shore-up to develop a new mine, expand existing
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PPC ready to benefit from growing cement demand in Africa
Despite the uncertain trading environment and macro-economic backdrop, the PPC group is well-positioned to benefit from growing cement demand in
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Zimplats constructs third concentrator at cost of US$94 million
Zimplats delivered another strong operational performance and made pleasing progress on the expansion projects under construction. During the year, Implats
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Caledonia acquires the 940koz Maligreen gold project in Zimbabwe
ST HELIER – Caledonia Mining Corporation has announced that it entered into an agreement to purchase the mining claims over the
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Zimasco to build new ferrochrome furnaces at its Kwekwe complex
On 19 September 2021, Zimasco, (owned by China’s Sinosteel Corp.) announced that it will invest US$35Million in new ferrochrome furnaces at
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Zimbabwe privatises gold refinery for US$49m
Ten companies will take control of Zimbabwe’s privatised gold refinery, Fidelity Printers and Refiners (FPR), for US$49 million, Finance minister
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DP World Maputo sent first container train service from Harare
DP World Maputo, which has the concession to manage, develop and operate the Maputo container terminal, has handled the first
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Tharisa acquires a 100% shareholding in Salene Chrome Zimbabwe
Tharisa, the leading integrated platinum and chrome producer with operations in South Africa, has announced the acquisition of Salene Chrome
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Anglo American Platinum PGM production increases by 7% in Q1
Total PGM production increased by 7% to 1,021,200 ounces (against prior period Q1 2020), with platinum production 6% higher at
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Tanzania leads Africa in nickel projects
With battery-grade nickel to remain in a deficit, its wealth of nickel deposits will position Africa to benefit from an uptrend in
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South Africa to lead platinum production recovery in 2021
At the time of writing 269 million doses of COVID-19 vaccines have been administered and the IMF forecast global economic
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Chinese company to build 2 million ton steel plant in Zimbabwe
HARARE – World’s top producer of nickel and stainless steel Tsingshan Holdings Group’s local unit Afrochine will start construction on
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PPC reports positive cement demand momentum Zimbabwe
Although trading conditions in Zimbabwe were characterised by a challenging economic environment and the impact of COVID-19 related lockdown restrictions,
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PPC cement sales continue to show double-digit growth
As previously reported, PPC experienced muted sales in April and May 2020 due to the COVID-19 restrictions imposed across most
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Impala Platinum operations improved by 18%
Gross tonnes milled at Impala Platinum managed operations improved by 18% to 6.13 million tonnes during the quarter ending September
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Zimplats production remains relatively unaffected by pandemic
Zimplats, a member of the Implats group, continues to benefit from uninterrupted operation and remained relatively unaffected by the Covid-19
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Zim mining boss arrested while smuggling 6kg of gold to Dubai
Henrietta Rushwaya has been arrested by Zimbabwe police who is the boss of the Zimbabwe Miners Federation and formerly the
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Hwange Colliery idles due to persistent losses
The condensed interim financial results for the six months ended 30 June 2020 have been reviewed by Grant Thornton Chartered
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PPC’s high growth of cement volumes in June to September
PPC’s cement operations ramped up in May 2020 post the Covid-19 restrictions imposed at the end of March 2020 across
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Lafarge Zim and CBMI sign a contract for grinding plant
Lafarge Zimbabwe, a LafargeHolcim subsidiary, and CBMI, a China National Building Materials (CNBM) subsidiary, have announced the signing of a
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Zimbabwe’s NSSA lifts prohibition on Diamond Cement
The National Social Security Authority (NSSA) has lifted a prohibition order which it issued to Livetouch Investments subsidiary Diamond Cement
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Converter plant shutdown reduces global platinum production
Global refined platinum production in Q2’20 fell by 43% (-712 koz) to 954 koz, with South Africa representing the bulk
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Zimbabwe repossessed 32 idle mining concessions
The Zimbabwe Government has repossessed 32 mining concessions at were lying idle through the country as it moves to implement
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Impala production rates normalised back to full capacity
The coronavirus pandemic significantly disrupted and impacted business performance during the second half of the financial year and resulted in
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Zimbabwe joint venture starts prospecting for diamonds
ALROSA (Zimbabwe) Limited (ALROSA Zim), a joint venture between ALROSA and Zimbabwe Consolidated Diamond Company (ZCDC), starts prospecting and preliminary
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