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Mining

Zim’s copper plant resumes operations

Zimbabwe Copper Industries (ZCI), a subsidiary of the Industrial Development Corporation of Zimbabwe (IDCZ), will soon resume operations four years after closure following a $1 million cash injection into the redundant firm.

Mining

Essar deal in limbo

The $750m Essar Africa takeover of Ziscosteel is facing fresh hurdles amid indications the Mines and Mining Development ministry wants an independent auditor appointed to quantify and validate iron ore mining claims at Buchwa Iron Mining Company before handing them over to the Indian firm.

Mining

Chrome ban to be lifted

The government is considering lifting a ban on chrome ore exports amid reports that large mining firms are shortchanging small-scale miners extracting on their behalf.

Mining

Zim seeks London Bullion Market membership

Plans to rejoin the London Bullion Market Association (LBMA) are at an advanced stage as local gold production emerges from the doldrums.

Mining

Three JVCs eye Kamativi

Three joint venture companies (JVCs) have been shortlisted to take over mining operations at the defunct Kamativi tin mines that closed more than a decade ago.

Mining

Flemiro snaps stake in Blanket Mine

Mining company Caledonia has begun rolling out its indigenisation and empowerment plan after agreeing terms with a local consortium, Flemiro Investment, for the disposal of a 15% stake valued at $11 million.

Mining

New policy critical in reviving mining

Chamber of Mines of Zimbabwe (CMZ) president Winston Chitando says there is an opportunity for a world-class mineral development policy that will guide the formulation of legislation, fiscal measures and other government interventions that will help revive the mining industry.

Mining

Hwange prowls on Asian markets

Coal mining firm, Hwange Colliery Company Limited (HCCL), plans to cash in on the shortage of coking coal in the Asian market by boosting its production to meet the export demand.

Mining

Africa miner SNR opens new coal export route

LONDON - South African coal miner Strategic Natural Resources Plc (SNR) will open a new coal export route using the East London port in the Eastern Cape when its joint venture marketing firm begins shipments in December.

Mining

Marange diamonds boost Israeli firm

A huge appetite for Marange diamonds has seen a surge in demand for cutting and polishing equipment in India as the country continues to export raw gems.

Essar deal in limbo
Essar deal in limbo The $750m Essar Africa takeover of Ziscosteel is facing fresh hurdles amid indications the Mines and Mining Development ministry wants an independent auditor appointed to quantify and validate iron ore mining claims at Buchwa Iron Mining Company before handing them over to the Indian firm.