Zimasco Seeks Partner for Chrome Ore Processing

Zimbabwe‘s largest ferrochrome producer, Zimasco has started scouting for a private company to process 40 000 metric tonnes of chrome ore fines currently stockpiled at its Kwekwe smelter plant.

Friday, October 23, 2015

Tough Times Prompt VISA Steel to Think Out of the Box

In 1994, Vishambhar Saran took everyone by surprise when he quit Tata Steel after a 25-year stint. He was director of raw materials then. VISA Industries (later renamed VISA Steel) was set up. The big leap for Saran came in 2003 when the company signed a memor...

Thursday, October 22, 2015

Zim Seeks Power Rescue from Eskom

A deal to import 300MW from South Africa’s power utility Eskom is being finalised as government seeks to augment Zimbabwe’s dwindling power supplies, businessdigest has established.

Monday, October 19, 2015

Prices Head for Biggest Weekly Rise in More than 3 Years

Commodities jumped on Friday, headed for their largest weekly gain in more than three years as base metals roared higher after Glencore pledged to slash zinc output and gold hit three-week highs after dovish Federal Reserve minutes.

Friday, October 16, 2015

Junior Miners Embrace Unconventional Strategies to Survive Economic Trials

The drying up of equity and debt markets coupled with new lows in cash reserves have pushed Canada's junior mining industry on a further downward financial trend, according to PwC's yearly report on the TSX Venture's top 100 junior mining companies. But the in...

Friday, October 16, 2015

Zimbabwe Asks Chrome Producers to Cede Mining Claims

Zimbabwe has asked two ferrochrome producers, including a unit of China's Sinosteel Corp Ltd, who own 80% of all chrome mining claims to release some ground for distribution to new investors, the mines minister said on Wednesday. Zimbabwe holds the world's sec...

Friday, October 16, 2015

SPCB Wants Action Plan on Chrome Ore Overburden

With huge overburden of chrome ore creating environmental problems, the State Pollution Control Board (SPCB) has directed that a comprehensive overburden management action be prepared for Sukinda Valley.

Thursday, October 8, 2015

600 Claims Forfeited

THE government has forfeited about 600 mining claims of base metal minerals in the Midlands province in terms of the Mines and Minerals Act (Chapter 21:05).

Thursday, October 8, 2015
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