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

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

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

Zimbabwe: State Sets Chrome Ore Prices

GOVERNMENT, through Apple Bridge Investment - a special purpose vehicle established to facilitate chrome ore exports - has set prices at which it will buy the mineral from local producers.

Thursday, October 8, 2015

‘Sectional block model’ launched in China

South Africa- and Singapore-based commodities trader Sail Group, in conjunction with integrated chrome producer Afarak Group and trade services company Chinalight Resources, launched the Sectional Block model – an approach to mine development that serves both...

Tuesday, September 29, 2015

Afrochine Fails to Reach Full Output Capacity

Chinese chrome smelting company, Afrochine’s Selous smelting plant is failing to reach full production capacity due to feedstock shortages, the company has said. The company is considering increasing production following the recent lifting of a ban on chrome ...

Monday, September 28, 2015
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