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Pallinghurst share price leaps on value unlock outline

By: Martin Creamer     19th May 2017 The share price of mining investment fund Pallinghurst leapt in Johannesburg after the company outlined its plans to swop its investment fund shawl for a diversified miner’s mantle, unlock value through full absorption of its coloured gemstone associate and target a possible listing of the... 

Mines body sees bleak 2016 for Zim mining

By: News24Wire      11th January 2016 The Chamber of Mines of Zimbabwe (COMZ) is anticipating little improvement in production and prices for most metals mined in the country, despite an easing in power supplies after Zimbabwe inked a deal to import power from Eskom. Following media reports in Zimbabwe that the power import deal... 

Zimbabwe lifts chrome export ban

By: News24Wire      10th June 2015 Zimbabwe on Tuesday lifted a four-year ban on chrome ore exports. The country also licensed 12 private companies and a state-owned firm to ship excess ore for smelting outside the country and lowered electricity tariffs for miners of the base metal from 8 cents to 6.7c per Kilowatt hour, two... 

DDE achieves record prices from inaugural Zimbabwe diamond tender

By: Natasha Odendaal     7th April 2014 A record number of sales were achieved at the Dubai Diamond Exchange’s (DDE’s) inaugural Zimbabwe diamond tender, held in Dubai from March 23 to 30, DDE chairperson Peter Meeus said on Sunday. The tender, facilitated by Global Diamond Tenders DMCC, realised a total value of $29.2-million from the... 

Zimbabwe shortlists two firms for platinum refinery

By: Reuters     19th February 2014 Zimbabwe has shortlisted two firms to build a new platinum refinery and is looking to resolve a dispute with miners over a 15% levy imposed on unrefined exports of the metal last month, the Mines Minister said on Tuesday. The Southern African country had the world's largest platinum reserves... 

Platinum mines submit plans for Zim refinery by 2016, says State media

By: Reuters     20th January 2014 Major platinum miners in Zimbabwe have met a government deadline to agree and submit plans to build a major refinery in the country by the end of 2016, State media reported on Sunday. President Robert Mugabe's ZANU-PF government gave platinum mines until January 18 to submit proposals to build a... 

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