R/€ = 15.94 Change: -0.37
R/$ = 13.76 Change: -0.33
Au 1275.19 $/oz Change: -5.11
Pt 868.50 $/oz Change: -16.98


Zimbabwe miner looking at refinery upgrade for battery grade lithium

By: Reuters     7th May 2018 A Zimbabwean mining company is considering upgrading a local nickel refinery to produce battery grade lithium or alternatively build a new lithium carbonate plant at a cost of up to $150-million, its managing director said on Monday. Lithium is in demand globally as a battery metal needed for the... 

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... 

New cost-slashing platinum technology gaining impressive momentum

By: Martin Creamer     18th May 2017 The new cost-slashing, time-saving, capital-unlocking, mine-broadening and cobalt-saving platinum technology, driven by diversified mining company Pallinghurst and South Africa’s State-owned Industrial Development Corporation (IDC), is gaining impressive international momentum as an initiative... 

Graphite mine seeking $5.9m for plant upgrades, mechanisation and exploration

By: Oscar Nkala     24th June 2016 Zimbabwe's sole graphite mine is seeking joint venture partners or capital lenders willing to $5.9-million to fund plant upgrades and the purchase of equipment to start underground mining, as well as exploration projects to increase the operation's resource base.   Lynx Graphite board member... 

March deadline for foreign firms as Zim curbs investors 

By: News24Wire      5th January 2016 Zimbabwe on Monday put in place a March deadline for all foreign companies to submit indigenisation compliance plans. It also announced new measures to restrict foreign businesses from operating in reserved areas such as retail and agriculture. The indigenisation policy compels foreign firms in... 

Creamer Media publishes African Mining Roundup research report

By: Creamer Media Reporter      16th October 2013 This month’s report includes details of Canadian miner Iamgold, gold major AngloGold Ashanti and the Mali government’s decision to stop mining at the Yatela gold mine, in Mali; African Minerals’ continued progress towards stabilising its Tonkolili iron-ore operation, in Sierra Leone; and the... 

EU lifts sanctions against Zim diamond company

By: Natasha Odendaal     26th September 2013 The World Federation of Diamond Bourses (WFDB) on Thursday welcomed the European Union’s lifting of restrictive export sanctions against the Zimbabwe Mining Development Corporation (ZMDC). WFDB president Ernie Blom said that allowing diamond mines that were fully or partly owned by the ZMDC to... 

Belgium seeks end to EU sanctions on Zimbabwe miner

By: Reuters     14th February 2013 Belgium is pushing for European Union sanctions on a Zimbabwean gold and diamond mining company to be lifted, putting it at odds with some of its EU partners days before a deadline to extend sanctions on Zimbabwe, EU diplomats said on Wednesday. EU sanctions against Zimbabwe's President Robert... 


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