Caledonia Mining Corporation has declared a quarterly dividend of US$0.14 per share, resembling a 104% increase on its October 2019 pay out. The AIM and NYSE-listed gold miner’s chief executive Steve Curtis said Caledonia has built a strong reputation for delivering shareholder returns through growth and...
Eight survivors and 24 dead bodies have been pulled out of a flooded Zimbabwe gold mine in another disastrous incident for the mining industry, following last month’s dam collapse at a mine in Brazil which killed over 300. It is thought that around 70 miners were...
The Arcadia Lithium Project in Zimbabwe is one step closer to production after Prospect Resources completed a definitive feasibility study (DFS) for the lithium and tantalum resource. ASX-listed Prospect has forecasted average annual spodumene concentrate production of around 212,000 tonnes, 216,000 tonnes of petalite concentrate and...
Zimbabwe’s Minister for Mines and Mining Development Winston Chitando has confirmed that the successful bidders of several state-owned mining assets will be announced in two weeks. Zimbabwe Mining and Development Corporation (ZMDC) has held tenders for six mines and will put on sale its remaining 20...
Zimbabwe Consolidated Diamond Company (ZCDC) plans to commence full-scale mining in the next 30 to 60 days at its Chimanimani diamond fields in Eastern Zimbabwe. Addressing stakeholders at a recent diamond security feedback meeting in Mutare, ZCDC’s chief executive Morris Mpofu said the company had already...
Villagers living around the Marange diamond fields in the Manicaland province of Zimbabwe will be allocated mining claims as part of government plans to support artisanal and small-scale mining activity. The plans were laid out by Zimbabwe Miners Federation’s (ZMF) president Henrietta Rushwaya during a recent...