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PLATINUM

Zimbabwe banks told not to process Zimplats exports

Zimbabwe's central bank has ordered the country's banks to stop processing mineral exports by Impala Platinum's local unit, which it accuses of failing to comply with an order to bank locally, a state newspaper said on Friday. A spokeswoman for...
25th May 2012
 
DIAMONDS

Rio's Zimbabwe spin-off covets Murowa diamond mine

Zimbabwe's RioZim Limited has opened talks with Rio Tinto in a bid to take full control of the Murowa diamond mine as the global mining major seeks to leave the gem business, a key shareholder said on Thursday. Rio Tinto has a 78% stake in...
25th May 2012
 
LEGISLATIVE ENVIRONMENT

Zim amending diamonds law to ensure sector’s sustainability

Zimbabwe has started amending the Precious Stones Trade Act as part of reforms of legislation regulating diamond exploration, mining, value addition and beneficiation as well as the security aspects of the diamond mining industry.
25th May 2012
 
ILLEGAL MINING

SA seals mines to curb illegal miners

South Africa has set up a task team to seal access points at mines in a bid to stem a resurgence in illegal mining, the Mineral Resources Minister said on Thursday. On Wednesday at least three illegal miners were killed and 18 others trapped...
24th May 2012
 
GOLD

Caledonia inks two more indigenisation deals for Blanket

TSX- and Aim-listed Caledonia Mining said two further agreements have been signed in respect of the transfer of 20% of its Blanket mine, in Zimbabwe, to two indigenous Zimbabwean trusts. The company said that the agreements had been made in...
24th May 2012
 
LontohCoal Limited

Company Announcement:LontohCoal Media Statement on OTC Share Trading Platform Launch PDF Available

On behalf of the Board of Directors of LontohCoal Limited, it gives me great pleasure to announce the launch of trading of LontohCoal Limited’s shares on an OTC basis from 01 June 2012
23rd May 2012
 
Implats

Company Announcement: Mimosa Safety Incident PDF Available

Implats and Aquarius Platinum confirm that a fire occurred at the jointly owned Mimosa operation in Zimbabwe during the night.
22nd May 2012
 
PLATINUM

Trapped Zimbabwe miners accounted for, no injuries

All of around 60 miners trapped underground after an accident and fire at Zimbabwe's Mimosa platinum mine are accounted for and are being bring brought to the surface, the company said on Tuesday. "A number of employees who were accommodated in...
22nd May 2012
 
GOLD

Mwana to sell 15% stake in Freda Rebecca gold mine

Aim-listed Mwana Africa said on Friday it would sell a 15% stake in its Freda Rebecca gold mine, in Zimbabwe, to a longstanding board member. Kenneth Musanhi, a Zimbabwean businessperson, would pay $405 000 for the stake.
18th May 2012
 
Mining Personality

Bradley Doig

Position: Executive director since 2006 Main activity of company: Commercial and business development Date and place of birth: July 20, 1964, Bulawayo, Zimbabwe Education: BA, University of Natal; Higher Diploma in Company Law, University of the...
18th May 2012
 
EMPLOYMENT SURVEY

Survey shows strong hiring trend in SA mining

International management and professional recruitment specialist Antal reports that its quarterly survey of hiring and firing trends in some of the world’s most important employment markets, has found that the engineering and mining sector in...
18th May 2012
 
people

Goodlace a calm hand for Implats tiller

Impala Platinum's chief executive-in-waiting Terence Goodlace has plenty of experience operating in tough places, such as Democratic Republic of Congo. He will need it because running the world's second-largest platinum producer, which he takes...
16th May 2012
 
 
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Audio
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