Zimbabwe
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...By: Reuters
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...By: Reuters
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.By: Oscar Nkala
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...By: Reuters
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
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
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...By: Reuters
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...
By: Martin Creamer
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...By: Megan Wait
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...By: Reuters
16th May 2012
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