MINING & RETAIL

Chrome smelters sued over US$7 million ore

Chrome mining and smelting company, Afrochine Smelting, has been taken to the High Court by NR Barber (Private) Ltd, for allegedly unlawfully removing its chrome ore worth US$7 million.Afrochine Smelt...

By Staff reporter | Published: 03 July 2019

MINING & RETAIL

New dawn in chrome sector

Zimbabwe is targeting exponential growth in the production of ferrochrome and will leverage this on the International Chrome Development Association (ICDA) conference starting today until Thursday thi...

By Staff reporter | Published: 05 May 2019

MINING & RETAIL

Chrome producers engage MMCZ over pricing

SMALL-SCALE chrome miners have engaged the Mineral Marketing Corporation of Zimbabwe (MMCZ) to adopt a market-based pricing system to cut out losses and nurse the sector back to viability.Small-scale ...

By Staff reporter | Published: 21 September 2018

MINING & RETAIL

Govt gets tough on reckless chrome miners

THE Ministry of Mines and Mining Development has put chrome miners under close watch following concerns over mushrooming of highway operations that threaten roads and pose risks to humans and animals....

By Staff reporter | Published: 06 September 2018

MINING & RETAIL

Mnangagwa launches hightech ferrochrome plant

PRESIDENT Emmerson Mnangagwa yesterday launched one of the country's most advanced technological chrome processing plants as the new administration continues to launch multi-million dollar projects to...

By Staff reporter | Published: 26 July 2018

BUSINESS NEWS

MMCZ pushes locational chrome pricing

The Minerals Marketing Corporation of Zimbabwe (MMCZ), is pushing for location based pricing mechanism for chrome that will see the mineral going for different prices to encourage buyers' appetite in ...

By Staff reporter | Published: 18 July 2018

MINING & RETAIL

Chrome production tumbles

Zimbabwe's chrome production has come under heavy scrutiny with several constraints being cited as reasons for low productivity levels.It emerged during a consultative meeting on chrome in Harare toda...

By Staff reporter | Published: 17 July 2018

MINING & RETAIL

MMCZ to set up chrome price control team

THE Minerals Marketing Corporation of Zimbabwe (MMCZ) says it will soon establish a price-regulating team to control chrome prices for the international and domestic markets.Speaking at a chrome small...

By Staff reporter | Published: 17 July 2018

MINING & RETAIL

Chrome, nickel rebound

NICKEL and chrome rebounded in the first three months of the year, buoyed by recovering international prices, the Reserve Bank of Zimbabwe (RBZ) has said.Latest central bank data indicates that nickel...

By Staff reporter | Published: 05 July 2018

MINING & RETAIL

Good times for chrome miners

Small-scale miners who account for a larger part of Zimbabwe's ferrochrome producers should more than double their production if they are to fully utilise the $1 billion stainless steel plant set to b...

By Staff reporter | Published: 04 July 2018

MINING & RETAIL

Chrome output up in first quarter

ZIMBABWE'S chrome ore production increased six fold to 139 562,34 tonnes in the first four months of the year compared to 18 701,70 tonnes produced during the same period last year, official figures s...

By Staff reporter | Published: 25 May 2018

MINING & RETAIL

Chrome sector bullish

THE Zimbabwe chrome sector performed above expectations during the first quarter of 2018, with concentrates raking in $54,2 million as at April 30 compared to $33,2 million in export revenue earned du...

By Staff reporter | Published: 24 May 2018

MINING & RETAIL

Chrome ore spurs minerals sales

MINERAL sales by volume increased by 29% to 592 179 metric tonnes (mt) in the first four months of the year, with most minerals registering a growth, statistics from the Minerals Marketing Corporation...

By Staff reporter | Published: 23 May 2018

MINING & RETAIL

Tharisa acquires a 90% of Salene Chrome Zim

Tharisa has acquired a 90% shareholding in Salene Chrome Zimbabwe (Pvt) Limited ('Salene') at the par value thereof from the Leto Settlement Trust ('Leto'), a related party being the beneficial shareh...

By SENS | Published: 16 May 2018

MINING & RETAIL

Zim, Sinosteel seal $1bn ferrochrome deal

Zimbabwe and Sinosteel of China have signed a memorandum of understanding (MOU) to the tune of $1.01 billion for the mining of ferrochrome and coal bed methane in Matabeleland North Province.Projects ...

By Staff reporter | Published: 14 May 2018

MINING & RETAIL

Chrome volumes up 92%

CHROME ore volumes rose by 92 percent to 122 010 metric tonnes (mt) last year, from  63 394 mt in 2016, statistics from the Minerals Marketing Corporation of Zimbabwe (MMCZ) show.MMCZ did not say...

By Staff reporter | Published: 15 March 2018

MINING & RETAIL

Ferrochrome, coal output growth projected

The Chamber of Mines is projecting robust growth in ferrochrome and coal output this year underlined by an improved operating environment as well as sound investments in these sectors.Being home to th...

By Staff reporter | Published: 21 February 2018

MINING & RETAIL

ZimAlloys, Chinese firms in alluvial chrome pact

GWERU-based ferrochrome producer, Zimbabwe Alloys (ZimAlloys), has started exploiting alluvial concentrates, at its claims along the Great Dyke as it seeks to widen its revenue base. Alluvial chrome c...

By Staff reporter | Published: 16 February 2018

MINING & RETAIL

Wagon shortage hampers chrome exports

The Zimbabwe Mining and Smelting Company (ZIMASCO) is failing to export optimum volumes of carbon ferrochrome through Mozambique due to a shortage of rail wagons from the NRZ. Clara Sadomba, the commu...

By Staff reporter | Published: 25 January 2018

MINING & RETAIL

Miners blame woes on ousted Machaya

CHROME miners yesterday told Parliament that former Midlands Provincial Affairs minister Jason Machaya interfered a lot in the issuance of chrome claims and promoted corruption and turf wars over owne...

By Staff reporter | Published: 05 December 2017

MINING & RETAIL

Mnangagwa's 'controversial' chrome deal?

President Emmerson Mnangagwa has been in office for less than a week, and online publications are already reporting on a "controversial" chrome deal he apparently helped facilitate with South African ...

By Staff reporter | Published: 28 November 2017

MINING & RETAIL

Chinese to explore chrome smelting opportunities

CHINA'S fifth largest ferrochrome producer, Yuanda Juhua, is exploring opportunities to build smelters in Zimbabwe to secure raw materials for its business.Three senior officials from the Yuanda Juhua...

By Staff reporter | Published: 20 October 2017

Zimbabwe chrome popular in China

Zimbabwe exported over 136 000 tonnes of ferrochrome to China during the first five months of 2017, according to trade statistics just released.According to data published by ferroalloynet.com, about ...

By Staff reporter | Published: 02 October 2017

MINING & RETAIL

Chrome miners write to Mugabe

ZIMBABWE could lose at least $340 million in potential revenue from ferrochrome exports this year due to a controversial domestic pricing regime, a paper prepared for President Robert Mugabe's office ...

By Staff reporter | Published: 28 September 2017

MINING & RETAIL

MonaChrome revival anchored on new investor

Chrome smelting company, MonaChrome Private Limited's full scale revival, is now anchored on the payment of $4 million to its creditors by the new investor, NK Trading, after shareholders and creditor...

By Staff reporter | Published: 28 September 2017
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