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The company was the best performer on the Zimbabwe Stock Exchange in 2014. [15] After a dip in Bindura Nickel Corporation's share price in 2015, there were reports that the Zimbabwe Stock Exchange had struggled as a result, with the mining index dropping 50% that year. BNC that year was the second worst performer on the exchange. [16]
Zimbabwe Broadcasting Corporation: Consumer services Broadcasting & entertainment Harare: 1963 State-owned media S A Zimbabwe Electricity Supply Authority: Utilities Conventional electricity Harare - Power S A Zimbabwe Iron and Steel Company: Basic materials Iron & steel Kwekwe: 1940 [11] Steel, now NewZim P A Zimbabwe flyafrica.com: Consumer ...
In 2003, Implats' parent company Gencor completed its "unbundling" after having amalgamated with Gold Fields in 1998. [11] Shareholders were given 8.8 Implats shares for every 100 Gencor shares they held. [12] In March 2011, the government of Zimbabwe implemented laws which required local ownership of mining companies.
The mining industry of Zimbabwe is highly diversified, with close to 40 different minerals. The predominant minerals mined by the industry include platinum, chrome, gold, coal, and diamonds. The country boasts the second-largest platinum deposit and high-grade chromium ores in the world, with approximately 2.8 billion tons of platinum group ...
Asa Resources Group is a mining company based in Johannesburg and London. According to the company's website, it is the first African-owned and African-managed business to be listed in the Resources sector of the London Stock Exchange's Alternative Investment Market. Asa was founded in 1987.
Globe and Phoenix Mine (G&P Mine) is a gold mine in Zimbabwe. It is just outside Kwekwe CBD. G&P Mine was pegged on the site of ancient gold workings in 1894 by prospectors Edward Thornton Pearson and Joseph Schukala. The two men were shown this ancient mining place by a Shona native whose confidence they bought with two blankets. [1] [2] [3]
The 2003 ARMGold merger with Harmony Gold Mining formed the world’s 5th largest gold producer. [10] The ARMGold merger with Anglovaal Mining (Avmin) came after. [citation needed] In 2009, ARM joined the International Council on Mining and Metals. [12] In 2009, ARM was reported to be planning $1.12 billion investments in mining in Zimbabwe.
Metallon Corporation is the 100% owner of three gold mining companies in Zimbabwe. In 2015, gold production was 97,000 ounces and the target is 100,000 ounces. Across the Group Metallon has a significant resource base with a JORC-compliant 5.2 million ounce resource (Golder 2018).