Search results
Results from the WOW.Com Content Network
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 ...
Wiluna Mines installed a Biox processing plant, which is a pretreatment process for refractory gold ores or concentrates, using naturally occurring bacteria to break down the sulphide ore and liberate the gold for subsequent cyanidation. The advantage of the Biox process is its environmental friendliness, whereas disadvantages include the ...
The Gold production in Zimbabwe had been nose-diving over the years from 10.960 tonnes in 2006 to 3.072 tonnes in 2008 which were more than 40 percent in production drop. On 30 June 2008, Fidelity Printers and Refinery was expelled from the LBMA because it failed to produce a minimum of 10 tonnes per year to maintain its membership. [ 7 ]
Chegutu District is primarily a mining district. Large gold deposits are found in the district and the two largest gold mines there are the Butterfly Mine (originally a pre-colonial mining site) and the Giant Mine, both owned by owned by Africa Consolidated Resources (ACR). [2] Other mines include platinum mines such as the Hartley Mine opened ...
The city is at the centre of a mining area, which provides gold, copper, and nickel. The most significant mine of the region is the Cam and Motor Mine, which is located in Eiffel Flats, about 10 kilometres (6.2 mi), by road, northeast of Kadoma. [2] Cam and Motor is the largest gold producer in Zimbabwe's history, and is owned by Rio Tinto ...
The mine, which was one of the leading and oldest gold producers in Zimbabwe, was established in 1891 and started operations in 1907. It is situated on the southern end of the greenstone belt near Harare and originally comprised three individual mines named Arcturus, Slate and Planet, with separate shafts which were later linked together ...
However city engineers have assured residents that city buildings are safe. They say illegal gold panners can only go as deep as levels 1 and 2. Levels 3 to 46 are covered by underground water and illegal gold panners have no capacity to access such levels. The tunnels are also too narrow to cause significant disturbances outside those depths. [7]
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]