Pickstone-Peerless in record quarterly gold output

HARARE – Chegutu-based gold producer, Pickstone-Peerless Gold Mine’s fourth quarter gold output jumped 28 percent from the previous quarter to a quarterly record of 6 057 ounces.

Private capital favours investing in copper over gold for first time

By Frik Els Gold projects are no longer the favourite destination of private capital raised for investment in the mining sector as optimism about electric vehicle demand steer funds into…

Oil prices fall more than 1 percent amid global market rout

SINGAPORE – Oil prices dropped by more than 1 percent on Tuesday, extending falls from the previous session as global financial markets tumbled lower in the wake of one of the…

South Africa’s rand slips as Zuma deadlock weighs

JOHANNESBURG – South Africa’s rand was weaker early on Tuesday, hurt by a broad recovery in the dollar and locally by the political stalemate as the ruling African National Congress (ANC)…

PPC Zimbabwe increases sales volumes

HARARE – Cement manufacturer, Pretoria Portland Cement (PPC) on Monday said sales from its Zimbabwe operations  for the nine months to December 31 last year increased by between 30 to 40 percent. PPC is a…

Zim to commence rare earth minerals exploitation

Tawanda Musarurwa HARARE – Battery minerals company, Prospect Resources says it is set to begin exploration of rare earth minerals in Dorowa.

NRZ recapitalisation project on course

Enacy Mapakame HARARE – Negotiations for the National Railways of Zimbabwe (NRZ) recapitalisation are now at an advanced stage and should be concluded soon, a senior official has said.

CICM partners Africa University

BH24 Reporter HARARE – Regional-focused Chartered Institute of Customer Management (CICM) has signed a Memorandum of Understanding with Africa University, which will see the former becoming an associate institution of…

Small scale producers in record gold production in 2017

HARARE – Small scale gold miners produced a record 13 176 kgs in 2017, beating their large scale  counterparts for the first time in seven years, latest figures show.

History explains why South Africans on the left argue for free passes for the rich

By Steven Friedman In a society like South Africa in which one racial group has dominated another, poor people are ignored in economic debates by those who claim to speak for…

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