Tharisa buys controlling stake in Zimbabwe chrome mining venture Wednesday 09 55 Tharisa said it had acquired a 90% shareholding in Salene Chrome Zimbabwe from the Leto Settlement Trust paving the way for its to access the African nation s illuvial chrome deposits
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Mines minister Walter Chidhakwa who had been negotiating with the with government policy to diversify chrome mining industry ownership
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Zimbabwe s announcement of the lifting of a ban on exports of raw and has now licensed 12 chrome smelting companies in addition to mines to According to the Zimbabwean mining chamber output of chrome fell 45 percent to 57 290 tonnes in the first three months of 2024 Capital Equipment News
ACF injects $220 million to Zimbabwe chrome mining 1 02 pm / no comments Ashruf Kaka the ACF National Project Director
Government asks chrome producers to cede mining claims 18th February 2024 Business THE government has asked two ferrochrome producers including a unit of China s Sinosteel Corp Ltd who own 80 percent of all chrome mining claims to release some ground for distribution to new investors the mines minister said on Wednesday
Zimbabwe has turned a new leaf announced new investor friendly mining policies and is Open for Business and is set on rapidly growing its economy with mining
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Zimbabwe has the world s second largest platinum reserves after South Africa as well as large deposits of lithium coal gold diamonds chrome and nickel A lot of the resources are at shallower depths compared with South Africa where the easily accessible ore has been mined out
Zimbabwe on Wednesday invited investors to focus on underground chromium operations rather than cheaper strip mining operations from which most of the country s chromium ore is currently extracted
By Golden Sibanda Government says it will allocate part of chrome rich idle concessions released by chrome mining/smelting firms to smelters whose operations are being hampered by shortage of feed stock
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Chromium Outlook 2024 All Eyes on China URL First of all the return of Zimbabwe on the chrome market did not go unnoticed Government policies aimed at attracting investors and capitalizing on their rich mineral resources have started paying off and chrome ore production boomed in Q1 2024 with a 231 percent increase from the
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GOVERNMENT this week moved to confiscate half of the mining claims held by one of the country s largest chrome miners Zimbabwe of chrome mining and 2024
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Wednesday 16 May 2024 1 cent shareholding in Salene Chrome Zimbabwe a three per cent royalty on all chrome sales Read more Mining royalty company
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Wednesday 16 May 2024 1 34pm Chrome miner Tharisa gains access to rich chrome deposits after acquiring 90 per cent shareholding in Salene Chrome Zimbabwe making it the company s first step into the country Cyprus based Tharisa will now have access to the Great Dyke mineral belt of which Salene has area covering approximately 95
Built around the chromium mining business the largest mines were operated by Lonrho London Rhodesia Company which has since given up its stake and Zimasco Zimbabwe Alloy and Steel Company which is largely dormant Starting in the 1990 s smaller independent miners have been mining the chrome largely in open cast
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