Commodity Prices: GOLD 1305.79 $/ozChange: -6.84   PLATINUM 1486.50 $/ozChange: -2.00      

Blanket Mine gold production up

CALEDONIA Mining Corp said gold production at its Zimbabwean unit, Blanket Mine, rose in the quarter to June but the group has revised downwards the projected output for 2014.

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ZMDC mulls oxide ore mining

HARARE – The Zimbabwe Mining Development Corporation (ZMDC) is considering undertaking feasibility studies to ascertain the viability of open cast oxide ore mining at its Zvishavane-based Sabi Gold Mine at an undisclosed cost.

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BNC to save $9m a year

Bindura Nickel Corporation will save about $9 million annually in transport and logistical costs when the company re-opens its smelting plant next year, a company official said.

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