Commodity Prices:   

Chinese firms seal $28m chrome deal

Zimbabwe has sealed two deals with Chinese companies running into several millions of dollars for the off-take tantalite and chrome following the lifting of a four-year-old export ban on chrome ore.


Metallon cuts output by 30%

GOLD producer Metallon Corporation has cut its annual output by 30% due to power outages and challenges at its units.
The group has an annual target of 150 000 ounces.n an update for the third quarter of 2015, Metallon said production for the quarter was 23 000 ounces down from 25 882 ounces in the comparable period last year.


Bikita Minerals to commission processing plant

Zimbabwe’s biggest lithium miner, Bikita Minerals will commission its tantalite processing plant next month while exploration activities to expand the earth mineral base remains on course,


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