ZIMBABWE’S mining sector is under siege as key minerals — diamonds, chrome and coal—are performing below par despite government’s previous efforts to institute reforms to ramp up production.

Base mineral and metals mining company Assore, which released financial results for the 12 months to June 30 on Wednesday, reported 11.7% lower headline earnings to R1.7-billion for the financial year.

Diversified mining company Assore has survived the storm of last year’s iron-ore price crash, recording a 16% increase in earnings to R1.49 billion for the year ended June 30 2016. Compared to its 2015 financial results, when the company incurred impairments ...

ASSORE, a diversified and tightly held mining company, increased its dividend payment after posting record annual performances in a range of minerals it produces.

JSE-listed Chrometco has entered into conditional agreements with commodity trading company Sail Minerals that will result in Sail acquiring just less than 90% of Chrometco.

Chrome ore is becoming increasingly strategic for platinum mining company Northam Platinum.

Junior platinum mining and exploration company Jubilee Platinum’s decision to bring two chrome and platinum group metal (PGE) projects online, is seemingly paying off, with the first of those projects already exceeding expectations.

With a funding announcement for a permanent Ring of Fire road expected shortly, Toronto-based Noront Resources is enlarging its land package in the James Bay camp and is devising a multiple mine development plan.