State Guarantees Market for Small-Scale Chrome Miners

Early this week, Zimasco lifted a trading ban on chrome ore producers on its claims paving way for the miners to sell the mineral to a buyer of their choice.

Monday, January 4, 2016

Zimasco Signs $12m Lease Agreement

At full throttle, Portnex International is expected to process 240 000 tonnes of raw chrome per annum which translates to 100 000 tonnes of ferrochrome over the same period. THE country’s biggest ferrochrome smelter and miner, Zimbabwe Mining and Smelting Com...

Friday, December 18, 2015

Yildirim Will Cut 250kt Chrome Ore from January

Yildirim Group will suspend 250,000 tonnes of chrome ore production in Turkey from January 2016, because of low prices, the industrial group announced on Thursday December 17. Unprofitable mines in Kayseri, Hatay, Elazig, Konya and Fethiye will close due to...

Friday, December 18, 2015

Yildirim Group Invokes Force Majeure Due to Fire at Tikhvin Plant

A fire occurred at Tikhvin Ferro Alloy Plant in Russia owned by a Turkey's major firm, Yildirim Group on November 26. The cause is still unclear, but this group anticipated the operation to be suspended for 6 months and announced it invoked force majeure.

Tuesday, December 8, 2015

Zimbabwe's Forlorn Minerals Export Dream

IT is said dreaming is a human right that was granted to every human being by God at the beginning of time. And fertile dreaming has kept many trudging through the journey of life. For without assuring himself/herself of a better tomorrow, many a man would ...

Monday, November 30, 2015

20% Chrome Export Levy Scrapped

THE government has scrapped the 20 percent export tax on chrome, which has been a major hurdle in trading the mineral.

Monday, November 30, 2015

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.

Monday, November 30, 2015

Govt Pressures Chrome Giants over Deposits

Government has denied the country’s two largest ferrochrome producers — Zimbabwe Alloys (ZimAlloys) and Zimbabwe Mining and Smelting Company (Zimasco) — permission to export raw chrome as part of its measures to force the two players to cede part of their c...

Friday, November 6, 2015
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