Chrome exports jump up 500 percent

Tuesday, 05 September 2017 by

Chrome ore exports have gone up by over 500 percent to 334,000t in the first seven months of this year, from 55,000t over the same period in 2016. This increase has been powered by Chinese demand. In value terms, these exports accounted for $53 million as at 31 July 2017, up from $4.2 million during the same period last year.

Zimbabwe holds the world’s second-largest chrome ore reserves after South Africa. As at end of June 2017, the country has exported 232,367.89 metric tonnes of chrome ore valued at $41.781 million. MMCZ believes that the projected target for chrome export can be achieved if measures are put in place to ensure that small-scale chrome ore

Arcadia Lithium Project

Thursday, 13 July 2017 by

ARCADIA LITHIUM PROJECT DELIVERS ROBUST PRE-FEASIBILITY STUDY & ON TRACK FOR DEVELOPMENT Prospect Resources Ltd (ASX:PSC) announced on 3 July 2017 that its Pre- Feasibility Study (“PFS”) over the Arcadia Lithium Project in Zimbabwe has been completed. According to the announcement, the results of the PFS confirm and validate the Company’s objective of developing Arcadia