Glossary of Mining Terms

A reference table for basic element data, with related information on average crustal abundances, isotopes, water quality standards, common minerals and more.  
                                           

Monday, June 2, 2008

RioZim develop into coal mining and nickel refining

ZIMBABWE'S foremost mining business, RioZim has spread its portfolio and concentration into coal mining and a nickel refinery to get benefit of the flow in prices and demand for nickel and copper.

RioZim was think about permitting ENR to acknowledge "alternative" nickel feeds, a development that might "guide to a modest growth of the "plant's capacity". Zimbabwe's "power supply troubles impacted leading Empress Refinery," Kahari notes in the address. The mining firm, Kahari said, will also be creating ahead with coal exploration work at the company's Sengwa coal deposits.

Chairman Kahari's statement at the AGM comes at a time when mining firms inside Zimbabwe are stressed to preserve operations. Kahari highlighted the principle troubles that his firm - in concert with other mining corporates are facing: "principal along with the troubles was the (none) accessibility of foreign currency."We were unable to get our own foreign currency," he underscored. He agreed that the previous year was a difficult one and "unfortunately" added that "most of the troubles have sustained into 2008".

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