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Unstable exchange rate pushes up mining equipment prices in Zimbabwe. Miners have blamed the ever-increasing cost of mining equipment on inflation and an unpredictable exchange rate. Zimbabwe
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Kanu Equipment Zimbabwe is a 49% subsidiary of the Kanu Equipment Group of Companies and is independently controlled, managed and operated. Kanu Equipment Zimbabwe Limited offers world-class equipment to the earthmoving, construction, quarrying and mining industries. Supported by established relationships with OEMs (Original Parts Manufacturers
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The company considers buying operating mining assets in Zimbabwe. It also looks at opportunities to enter into joint ventures and explore potentials for setting up a milling plant in the country. The miner is also looking at new opportunities in Finland and Uzbekistan. B2Gold seeks to build a new mine in Colombia in partnership with AngloGold Ashanti Ltd., the press release said.
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Buy Zimbabwe To Promote Local Production Of Mining Equipment. May 23, 2021 THE Buy Zimbabwe Campaign is working on promoting local production of mining equipment to a minimum of 50 percent in the country and has called on players in the mining sector to join the campaign by playing their part in the economic revival and job creation drive.
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The main coal miner, Hwange Colliery Limited, had a mandate to supply a big portion of its mining output to Zimbabwe Power Company (ZPC) at a price set by the government. Against an average international price of thermal coal of above US$100/tonne, ZPC paid them a local currency equivalent, which was less than US$1/tonne (at the parallel market rate). All other mining houses that had to export
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SMESME is a trust-worthy supplier of industrial crushing, powder grinding, mineral processing equipment and other related devices.
No. 1688, East Gaoke Road, Pudong new district, Shanghai, China
