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BY FIDELITY MHLANGA ZIMBABWE’S gold deliveries declined to 3,97 tonnes during the first three months of 2021 from 5,72 tonnes during the comparable period last year after heavy rains swamped shafts and kept artisanal miners from work for prolonged periods. Following years of protracted droughts, Zimbabwe has just had a good rainfall which has resulted in a bumper crop harvest. Artisanal miners, estimated at about 1,5 million in Zimbabwe, have been producing over half of the country’s annual gold output after a two-decade economic crisis triggered the closure of most big operators. Big miners have been slowly reclaiming their position over the past two years, but slight disturbances to the operations of artisanal miners still result in falling national output. Formal miners have faced several operational challenges including late payment for gold delivered to Fidelity Printers and Refiners (FPR). Foreign currency retention thresholds imposed by the central bank have also affected mining operations. Figures from FPR showed that large-scale miners, also referred to as primary producers, delivered 2,99 tonnes with small-scale miners coming in with 1,58 tonnes during the period. FPR’s report came as Caledonia Mining Corporation announced on Monday that output at its flagship Blanket Mine was slightly subdued at 13 197 ounces during the period due to heavy rainfall and lost shifts. Caledomia said it was on track to achieve a production guidance of between 61 000 and 67 000 ounces for the full year, before scaling up output to 80 000 ounces by 2022. “Production in the first quarter of 2021 was slightly below our target and below the comparable quarter in 2020 albeit at a level which allows us to maintain our 2021 production guidance of 61 000 to 67 000 ounces for the full year,” Caledonia chief executive officer Steve Curtis said. Economist Tafadzwa Chisango agreed with Caledonia, saying heavy rains had hampered operations. “Given that most of the gold is produced by small-scale miners it was inevitable that there was going to be a decline in this year’s first quarter output, largely necessitated by heavy rains the country received in the quarter in question,” Chisango said. “This, to a greater extent affected mining activities for artisanal and other small-scale gold mining operations as most do not have high end drainage machines to drain water from shafts. “But addressing issues such as payments and continued extension of gold support schemes like the one that was unveiled by the central bank recently remain key in bolstering output in the remaining quarters,” Chisango said. He projected that gold output would increase in the remaining quarters. Another analyst, Victor Bhoroma said: “Delays in payments are yet to be solved. “This leads to high levels of smuggling to markets such as South Africa and the United Arab Emirates. “Gold worth at least US$100 million per month is leaving the country through illegal channels. “I foresee gold production falling below 15 tonnes in 2021 if the exchange rate and payment delay issu
Many people have been killed since clashes began on Monday. Scores too had been killed in the run up to the vote as protestors marched against Conde's bid for a third term.
An unreleased Biggie freestyle has surfaced 23 years after the rapper's death — and in a Pepsi commercial, no less. Tune in here.
VIGO, Spain - A couple who left their careers behind in Argentina to move to Spain didn't know how bad things were until they found a new life. The story of Veronica Kleiman and her family has been going viral in Argentina. She gave up a job in the health ministry and ditched her legal […]
Massmart said it had lost at least R5.7 billion of sales because of Covid-19 restrictions by 27 September.
… economic and educational opportunities for Black Americans and overhauling the nation’s …
The Gauteng health department has given the CEO of Bheki Mlangeni Hospital in Soweto a \"precautionary transfer\" amid misconduct allegations.
I was very pleased when I saw young Windies Under – 19 fast bowler Jayden Seales’ name in the West Indies touring party for their test assignment against New Zealand in the coming weeks.
The article Seales’ inclusion justified but what about Nedd and Sinclair? appeared first on Stabroek News.
The academy will also receive a special name change.
By CALVIN WOODWARD and HOPE YEN Associated Press WASHINGTON (AP) — A more measured President Donald Trump does not necessarily mean a more truthful one. In the final debate of the presidential campaign, he was loose with facts on the crisis of the time — the pandemic — and much else. Trump did, though, exploit confusion sowed by Joe Biden during the primaries, when the Democrat occasionally made his position on energy sound more to the left than it actually is. Trump accurately called out Biden when Biden denied he had ever vowed to ban fracking. That was never Biden's […]
The post AP FACT CHECK: Trump and Biden in their last clash on stage appeared first on Black News Channel.
For the most part, treatment is supportive with hydration, rest, controlling fevers in isolation.
Source
A North Carolina man who was indicted on child abuse imagery charges, planned to assassinate presidential nominee Joe Biden was arrested by the FBI.
Mason Wright, a 14-year-old entrepreneur who reportedly is Georgia’s youngest restaurant owner, says he’s settling in at his new business, the hot dog joint he […]
The government’s roll back of COVID-19 restrictions will continue next month with the reopening of schools and the restart of sporting events, according to the new COVID-19 Emergency Measures, which are due to take effect from tomorrow.
The article Gov’t greenlights reopening of schools, sporting events appeared first on Stabroek News.
Michigan State University will be welcoming students back on campus in January with more in-person classes and available dorms, but spring break is a thing of the past - at least for now. For many students, this will be their first time returning to campus since March. In-person classes were cut short last spring … Continued
The post Michigan State University To Increase In-person Classes; Cancels Spring Break appeared first on The Michigan Chronicle.
Last night’s final presidential debate was filled with some facts, a little policy, and plenty of lies and tall tales. A more subdued Trump was on the defense most of the evening, hurling personal attacks and lies that sent fact-checkers into a tailspin. Very rarely was he clear on his policy or vision for America … Continued
The post “Nobody has done more for the Black community than Donald Trump … with the exception of Abraham Lincoln” and other tall tales from the last Presidential Debate. appeared first on Chicago Defender.
… The daughter of an African American mother and Puerto Rican … the point of an African American president.
“The black … , says Trump is helping African Americans. Photograph: Johnathon Kelso… system that disproportionately jails African American men; and cutting …
Transnet Pipelines has been given 14 days to submit a report to the provincial government on how thousands of litres of crude oil ended up in the Umbilo River.
Extreme global poverty is projected to rise this year to unprecedented levels and Jamaica will be among the hardest hit countries, as the ongoing fallout caused by the coronavirus pandemic, combines with the impact of conflict and climate change...
GENEVA/ZURICH, (Reuters) - Health officials reviewing Gilead Science Inc’s remdesivir against COVID-19 should consider all evidence, including a trial in which the medicine failed, before giving it the green light, the top WHO scientist said yesterday.
The article WHO: Nations mulling Gilead’s COVID drug should consider trial flop, too appeared first on Stabroek News.
… vote was so close.
But African-Americans may be more motivated this … racism and police violence against African-Americans.
At the crossroads where Floyd … of police officer Derek Chauvin, African-American Pastor Rozenia Fuller explains what …
Todd & Chris OwyoungIn the flood of new holiday songs that always come out around this time, a new track from Hootie & the Blowfish stands out. It pays tribute…
(Reuters) - Australian batsman Steve Smith has ruled out participating in the country’s domestic Twenty20 Big Bash League this season, saying that continuing to play in bio-secure bubbles amid the COVID-19 pandemic will take a toll on his mental health.
The article ‘No chance’ of playing Big Bash League, says bubble-weary Steve Smith appeared first on Stabroek News.
By ERIC TUCKER Associated Press WASHINGTON (AP) — U.S. officials said that Russian hackers have targeted the networks of dozens of state and local governments in the United States in recent days, stealing data from at least two servers. The warning, less than two weeks before the election, amplified fears of the potential for tampering with the vote and undermining confidence in the results. The advisory from the FBI and the Department of Homeland Security's cybersecurity agency describes an onslaught of recent activity by a Russian state-sponsored hacking group against a broad range of networks, some of which were successfully […]
The post US: Russian hackers targeting state, local networks appeared first on Black News Channel.
A Philadelphia businesswoman says it took looters about a minute to snatch up everything inside her boutique Tuesday during the... View Article
The post Philadelphia boutique owner speaks out after store looted during protests appeared first on TheGrio.
In a year that provided provocative civil unrest plus unexpected twists and turns, 2020 A.D. is proving to be the most consequential year in America’s recent history. This year’s general election is no different. Currently, President Donald J. Trump has an 8.9 percentage point deficit based on the averaging of each top poll, according to RealClearPolitics. The president continues to […]
