MINING & RETAIL

Colliery bounces back to profitability

HWANGE Colliery Company Limited (HCCL) is on the rebound after posting a profit of $3,5 million in the first half of 2019, recovering from a loss of $23 million recorded in 2018.The troubled firm had ...

MINING & RETAIL

Hwange Colliery row deepens

Hwange Colliery Company Limited (HCCL) scheme of arrangement chairperson has challenged the Justice ministry's move to place the coal mining company under reconstruction.Chairperson Andrew Lawson has ...

MINING & RETAIL

Van Hoogstraten opens up on Hwange Colliery

BRITISH businessman Nicholas van Hoogstraten yesterday opened up to journalists on the demise of Hwange Colliery Company Limited, saying it was being run down by corruption and financial mismanagement...

POLITICS

Zanu-PF MPs disrupt Hwange colliery hearings

ZANU-PF legislators in the Mines and Energy Parliamentary Portfolio Committee yesterday disrupted oral evidence by British businessman and Hwange Colliery Company (HCCL) shareholder Nicholas Van Hoogs...

MINING & RETAIL

Chitando not scared of Hwange Colliery audit

MINES minister Winston Chitando yesterday told Parliament that he was not afraid of what would come out from the forensic audit on Hwange Colliery Company, saying that it must proceed to its conclusio...

MINING & RETAIL

Govt to transform Hwange Colliery

VICE President General Constantino Chiwenga (Rtd) yesterday said Government has put in place a raft of measures for Hwange Colliery Company Limited to return to its status as one of the biggest employ...

MINING & RETAIL

Hwange Colliery board nominees announced

Government, the largest share in the coal mining concern Hwange Colliery Company, has announced its nominees for the company's board of directors.The six appointments include:Allan Mashingaidze, forme...

MINING & RETAIL

Colliery adopts new business model

HWANGE Colliery Company has adopted a new integrated business management system meant to enhance competitiveness on the global market while ensuring safe working conditions for its workers.Speaking du...

MINING & RETAIL

Hwange Colliery strike ends

Hwange Colliery Company Limited (HCCL) has finally climbed down from its hardline position to end a nearly 120-day long protest by wives of employees who were owed thousands of United States dollars i...

BUSINESS NEWS

Hwange Colliery board shake up on the cards

TROUBLED Zimbabwe Stock Exchange-listed Hwange Colliery Company Limited (HCCL) will by the end of next week have a new-look board of directors, Mines minister Winston Chitando has said.The new board c...

BUSINESS NEWS

$65k bribe rocks Hwange Colliery

Hwange Colliery Company Limited (HCCL) managing director Thomas Makore's suspension was triggered by an extortion scandal involving a ZBC journalist and one of the struggling miner's senior executives...

BUSINESS NEWS

Suspended colliery boss to face disciplinary hearing

SUSPENDED Hwange Colliery Company Limited (HCCL) managing director, Engineer Thomas Makore, will face a disciplinary hearing over allegations of unethical conduct and insubordination, the board has sa...

MINING & RETAIL

Hwange Colliery saga deepens

Listed Hwange Colliery Company Limited's saga has deepened, with workers seeking to have the struggling coal miner placed under judicial management. The disgruntled employees have approached the High...

MINING & RETAIL

Hwange Colliery proposes 1 300 job cuts

HWANGE Colliery Company Limited (HCCL) shareholders toyed with the idea of cutting 1 300 jobs to save the company two years ago, a report has said.Minutes of two-day meetings of major shareholders hel...

MINING & RETAIL

Hwange Colliery boss suspended

HWANGE Colliery Company has suspended its managing director Thomas Makore to facilitate an investigation into allegations of insubordination, sources have revealed. But the company said the suspension...

MINING & RETAIL

Hwange Colliery targets 300 000t output

HWANGE Colliery Company Limited (HCCL) says it is targeting to increase its coal production by 29.3 percent to 300 000 tonnes per month by June this year as it continues to pursue its scheme of arrang...

MINING & RETAIL

Hwange Colliery scheme of arrangement on course

Hwange Colliery Company Limited (HCCL) says it has been paying monthly instalments to its employee creditors since December, 2017, and it will continue until the $70 million arrears are paid in full.T...

MINING & RETAIL

Hwange Colliery back to life

HWANGE Colliery Company Limited (HCCL) saw production rising by more than 100 percent to 232 000 tonnes in the first quarter of the year, driven mainly by the reliability of equipment and improvement ...

MINING & RETAIL

Hwange Colliery woes frustrate Zimchem

OPERATIONAL challenges at Hwange Colliery Company Limited have hit hard on Zimbabwe Chemical Refineries (Zimchem), which is struggling to procure critical raw materials to produce solvents and coal ta...

Colliery Q1 output shoots up 100%

HWANGE Colliery Company Limited (HCCL)'s production shot up by more than 100 percent in the first quarter of 2018 to 232 000 tonnes per month from a lowest average of about 100 000 in the first quarte...

MINING & RETAIL

Beitbridge Colliery hits coal at last

BEITBRIDGE Colliery has finally hit the jackpot and reached the coal belt after months of mining.Company director, Tendai Kamuriwo yesterday posted pictures of their first coal extracts on social medi...

MINING & RETAIL

British tycoon plans Hwange Colliery revival

British tycoon  Nicholas van Hoogstraten says Hwange Colliery Company Limited (Hwange) shareholders have begun discussions to turn around the coal producer's fortunes.In a brief interview on Mond...

MINING & RETAIL

Hwange Colliery protests clock 100 days

THE protest by Hwange Colliery Company workers' spouses clocked 100 days yesterday with the women vowing to continue picketing at the firm's premises until it pays their husbands' outstanding salaries...

MINING & RETAIL

'Nacala Corridor can benefit Hwange Colliery'

ZSE-listed coal miner Hwange Colliery Company Ltd (HCCL) should consider utilising the Nacala Logistics Corridor, from which it can accrue significant benefits from the wider coal beneficiation value ...

MINING & RETAIL

Chitando under fire over Hwange Colliery

LEGISLATORS yesterday took Mines minister Winstone Chitando to task over the plight of Hwange Colliery workers saying since he had failed to resolve the impasse, he should refer the matter to Presiden...