HARARE,
(CAJ News) – ZIMPLATS has spent US$0,7 million on exploration projects since the beginning of the current year.
This is a slight increase from the $0,5 million spent in the last quarter of 2020.
The funds spent on exploration in the first quarter of 2021 are out of a total of $0,9 million the platinum metals miner committed as at March 31, 2021.
A total of exploration activities undertaken included Mineral Resource evaluation work comprising approximately 7 613 metres of surface diamond drilling over existing projects on the two mining leases.
“The exploration activities improved geological and geo-technical confidence in scheduled production,” Zimplats stated in a first –quarter 2021 production update on Friday.
Gabon : Cours de change du franc CFA d Afrique centrale
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Ciotka Armiego Hammera ujawni sekrety ich rodziny w serialu
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Audited results for FY 2020
· Business resilient despite COVID-19: gross profit $1.2m vs $2.8m in 2019
· Building blocks in place for future growth
Post-period end:
· From Q4 2020 to Q1 2021 Woodbois significantly grew its sawn timber and veneer production by 83% and 44% respectively
· Launch of the Company s Reforestation and Carbon Credit division
· On track to become cashflow positive and deliver record turnover
Paul Dolan said:
Despite the highly challenging market conditions during 2020, the business performed very credibly. At a company specific level, we were able to reset the balance sheet in August 2020 by converting the vast majority of our debt into equity. We subsequently dedicated our capex to maximizing returns from high margin production assets and built-out the operational team with a number of key hires towards the end of 2020/early 2021. This has enabled Woodbois to continue to further strengthen its
Somalia Market Update: March 2021 UpDate (Issued April 29, 2021)
Format
Highlights
Inflation: Somali Shilling (SoSh)-using areas: Consumer Price Index (CPI) increased (by 2-4%) in March 2021 across all regions of Somalia compared to February 2021 due to increases in cereal prices. Similarly, compared to the five-year average for March (2016-2020), CPI increased (11-26%) across all regions of Somalia due to higher prices of sorghum (the main local cereal used in the calculation of CPI) and increases in imported food prices this year.
Somaliland Shilling (SISh)-using areas: CPI increased (3-4%) in March 2021 compared to both February 2021 and five-year average for March (2016-2020).
Exchange rate: SoSh-using areas: Exchange rates between the SoSh and the United States Dollar (USD) remained relatively stable in most regions of Somalia in March 2021 compared to February 2021. Compared to the five-year average, SoSh depreciated at moderate rates (9-14%) in southern and central region