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Hwange Colliery
Hwange Colliery Company Limited is the name of a company in Zimbabwe and of its associated coal mining , processing and marketing. It was founded in 1899. Mining operations are located near Hwange (called until 1982 Wankie) in the province of Matabeleland North. The company's headquarters are in Hwange and registered office the capital Harare and a regional office in Bulawayo.Its stock is listed on the Zimbabwe Stock Exchange and is a component of its stock index, the Zimbabwe Mining Index. It is also listed on the London Stock Exchange and Johannesburg Stock Exchange. Coal transportation is by road and rail. The Colliery owns its own railway system. Handover station to NRZ is Thomson Junction Hwange Colliery Company Limited operate an open cast mine and underground mine. The town Hwange is a town that grew form the mining of coal in the area GPS Coordinates 18°23′0.155″S 26°28′12.03″E. In 1972 a mining disaster A mining accident is an accident that occurs du ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hwange
Hwange (formerly Wankie) is a town in Zimbabwe, located in Hwange District, in Matabeleland North Province, in northwestern Zimbabwe, close to the international borders with Botswana and Zambia. It lies approximately , by road, southeast of Victoria Falls, the nearest large city. The town lies on the railway line from Bulawayo, Zimbabwe's second-largest city, to Victoria Falls. Hwange sits at an elevation of , above sea level. Overview The town houses the offices of Hwange Town Council, as well as the headquarters of Hwange District Administration. Hwange and the surrounding countryside is a centre for the industry in Zimbabwe. Hwange Colliery is the largest in the country, with proven reserves that are estimated to last over 1,000 years, at current production levels. The Wankie Coal Field, one of the largest in the world, was discovered here in 1895 by the American Scout Frederick Russell Burnham. Today the coal for the whole country is transported by the mining railway to Th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Stock Index
In finance, a stock index, or stock market index, is an index that measures a stock market, or a subset of the stock market, that helps investors compare current stock price levels with past prices to calculate market performance. Two of the primary criteria of an index are that it is ''investable'' and ''transparent'': The methods of its construction are specified. Investors can invest in a stock market index by buying an index fund, which are structured as either a mutual fund or an exchange-traded fund, and "track" an index. The difference between an index fund's performance and the index, if any, is called ''tracking error''. For a list of major stock market indices, see List of stock market indices. Types of indices by weighting method Stock market indices could be segmented by their index weight methodology, or the rules on how stocks are allocated in the index, independent of its stock coverage. For example, the S&P 500 and the S&P 500 Equal Weight both covers the same gro ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Wankie Coal Mine Disaster
The Wankie coal mine disaster took place on 6 June 1972 when a series of underground explosions occurred at the Wankie No. 2 colliery in Rhodesia (now known as Zimbabwe), which was owned by the Anglo-American Corporation. With 427 fatalities, it remains the deadliest mine accident to date in the country's history. The disaster took place at the Wankie No.2 colliery in Wankie, (now known as Hwange) in the Rhodesian province of Matabeleland North, when several gas explosions ripped through the mine. It was initially believed that 468 miners were trapped, but the number was lowered after the owners found a number of people had not shown up for work. Eight men were pulled alive from the mine after the initial explosions. Two new explosions on 7 June poured clouds of poisonous gas into the 3 miles (4.8 kilometers) of tunnels, making further rescue attempts impossible. On 9 June, the general manager of the Wankie colliery, Gordon Livingstone-Blevins, decided to leave the 424 bodies wh ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Thomson Junction
Thomson Junction is a railway marshalling yard about four miles northwest of Hwange (formerly called Wankie), in the Zimbabwe coal fields area. Thomson Junction is named after A. R. Thomson Esq., General Manager of Wankie Colliery for many years. Trains coming from the south and destined for Victoria Falls and further north into Zambia Zambia (), officially the Republic of Zambia, is a landlocked country at the crossroads of Central Africa, Central, Southern Africa, Southern and East Africa, although it is typically referred to as being in Southern Africa at its most cent ..., and trains coming from the north going south to Bulawayo and onwards, are marshalled for their onward journeys at Thomson Junction marshalling yard. External links Hwange Colliery Rail infrastructure in Zimbabwe Rail transport in Rhodesia {{Africa-rail-transport-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
National Railways Of Zimbabwe
The National Railways of Zimbabwe (NRZ), formerly Rhodesia Railways, is a state-owned company in Zimbabwe that operates the country's national railway system. It is headquartered in the city of Bulawayo. In addition to the headquarters, it has a commercial-administrative center in Harare and a supply center in Gweru. The Zimbabwean railway system was largely constructed during the 20th century. History NRZ's history begins with the creation of the Bechuanaland Railway Company on May 24, 1893. It was renamed Rhodesia Railways Ltd (RR) on July 1, 1899.Günter Krause. ''Eisenbahnmuseum Livingstone (Sambia) und die Zambesi Saw Mills Railways''. 2 Ed. 2018. At the same time, on April 13, 1897, the Mashonaland Railway Company (MRC) was founded. On March 1, 1905 the small Ayrshire Gold Mine & Lomangundi Railway Company — which had been founded in 1900 — merged with MRC. A similar event would occur with the Beira & Mashonaland Railway (also founded in 1900), which merged on ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Johannesburg Stock Exchange
JSE Limited (previously the JSE Securities Exchange and the Johannesburg Stock Exchange) is the largest stock exchange in Africa. It is located in Sandton, Johannesburg, South Africa, after it moved from downtown Johannesburg in 2000. In 2003 the JSE had an estimated 473 listed companies and a market capitalisation of US$182.6 billion (€158 billion), as well as an average monthly traded value of US$6.399 billion (€5.5 billion). As of March 2022, the market capitalisation of the JSE was at US$1.36 trillion. History The discovery of gold on the Witwatersrand in 1886 led to many mining and financial companies opening and a need soon arose for a stock exchange. The first share transactions on the Rand took place in a rustic canvas tent, with trade taking place on Sundays, as this was the only day when mining was not allowed, owing to a strictly enforced regulation prohibiting the entry of African workers to the gold reefs. The ''Johannesburg Exchange & Chambers Company'' was ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
London Stock Exchange
London Stock Exchange (LSE) is a stock exchange in the City of London, England, United Kingdom. , the total market value of all companies trading on LSE was £3.9 trillion. Its current premises are situated in Paternoster Square close to St Paul's Cathedral in the City of London. Since 2007, it has been part of the London Stock Exchange Group (LSEG, that it also lists ()). The LSE was the most-valued stock exchange in Europe from 2003 when records began till Autumn 2022, when the Paris exchange was briefly larger, until the LSE retook its position as Europe’s largest stock exchange 10 days later. History Coffee House The Royal Exchange had been founded by English financier Thomas Gresham and Sir Richard Clough on the model of the Antwerp Bourse. It was opened by Elizabeth I of England in 1571. During the 17th century, stockbrokers were not allowed in the Royal Exchange due to their rude manners. They had to operate from other establishments in the vicinity, notably Jona ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Zimbabwe Mining Index
The Zimbabwe Industrial Index is a stock index derived from the values of industrial stocks on the Zimbabwe Stock Exchange. The Zimbabwe Mining Index is a separate stock index, composed of mining companies. Index listing :''March 2007'' Zimbabwe Mining Index As of March 2007 the Zimbabwe Mining Index had 5 company listings. Index Listings External linksDawn Properties Limited Annual report 2010 [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Zimbabwe Stock Exchange
The Zimbabwe Stock Exchange, or ZSE, is the official stock exchange of Zimbabwe. Its history dates back to 1896 but has only been open to foreign investment since 1993. The exchange has about a dozen members, and currently lists 63 equities. There are two primary indices, the ZSE All Share and the ZSE Top 10. History The first stock exchange in Zimbabwe opened shortly after the arrival of the Pioneer Column in Bulawayo in 1896. However, it only operated for about six years. Other stock exchanges were established in Gwelo (Gweru) and Umtali (Mutare). The Mutare Exchange, also opened in 1896, thrived on the success of local mining, but with the realization that deposits in the area were not extensive, activity declined and it closed in 1924. After World War II, a new exchange was founded in Bulawayo by Alfred Mulock Bentley and dealing started in January 1946. A second floor was opened in Salisbury (Harare) in December 1951 and trading between the two centers took place by tele ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mining
Mining is the extraction of valuable minerals or other geological materials from the Earth, usually from an ore body, lode, vein, seam, reef, or placer deposit. The exploitation of these deposits for raw material is based on the economic viability of investing in the equipment, labor, and energy required to extract, refine and transport the materials found at the mine to manufacturers who can use the material. Ores recovered by mining include metals, coal, oil shale, gemstones, limestone, chalk, dimension stone, rock salt, potash, gravel, and clay. Mining is required to obtain most materials that cannot be grown through agricultural processes, or feasibly created artificially in a laboratory or factory. Mining in a wider sense includes extraction of any non-renewable resource such as petroleum, natural gas, or even water. Modern mining processes involve prospecting for ore bodies, analysis of the profit potential of a proposed mine, extraction of the desired materials, an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Stock
In finance, stock (also capital stock) consists of all the shares by which ownership of a corporation or company is divided.Longman Business English Dictionary: "stock - ''especially AmE'' one of the shares into which ownership of a company is divided, or these shares considered together" "When a company issues shares or stocks ''especially AmE'', it makes them available for people to buy for the first time." (Especially in American English, the word "stocks" is also used to refer to shares.) A single share of the stock means fractional ownership of the corporation in proportion to the total number of shares. This typically entitles the shareholder (stockholder) to that fraction of the company's earnings, proceeds from liquidation of assets (after discharge of all senior claims such as secured and unsecured debt), or voting power, often dividing these up in proportion to the amount of money each stockholder has invested. Not all stock is necessarily equal, as certain classe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Matabeleland North
Matabeleland North is a Provinces of Zimbabwe, province in western Zimbabwe. With a population of 749,017 as of the Zimbabwean census, 2012, 2012 census, it is the country's second-least populous province, after Matabeleland South Province, Matabeleland South, and is the country's least densely populated province. Matabeleland North was established in 1974, when the original Matabeleland, Matabeleland Province was divided into two provinces, the other being Matabeleland South. In 1997, the province lost territory when the city of Bulawayo became its own province. Matabeleland North is divided into seven districts. Its capital is Lupane District, Lupane, and Victoria Falls, Zimbabwe, Victoria Falls and Hwange are its largest towns. The name "Matabeleland" is derived from the Matabele or Northern Ndebele people, Ndebele people, the province's largest ethnic group. Matabeleland North is bordered by Matabeleland South and Bulawayo to the south, Midlands Province, Midlands to the east, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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