NEWS
Zambia to cap number of mining licences issued to single firms
Zambia, Africa’s second-largest copper producer, said it plans to limit the number of mining licences that a company can hold at a time to curb speculation...
Mining activities contribute significantly to pollution
The Environmental Management Agency (EMA) has said it will rein in mines and processing operations that are exacerbating air pollution.According to research, opencast mining...
Oil, gas euphoria: Chances are just 10pc
ALTHOUGH Invictus Energy, the Australian firm scouring the earth for oil and gas in Zimbabwe’s Muzarabani area, says geological studies have shown the area...
Scott replaces Chimombe as AAG president
The Affirmative Action Group (AAG) presidium has been dissolved with immediate effect with the country’s biggest gold buyer Pedzisai Scott Sakupwanya now the new...
Invictus licence area expanded seven-fold, key production share deal nears
Invictus Energy has secured a deal that expands its exploration area seven-fold, and the company is moving into a critical phase; a production sharing...
Foreign exchange losses weigh on Zimplats’ interim financial performance
IMPALA Platinum Group company Zimplats has posted a 32% year-on-year decrease in net profit to $170.68-million for the six months ended December 31, 2021,...
Zimbabwe’s diamond miners aim to increase production
Zimbabwe’s largest diamond miner, the Zimbabwe Consolidated Diamond Company (ZCDC), aims to increase its annual production to over 5 million carats from 4.1 million...
Judgment reserved in Esigodini gold dealer’s appeal
THE Supreme Court has reserved judgment in an appeal brought by Esigodini gold dealer Baron Dube, who is challenging his conviction and sentence.Dube (46)...
PPC sees annual Zim cement sales up 25%
PPC, Africa’s biggest cement company, says cement sales in Zimbabwe grew 25% year-on-year up to March, on better-than-expected demand from individual buyers and government...
BREAKING: Diamond stakeholders ready for KP review
Diamond stakeholders are burning the midnight oil, preparing for the upcoming Kimberly Process Review team visit slated for next month which is meant to...
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