NEWS

2 die, one injured in Insiza mineshaft collapse

TWO people died and another one was critically injured after a mineshaft collapsed at Stembok Mine in Insiza in Matabeleland South province last Wednesday.Acting...

Junior Gold miners interested in Caledonia’s shares

Caledonia Mining Corporation has announced that it has recently become aware that VanEck Vectors Junior Gold Miners ETF has interests in 3.90% of its shares. VanEck Vectors Junior Gold Miners...

Adding insult to injury, govt increases fuel levy

Zimbabwe’s government has increased the strategic reserve levy by as much as 323%, a move which will push the country’s fuel price, already the...

Mines troop to VFEX

GOVERNMENT says several mining firms have indicated plans to list on Zimbabwe’s year-old bourse, the Victoria Falls Stock Exchange (VFEX).VFEX, which exclusively trades in...

Mine workers push for 270% salary hike

THE Zimbabwe Diamonds and Allied Workers Union of Zimbabwe (ZDAMWU) is pushing for a 270% salary increase that would see the least paid worker...

Namibia top court hands Deep-South small win in battle for copper project

Canada’s Deep-South Resources (TSX-V: DSM) has scored a small but key win in its battle to renew the company’s prospecting licence for the Haib copper project in Namibia, as the country’s High...

Congo says 12 dead, 4,400 sick following Angola mine tailings leak

The Democratic Republic of Congo will seek compensation from the owners of an Angolan diamond mine after a tailings dam leak polluted drinking water, causing 12...

Zimplats lays out expansion plan as FY revenue climbs to US$1.4bn

Zimplats spent US$159.1 million on capital projects over the past year, and has laid out an even bigger budget on an expansion programme to...

‘US$3bn Sengwa deal still alive’

THE Industrial and Commercial Bank of China (ICBC) has not reneged on an agreement to finance the US$3 billion coal fired power plant Zimbabwean...

Zinyemba takes the reins at Hwange Colliery

DR ZINYEMBA had been in the acting position for HWANGE Colliery Company Limited (HCCL) since October 2018 until August 17, 2021 when he was...

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