NEWS

ZESA announces tough 12-hour load shedding

Zimbabwe’s power utility has announced a drastic loadshedding schedule, due to breakdowns and refurbishments at its two main power plants.Dam wall rehabilitation at Kariba...

Lafarge CEO stepped down after heavy central bank fine

Lafarge CEO Precious Nyika has left the company after the company was hit with a heavy Reserve Bank of Zimbabwe fine over exchange rate...

Expo Dubai 2020 a game-changer for Mining in Zim

Expo Dubai which is scheduled for next month will be a fitting platform that will enhance growth of the country’s mining industry. Rudairo Mapuranga The Expo is...

Caledonia embarks on dividend increase structure 

Gold miner, Caledonia Mining Corporation, which owns and operates the Blanket mine in Gwanda has embarked on a dividend increase structure. This development comes...

Gold deliveries increase to all-time high

Gold deliveries to Fidelity Printers and Refiners (FPR) more than doubled to 2.94 tonnes in August from 1.27 tonnes reported in the same month...

VFEX to replicate Dubai Gold and Commodities Exchange

The Victoria Falls Stock Exchange (VFEX) has signed a Memorandum of Understanding (MOU) with the Dubai Gold and Commodities Exchange (DGCX) as the two...

Prospect surrenders Zimbabwe gold asset to Luzich Resources.

Australian Stock Exchange-listed mining and exploration junior, Prospect Resources Limited has announced that Luzich Resources has executed the option agreement to buy 100 percent...

ZMF seeks to solve challenges involved in ASM taxation

Zimbabwe Miners Federation (ZMF) will on Thursday host a webinar meeting with Zimbabwe Revenue Authority (ZIMRA) officials to look into the challenges faced by...

Zambian president names new mines minister

Zambia’s President Hakainde Hichilema on Tuesday announced the appointment of lawmaker Paul Chanda Kabuswe as the country’s new minister of mines and minerals. Kabuswe, member...

Zimplats declares US$85m FY dividend

ZIMBABWE’S biggest platinum miner, Zimplats, has declared US$85 million dividend for the financial year ended June 30, 2021.During the financial year under review, the...

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