NEWS

Alrosa to mine upper levels of International mine

Russian diamond miner Alrosa has received regulatory approval to open up and develop reserves at the upper horizons of the International underground mine.Alrosa received...

Oil firm licence, permit extended

Invictus Energy, the Australian junior mining firm exploring for oil and gas in Muzarabani, says its investment licence has been renewed and the special...

Target incentives for INVICTUS oil project

INVICTUS Energy, the Australia listed junior miner developing Zimbabwe’s potential maiden oil and gas mine, has offered two key directors shares to incentivise their...

Cabinet approves fuel partner search

Zimbabwe is seeking an established global petroleum giant to partner the merged entity of three state-owned fuel retailers, Business Weekly can reveal.Last year, the...

RBZ loses gold forex retention war

The Reserve Bank of Zimbabwe (RBZ) has caved in to demands from small scale gold producers giving them the greenlight to retain 100% of...

Chinese mine, workers’ wage dispute turns violent

A Chinese coal mining company with claims in Hwange has come under fire from workers who have accused the firm of exploiting them without...

Fidelity gold buying prices Wednesday 19 August 2020

Fidelity Printers and Refiners official gold buying prices Wednesday 19 August 2020. SG 90% AND ABOVE $57.80/g SG ABOVE 85% BUT BELOW 90% $56.83/g SG ABOVE 80%...

Chinese-Zim owned mine under fire over unpaid salaries

A Hwange based Chinese-Zim co-owned local coal mining company has come under fire from workers who have accused the firm of exploiting them without...

Lockdown slows Blanket Mine Central Shaft project

MATABELELAND South-based gold mining company, Blanket Mine, says equipping of its Central Shaft has been slower than anticipated due to the adverse impact of...

Charges dropped against top Implats executive over lockdown

Criminal charges laid against Impala Platinum’s Rustenburg division for violating Covid-19 lockdown regulations in April have been withdrawn, the company said yesterday.The charges, that...

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