NEWS
Eight reasons why gold forex retention should be revised upwards
THE Reserve Bank of Zimbabwe (RBZ), through its February 2019 monetary policy statement, reduced the 70/30% gold retention threshold to 55/45% for all miners,...
Zim Platinum output rises
Zimbabwe’s platinum production in the first quarter of 2020 rose five percent to 118 00 ounces from 113 000 ounces recorded in the same...
Two Kalgold mine employees test positive for Covid-19
Two employees at South Africa's Harmony Gold Mining Company’s Kalgold gold mine, in the North West of that country, have tested positive for Covid-19.
The...
Gold prices fall
Gold futures fell from a four-week high as a promising study for an experimental coronavirus vaccine curbed demand for the metal as a haven.Moderna...
Threat of coal mining at the Mapungubwe world heritage site
Most developing countries face acute tensions between socio-economic development and environmental protection. Any opposition to the proposed development, on environmental or heritage grounds, is...
RioZim gold production slumps 41%
LISTED diversified mining concern, RioZim has recorded a 41 percent decline in gold production in the first quarter ended March 31, 2020, from its...
Post Covid-19, resuscitating Zimbabwe’s economy means reforming its mining policies
The Covid-19 crisis is wreaking havoc worldwide, as months of shutdown severely affect both supply and demand sides of economies.By Methembeni MoyoAccording to a...
BREAKING: Zim lock-down extended indefinitely
Zimbabwe President has extended the lock-down indefinitely. The President said the lockdown will be reviewed every two weeks until further notice.See video below:https://twitter.com/i/status/1261621793086935040
Mnangagwa to address the country on lock-down today
President Mnangagwa is set to address the country on lock-down today. Zimbabwe like the rest of the world is currently fighting to minimise the...
Fidelity explains cash shortages at gold buying centres
Fidelity Printers and Refiners boss says cash shortages from their gold buying centres are due current COVID-19 pandemic that has disrupted foreign currency inflows...
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