NEWS

Gold continues on a upward trend

Gold prices are likely to continue their upward journey as investors know that the gold price has broken significant resistance. This resistance level, formed in...

Caledonia Mining to fund 20-MW solar project via stock sale

Canada-based Caledonia Mining Corporation Plc on Friday said it plans to raise up to USD 13 million (EUR 11.1m) through a share sale to...

Policy inconsistencies affecting the diamond sector – Mudenda

THE country`s policies in the lucrative diamond mining sector should remain consistent so as to attract investment and protect investors’ property rights, the Speaker of Parliament...

MMCZ dismisses employee ZWL$2500 salary allegations

The Minerals Marketing Corporation of Zimbabwe (MMCZ) has dismissed allegations by some of its employees engaged as monitors that there are earning ZWL$2 500...

Man arrested for smuggling explosives in hearse

South African Police have arrested a man at the border between South Africa and Zimbabwe after he was caught smuggling explosives in a hearse.https://twitter.com/SAPoliceService/status/1287670507169603584The...

What is EITI? I don’t know it – Chitando

Minister of Mines and Mineral Development Winston Chitando shocked stakeholders attending a parliamentary meeting review of mines and mining development legislation and policies after...

Zim woman sentenced 10 years for explosives smuggling

A Zimbabwean woman Linda Katiyo has been sentenced to 10 years in jail for smuggling explosives used in illegal mining.Katiyo, was handed the sentence...

Miners demand 60% wages in USD, threaten strike

WAGE negotiations between the Chamber of Mines and the Associated Mine Workers’ Union of Zimbabwe (Amwuz) have hit a deadlock over a demand by...

Chiadzwa poverty levels shocking

ZIMBABWE Consolidated Diamond Company (ZCDC) acting chief executive Roberto De Pretto last week said he was shocked by the level of poverty and underdevelopment...

New gold price regime to curb leakages

Zimbabwe's sole gold buyer and exporter Fidelity Printers and Refiners (FPR) has made major strides further in unravelling issues of gold leakages by presenting an...

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