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NEWS
India readies US$500m for power projects
India is ready to extend nearly half a billion United States dollars to support three key power projects in Zimbabwe, an Indian diplomat has...
RBZ, gold miners to meet as forex retention debate rages on
The Reserve Bank of Zimbabwe (RBZ) will meet gold mining players next week to resolve differences on forex retention levels as it moves to...
High cost of diesel forces miners to go green
When one buys a vehicle, especially in Zimbabwe where fuel prices keep soaring and the supply of the precious liquid is erratic, the size...
S.Africa’s Eskom needs $12 bln to comply with new emissions laws
South Africa’s power utility Eskom needs around 187 billion rand ($12.60 billion) to comply fully with existing legislation curbing harmful emissions, a government presentation...
Zim trades diamonds for fuel
THE government is on the cusp of signing an estimated US$1.4bn three-year sale-purchase agreement with Russia’s diamond producer and a Swiss firm that will...
Illegal miner shot at Eureka Gold Mine
One of the artisanal miners reportedly wreaking havoc at Eureka Gold Mine in Guruve was last week shot on the leg after trying to...
Breaking: Shots fired at Jumbo mine
Shots were fired yesterday at Jumbo, Metalon Mine which is now a hotspot for artisanal miners looking for a quick buck.Our source said they...
ZESA delivers fatal blow to miners
ZESA Holdings has disregarded an agreement with miners to ensure uninterrupted power supply, a situation which has cost the resources industry millions of dollars...
Gold gains on concerns over U.S.-China trade deal, Hong Kong protests
Gold inched up on Wednesday after U.S.President Donald Trump threatened to raise tariffs on Chinese imports if no deal is reached with Beijing and...
ZCDC fulfils promise to improve Zimunya-Marange community
THE Zimbabwe Consolidated Diamond Company (ZCDC) recently fulfilled pledges made in 2016 to the Zimunya and Marange community of Manicaland to improve their area after...
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