NEWS

Gold still has important role to play despite Covid-19

Global gold holdings are said to have held firm at 1 083.8 t in the first quarter of the year, marking a rise of 1% on...

Chitando refutes diamond looting allegations

Minister of Mines and Mining Development Winston Chitando has refuted allegations of diamond looting in Chiadzwa and said there are only four authorised diamond...

Hunger or arrest? fears rise for illegal miners hiding underground

At least 100 illegal gold miners in South Africa are hiding underground, too scared to surface with police on patrol to enforce the coronavirus...

Mines Ministry website offline

Ministry of Mines and Mining Development website is offline and has been for days.At a time when the country is seeking investment downtime for...

RioZim seals 2100MW power DEAL

Rio Energy, a unit of RioZim, will build a 2,100-megawatt thermal power plant with China Gezhouba Group Corporation (CGGC) in northern Zimbabwe at a...

Politicians Grab Redwing Mine

The Penhalonga community in Mutasa South constituency continues to wallow in abject poverty as politicians have grabbed mine claims for self-enrichment, Centre for Research...

TN gold mine (Acturus) owner donates ventilator to Mahere date

TN gold mine (Acturus) owner Tawanda Nyambirai has donated a Ventilator to a medical facility of choice to Lawyer and MDC politician Fadzai Mahere.Mahere...

Gold likely to rise as global Coronavirus restrictions start to ease

Financial services company INTL FCStone Europe, the Middle East, Africa and Asia market analysis head Rhona O’Connell says the majority of precious metals have moved into uncertain territory, with...

Lesotho government gives the green light for diamond mining as lock down continues

The government of Lesotho has given the green light for diamond mines to reopen from Monday, ahead of the May 5 lockdown extension, Gem...

Hundreds decend on abandoned gold deposits

Hundreds of artisanal miners from many parts of the country are descending on rich gold deposits abandoned by a Chinese company, in Matabeleland South's...

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