NEWS
Diamond royalty slashed by 33pc
Zimbabwe’s diamond output is poised for a massive boom after Treasury cut the royalty for diamond mining to 10 percent from 15 percent of...
Illegal miners close in on Harare
NOTORIOUS fortune seekers, mostly gold panners, have announced themselves on Harare’s door step.The illegal miners have set up camp at Kintyre Estates, where they...
Blanket Mine shrugs off power crisis, Q3 gold output 7% up
Caledonia Mining says production at Blanket Mine rose over 7% in its latest quarter, despite power outages and rising costs.In the three months to...
Mineral exports up 13pc in first 10 months
Zimbabwe’s mineral exports rose by 12,7 percent to US$1,59 billion in the first 10 months this year compared to the same period in 2018,...
Terror & riches at Jumbo Mine
A stamp mill pounds steel against rocks, producing echoes across the pit-riddled fields.Huge boulders, from beneath mother earth, are spread haphazardly alongside uprooted trees.Middle-aged...
ZIMRA calls for vehicle verification exercise, 433 affected
ZIMRA has called on to Vehicle owners on a list of over 400, released recently to visit the main ZIMRA Head Office in Harare...
USD12 billion road map achievable?
Last month the President of Zimbabwe Emmerson Dambudzo Mnangagwa unveiled the USD12 billion road map with aims at developing the mining sector in Zimbabwe to a USD12 billion industry by 2023. The...
Africa should benefit from mining deals
Africa has been challenged to be vigilant in its negotiations with foreign investors to ensure that all
mining deals are beneficial to the continent.At the...
Smuggling costs Zim gold stash
Zimbabwe may have lost between 30 tonnes and 34 tonnes of gold to smuggling in neighbouring South Africa due to unfriendly mining policies that...
Government sets aside $8.4m for Hwange Thermal Power Station rehabilitation
GOVERNMENT has set aside $8,4 billion for the rehabilitation and expansion of Hwange Thermal Power Station while it will support the use of alternative...
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