NEWS

Mimosa engages RBZ on forex retention

Mimosa Mining Company (Mimosa) is engaging the central bank and ministry of mines for a more favourable foreign currency retention regime, managing director Fungai...

Zim might not benefit from palladium boom

Zimbabwe will have to review platinum group of metals royalties, if it is to fully benefit from the price boom that has been witnessed...

Zim owes Eskom R322 million

Minister of Public Enterprises Pravin Gordhan has said that debt-laden power utility Eskom is owed a combined R632 million by three neighbouring countries for...

Confidence among mining executives shrink

Confidence among mining executives in Zimbabwe has dipped further this year, hit by worries over power cuts, the foreign currency crisis and an uncertain...

US$70m smelter: Mimosa chickens out

Zimbabwe’s second largest Platinum Group of Metals (PGM) producer, Mimosa Mining Company, has shelved plans to establish a US$70 million refinery plant at the...

Call to capacitate semi-precious stone sector

GOVERNMENT should invest more incapacitating semi-precious stone industry operators to ensure they contribute to achieving the $12 billion earnings from mining by 2023, Zimbabwe...

Kariba power plant shut down imminent

State Power utility, Zesa Holdings, may be forced to stop generation at the Kariba Hydroelectric Plant as water levels have plummeted to critical levels,...

Mine workers gang up to defraud employer

THREE employees at a mine in Lalapanzi in the Midlands province ganged up and allegedly defrauded their employer, a Chinese investor, of more than...

Power cuts weigh down RioZim’s operations

Incessant power cuts being experienced in the country weighed down on diversified resources group RioZim’s operations during the half year to June 30, despite...

Women break glass ceiling in mining

Many women are increasingly determined to rub shoulders with their male counterparts in the business circles. It appears that economic sectors previously dominated by...

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