NEWS

Zimbabwe’s mineral-backed loans may complicate talks with creditors, IMF says

Foreign loans that use minerals as collateral may complicate Zimbabwe's future negotiations with foreign creditors to restructure its $8.8 billion debt, an International Monetary...

Smelting company sued over chrome ore worth USD7 million

Afrochine Smelting is a subsidiary of Tsingshan Iron and Steel Group of China and has chrome smelters in Selous near Chegutu. Chrome mining and smelting...

Bravura to spend over $50m to explore for platinum in Zimbabwe

Bravura Consortium will spend more than $50 million to explore for and mine platinum in Zimbabwe, the Southern African country's mines minister said on...

Chinese mining firm property attached over USD218 970

The mine, based in Guruve, had failed to pay workers their full salaries, forcing employees to sue and eventually winning the case. Headline CHINESE mining firm,...

Chitando, Bravura sign a $50million Platinum deal

BRAVURA Consortium will spend more than $50-million to explore for and mine Platinum in Zimbabwe, the Minister for Mines and Mining Development, Winston Chitando said yesterday...

High court orders ZMDC to pay over $340 330 outstanding salaries

The former workers namely, Charity Tambandini, Michael Matanda, Charles Goto, Chakanyuka Marume, Felix Shenjere, Shingai Mutunha and Rejoice Mabika, recently successfully registered their arbitral...

Hwange villagers raises concern over Gwayi Mine looting

The villagers claim the vandals, who have the blessing of local traditional leadership, are cutting down powerline poles, ripping out railtracks and shiping them...

Zim urged to implement Extractive Industries Transparent Initiative

The government of Zimbabwe has been urged to urgently implement the extractive industries transparent Initiative (EITI) by the Zimbabwe Environmental Law Association (ZELA) to...

Rogue fuel firms to lose licences

Mystery surrounds the distribution of fuel in Zimbabwe after authorities have established that while enough money has been availed for players to procure the...

Police raids farmhouses in search of illegal miners in Mazoe

In an attempt to clean the area off illegal miners, the police in Mazoe harrassed Mahachi farmworkers with some accusing the Police of looting...

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