NEWS

Fidelity reverts back to US$

Fidelity has reverted back to buying rates of 55% USD and 45% RTGS.The country sole buyer had earlier today published the buying rates in...

Its official Fidelity buying Gold in local currency

FIDELITY HAS REVERTED BACK to the 55/45% payment systemFollowing the announcement by The Finance Minister of the abolishment of the use of Foreign currency,...

MMCZ and ZIMRA to partner to ease exporting license headaches

The distant relationship between the Zimbabwe Revenue Authority (ZIMRA) and the Minerals Marketing Corporation of Zimbabwe (MMCZ) has become a major stumbling block for...

Glitter stones adding value in the construction industry

Glitter stones are minerals located in Zimbabwe which can add value in the construction industry adding beauty to the country’s buildings and creating employment...

ZMDC withdraws partnership tenders

THE Zimbabwe Mining Development Corporation (ZMDC) has withdrawn tenders for joint venture partnerships it sought to resuscitate its defunct mines as some of the...

Zim discovers rare minerals

Zimbabwe sits on bountiful and lucrative deposits of minerals known as rare-earth elements (REE), some of which sell for more than US$1 000 for...

BREAKING: Fatal accident at How Mine

A REPORT coming in says there has been a fatal accident at How Mine.According to the person reporting at the scene, Shaft maintenance was...

SA losing over R14billion to illegal gold trade

SOUTH AFRICA - A new report on illegal mining suggests that South Africa is losing upwards of R14 billion a year to the illicit...

Use it or lose it Mash central warned

Government to soon evoke section 400 of the Mines and Minerals Act.The Ministry of Mines and Mining Development will soon evoke section 400 of...

Government open to assist Small-scale Chrome miners

The government is open to assist chrome small scale miners in order to fully benefit from chrome mining leading to the potential economic growth...

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