NEWS
Shortage of fuel worsens
MOTORISTS here have for the past week endured stock outs of fuel supplies, indicating a worsening
fuel situation in the petroleum industry.So bad has been...
Caledonia production down, despite increase in profits
CALEDONIA Mining Corporation (Caledonia) gold production was down three percent to 54,511
ounces during the full year ended December 31, 2018 compared to 56 133...
Small scale miners cry over fuel importation application fees
Small-scale miners say fuel import fees charged by the Zimbabwe Energy Regulatory Authority (Zera) are excessively high and prohibitive.Government recently liberalised the importation of...
Sheppard appointed new CEO Konkola copper Mines
LUSAKA – Vedanta Resources has appointed Christopher Sheppard as the new chief executive officer for its Zambian unit Konkola Copper Mines Plc (KCM), the...
Masvingo quarry firm growing in leaps, bounds
Located 7km from Masvingo City along the Bulawayo Highway, is one of the fastest growing mining firms in the province that is into quarry...
RBZ avails $21,7 million to women and youth miners
The Reserve Bank of Zimbabwe (RBZ) has availed RTGS$21,7 million to assist women and youths in small-scale mining to boost their operations.Speaking recently in...
Zisco still paying over 1 700 workers
THE defunct steel manufacturing firm, Zisco, is still paying over 1 700 former workers two months’ salary as per the July 2018 Labour Court...
Gold slips again
Gold extended losses on Friday, moving further away from a three-week peak hit in the previous session, as appetite for riskier assets improved on...
Prospects reports loss of $4,135 million
PROSPECT Resources (Prospect) says it reported a loss after tax of $4,135 million during the half
year ended December 31, 2018 compared to a $2,640...
CALEDONIA registered a 4% increase
CALEDONIA Mining Corporation registered a 4% increase in after tax profits to US$21,42 million in the full year to December 2018 compared to US$20,61...
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