NEWS
Copper Price Surge Squeezes CAFCA’s Margins, Slashing Profits by 72% Despite Revenue Surge
A sharp spike in global copper prices has dealt a heavy blow to CAFCA Limited’s bottom line, slashing its profit after tax by a...
No Environmental Responsibility? Lose Your Mining Title Warns Minister Chitando
Zimbabwe’s Minister of Mines and Mining Development, Hon Winston Chitando, has issued his sternest warning yet to mining operators flouting environmental and legal regulations:...
Dedollarisation Needs Mining: Viability and Profitability Must Lead the Way – Mnangagwa
Zimbabwe’s economic strategy of de-dollarisation will only succeed if the mining sector remains viable, profitable, and competitive, Deputy Minister of Finance and Investment Promotion,...
ZMF to Name and Shame Illegal Chrome Miners as Night-Time Raids Worsen
The Zimbabwe Miners Federation (ZMF) has issued a stern warning to unscrupulous chrome miners who have taken to violating legal mining rights under the...
Dozens Rescued, 181 Still Underground After Shaft Malfunction at Sibanye-Stillwater Mine in South Africa
Nearly a third of the 260 miners trapped underground following a shaft accident at Sibanye-Stillwater’s Kloof gold mine have been brought to the surface,...
Gold buying prices per gram in Zimbabwe, 23 May 2025
Gold buying prices per gram in Zimbabwe today, 23 May 2025, from the official gold buyer and exporter Fidelity Gold Refinery (FGR).SG 90% and...
Caledonia Contributes US$23.7 Million to the National Fiscus in 2024
Victoria Falls Stock Exchange-listed Caledonia Mining Corporation has reaffirmed its pivotal role in Zimbabwe’s economy by contributing US$23.745 million to the national fiscus in...
Eastern Asia Mine Blast Sparks Outcry in Mhangura: Hospital Damaged, Community Demands Accountability
A routine Thursday afternoon turned into a scene of fear and alarm for patients and medical staff at Makonde Christian Hospital after a powerful...
Khayah Cement to Delist as Fossil Mining Faces Strategic Crossroads
Khayah Cement is set to delist from the Zimbabwe Stock Exchange (ZSE), following creditor approval of a business rescue plan aimed at salvaging the...
Kuvimba Needs US$950 Million to Fund Operations, CEO Reveals at Gold Symposium
Kuvimba Mining House CEO Trevor Barnard has revealed that the diversified, Mutapa Investment Fund-owned mining giant requires approximately US$950 million to bring its full...
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