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Gabriel Mwale – Reflecting on Leadership and Achievements at AMSZ

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Gabriel Mwale – Reflecting on Leadership and Achievements at AMSZ

What do you consider your most significant achievement during your tenure as the Association of Mine Surveyors of Zimbabwe (AMSZ) President?

The submissions we crafted for inclusion in the mining bill, where the role of the surveyor is clarified in the main bill for the first time. This step revived interest in the field.

Could you share some of the challenges you faced as AMSZ President and how you overcame them?

General apathy from members towards the various programs set up to improve their status and work methods was a major challenge. I stayed committed to the vision I had, which helped keep us on course.

What initiatives or programs are you most proud of implementing?

I am particularly proud of introducing symposiums to raise awareness among members about their roles. Through these efforts, we worked towards getting the role of mine surveyors included in the mining bill and revising regulations around survey work.

How would you describe the current state of mine surveying in Zimbabwe?

It’s in a good state, as we’ve demonstrated the value of our skills to the profitability of the mining industry. However, there’s potential for more improvement with better-regulated survey practices.

What trends or technological advancements have you seen impacting mine surveying over the past few years?

The introduction of drones for surface surveys and electronic pickups for underground surveys has significantly impacted our field.

How has AMSZ worked to keep its members updated with global best practices and new technologies?

We’ve done this primarily through conferences, which provide opportunities to learn and stay current.

Can you share some of the key partnerships or collaborations AMSZ formed during your presidency?

We’ve improved our relationship with the Association of Mine Managers, creating a strong collaboration.

What role do you believe AMSZ should play in influencing policy or regulatory decisions impacting mine surveying in Zimbabwe?

AMSZ should have the authority to audit mines and ensure compliance with mining laws, promoting better standards.

What advice would you give to the incoming AMSZ President?

Ensure that funding streams are available so that AMSZ’s work remains unaffected and sustainable.

Are there any specific goals or projects you hope the association will continue after your tenure?

I hope the association will follow up on the new bill to clearly define the role of surveyors in mines and help regularize the mine survey industry.

If you could change one thing about the mine surveying industry in Zimbabwe, what would it be?

Many Chief Surveyors report to Geologists or Mining Engineers who may not fully represent survey interests. If Chief Surveyors had direct access to Mine Managers, it would better serve our industry.

What have been some of your personal takeaways from serving as AMSZ President?

I learned a great deal through my interactions with various stakeholders, which has enriched my perspective.

Looking ahead, what are your plans and aspirations beyond AMSZ?

I am now involved in the chrome mining and beneficiation industry, where I’m focusing on expanding my work.

How would you like your legacy at AMSZ to be remembered?

I hope to be remembered for fostering open dialogue within the Association, addressing issues such as certification, and bridging the gap between diploma and degree holders within AMSZ.

This article was first published in Edition 76 of the Mining Zimbabwe Magazine

Zimbabwe, A Treasure Trove of Minerals

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Zimbabwe, A Treasure Trove of Minerals

Zimbabwe is a resource-rich Southern African country with abundant mineral deposits that serve as a cornerstone of its economy, offering exceptional opportunities for local and international investors.

Its diverse geological makeup offers a spectrum of opportunities for exploration, investment, and innovation from precious stones to industrial minerals.

This article explores some of the incredible mineral wealth found across the nation.

Precious Stones and Gems

  1. Agate: Found in Nyamandhlovu, Chikomba, and Lupane, this captivating stone holds aesthetic and industrial value.
  2. Amazonite and Amethyst: Discovered in Nyamandhlovu and regions like Hurungwe and Hwange, these gemstones offer potential for jewellery markets.
  3. Emeralds: Renowned worldwide, emeralds from Gutu, Masvingo, and Mberengwa are sought after for their vivid green hues.
  4. Sapphire: Found in Mudzi, it shines as a source of high-quality sapphire, ideal for the global gemstone market.
  5. Citrine and Aventurine: Found in regions like Marondera and Masvingo, these quartz varieties showcase Zimbabwe’s versatility in precious minerals.

Strategic Minerals for a Changing World

  1. Lithium: A cornerstone of green technology, lithium is abundant in Goromonzi, Bikita, Hwange and many more discoveries are being reported across the country. Other reported deposits are in Mberengwa, Mudzi, Buhera, Bikita, Chegutu, Harare, Insiza, Rushinga, Mutoko and Mutare.
  2. Platinum and Palladium: The Great Dyke hosts one of the largest reserves of platinum and palladium in the world, with deposits in Kwekwe, Shurugwi, Zvimba and Chegutu.
  3. Tantalum and Cesium: Essential for electronics and telecommunications, these minerals are found in Mudzi, Goromonzi, and Bikita.

Industrial and Construction Minerals

  1. Chromium: The chromium belt spanning Mberengwa, Kwekwe, and Gweru supports the global stainless steel industry.
  2. Limestone and Dolomite: Found in Chimanimani, Umzingwane, and Gwanda, these minerals drive cement and construction projects.
  3. Kaolin and Clay: Regions like Mutare and Harare contribute to Zimbabwe’s ceramic and brick-making industries.
  4. Gypsum: Beitbridge’s gypsum deposits support plaster and drywall manufacturing.

Base Metals and Energy Resources

  1. Coal: Vital for energy production, coal is abundant in Hwange, Lupane, Gokwe and Chiredzi.
  2. Copper and Cobalt: Found in Makonde, Kadoma, and Mutare, these metals are critical for the energy transition.
  3. Nickel: Deposits in Bindura, Makonde and Shamva position Zimbabwe as a significant player in battery metals.

Precious Metals

  1. Gold: Found in every district, gold remains the lifeblood of Zimbabwe’s mining sector.
  2. Silver: Makoni and Kwekwe host silver deposits, complementing the country’s precious metal portfolio.

Rare Earth Elements and Specialty Minerals

  1. Mica and Feldspar: Located in regions like Hwange and Harare, these minerals support industrial applications.
  2. Graphite: With deposits in Kariba and Hurungwe, graphite is essential for modern technologies.
  3. Vanadium: Found in Mt. Darwin and Guruve, vanadium is critical for steel production.

For a detailed list of minerals and areas of verified locations see more HERE

Gold buying prices per gram in Zimbabwe 6 January 2025

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Gold buying prices per gram in Zimbabwe 6 January 2025

These are the official gold buying prices per gram in Zimbabwe today 6 January 2025, from the official gld buyer and exporter Fidelity Gold Refinery (FGR).

SG 90% and ABOVE US$80.41/g
SG ABOVE 85% BUT BELOW 90% US$79.56g
SG ABOVE 80% BUT BELOW 85% US$78.71/g
SG ABOVE 75% BUT BELOW 80% US$77.86/g
SAMPLE BELOW 10g BUT ABOVE 5g US$76.58/g

Fire Assay CASH $80.84/g

NB: Fire Assay cash price is for gold above 100gs, no sample is deducted.
For the Fire Assay Transfer price, a sample of not more than 10g is deducted
A 2% royalty is charged on all deposits (Small-scale miners)
A 5% royalty is set for Primary Producers

Cash available. Fidelity Gold Refinery prices will be changing daily to match world market

Gold Deliveries Increase by Over 26% in 2024, Small-Scale Miners Dominate with a 21% Surge

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Gold Deliveries Increase by Over 26% in 2024, Small-Scale Miners Dominate with a 21% Surge

Gold deliveries to Fidelity Gold Refinery (FGR) saw a substantial increase of 26.65% in 2024 compared to 2023, largely driven by small-scale miners whose deliveries surged by over 21%. Mining Zimbabwe can confirm that small-scale miners maintained their dominance, contributing nearly two-thirds of the total gold delivered.

By Rudairo Mapuranga

December Performance

In December, small-scale miners delivered 3,127.7228 kgs of gold, marking a 19.57% increase from 2,615.8037 kgs in November. On the other hand, large-scale miners experienced a slight decline in deliveries, dropping by 8.16% from 1,126.3594 kgs in November to 1,034.517 kgs in December. The total gold deliveries for December stood at 4,162.2398 kgs.

2024 Year-End Performance

For the entire year of 2024, small-scale miners delivered an impressive 23,745.6423 kgs, a 21.41% increase compared to 18.7 tonnes (18,700 kgs) delivered in 2023. Large-scale miners contributed 12,741.1103 kgs, showing stability but lower growth compared to the previous year. The overall gold deliveries for 2024 reached 36,486.7526 kgs, marking a 21.22% increase from the 30.1 tonnes delivered in 2023.

This performance underscores the critical role that artisanal and small-scale mining (ASM) plays in Zimbabwe’s gold production, consistently contributing the bulk of the national output. Small-scale miners accounted for over 65% of total gold deliveries in 2024.

Monthly Fluctuations in 2024

The monthly fluctuations in gold deliveries throughout 2024 highlighted the sector’s volatility. In November, small-scale miners delivered 2,615.8037 kgs, followed by 3,127.7228 kgs in December, reflecting a 19.57% month-over-month increase. Meanwhile, large-scale miners saw an 8.16% decline in December compared to the 1,126.3594 kgs delivered in November.

Performance Throughout the Year

The ASM sector’s contributions grew steadily over the year. In the second quarter, small-scale miners delivered 12,321.5587 kgs, a 15% increase from the first quarter. Large-scale miners, although showing more modest growth, remained steady contributors to the gold sector, ensuring overall stability in national output.

In August 2024, a significant rise of approximately 36% in gold deliveries compared to July was driven by small-scale miners. Large-scale miners also showed consistent performance throughout the year, though their share of total deliveries was overshadowed by the small-scale sector’s output.

Challenges and Outlook

While 2024 has been a productive year, the gold mining sector continues to face challenges, including rising operational costs, power shortages, and unfavorable exchange rate policies. Despite these obstacles, both ASM and large-scale miners have demonstrated resilience, contributing significantly to Zimbabwe’s economy.

Looking forward, stakeholders remain hopeful that addressing these challenges will ensure sustained growth in 2025. The continued expansion of small-scale mining, coupled with increased efficiencies in large-scale operations, will be crucial for the country’s economic development.

As the year concludes, the mining sector reflects on a strong performance, with overall gold deliveries increasing by over 26%, driven by the relentless efforts of small-scale miners.

Invictus Energy Completes Historic US$10 Million Capital Raise for Muzarabani Oil Project

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Invictus Energy Completes Historic US$10 Million Capital Raise for Muzarabani Oil Project

Victoria Falls Stock Exchange and Australia Stock Exchange-listed oil and gas exploration company Invictus Energy Limited has successfully completed the second tranche of its US$10 million institutional capital raise, managed by Mangwana Capital (Private) Limited, to fund the next phase of its Cabora Bassa Project (Muzarabani oil and gas project), Mining Zimbabwe can report.

By Rudairo Mapuranga

The capital raise, which has garnered strong support from both local and institutional investors, was completed at AU$0.10 per share, marking a significant milestone for the company and Zimbabwe’s energy landscape.

The placement received overwhelming interest, leading to an additional US$2 million in oversubscriptions.

Invictus Energy accepted the oversubscriptions, resulting in the issuance of 31,298,025 new shares on the same terms as the initial offering. This brings the total number of new shares issued under the second tranche to 53,030,303.

Invictus Energy Managing Director Scott Macmillan expressed his appreciation for the support received, stating that the capital raise has demonstrated growing investor confidence in Zimbabwe’s energy sector, setting the stage for further exploration and development.

“The completion of this strategic capital raise is a testament to the strong investor confidence in our Cabora Bassa Project and its potential to drive transformative growth in Zimbabwe’s energy landscape. We are grateful for the enduring and overwhelming local and institutional support,” he said.

Macmillan emphasized that the capital secured will enable Invictus to accelerate exploration and development activities at the Cabora Bassa Project.

“With the capital secured, we are equipped to accelerate the next phase of our exploration and development activities at the Cabora Bassa Project. We remain committed to delivering long-term value for our shareholders and contributing to Zimbabwe’s energy independence and economic growth,” he added.

The raise, completed with the approval of shareholders at an Extraordinary General Meeting held on 21 October 2024, saw participants issue Zimbabwe Depository Receipts (ZDRs) on the Victoria Falls Stock Exchange (VFEX). This secondary listing on VFEX aims to support local liquidity and provide Zimbabwean investors with the opportunity to trade in Invictus securities.

“This strategic investment is historic for both Invictus and investors in Zimbabwe, who can now hold and trade securities in the company through its listing on the Victoria Falls Stock Exchange. It highlights the importance of local participation in Zimbabwe’s energy future,” Macmillan commented.

Mangwana Capital, the managing firm for the capital raise, was paid a 5% fee on the funds raised, partially settled through the issuance of 2,711,208 new shares at AU$0.10, with the balance settled in cash.

Participants in the placement will also have the option to acquire an additional share for every four shares subscribed under the Private Placement, exercisable at AU$0.30 within a two-year period. The total capital raised will support the ongoing work on the Cabora Bassa Project, a venture seen as pivotal in shaping Zimbabwe’s energy future.

Mine Workers in Zimbabwe Face Rising Challenges, Chinhema

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Mine Workers in Zimbabwe Face Rising Challenges, Chinhema

Zimbabwe’s mining sector, despite its growth and potential, continues to face significant challenges, particularly for the workers who form the backbone of the industry. With the sector being a major contributor to the country’s economy, mine workers are still grappling with low wages, precarious working conditions, delayed salaries, and safety concerns, Zimbabwe Diamond and Allied Minerals Workers Union (ZDAMWU) General Secretary Justice Chinhema said.

By Rudairo Mapuranga

In his end-of-year statement, Chinhema said the year 2024 has been particularly difficult, marked by the erosion of workers’ purchasing power due to inflation, increasing casualization of labour, and a worrying disregard for workers’ rights, especially by foreign investors.

Chinhema pointed out that despite the mining sector’s growth, workers continue to struggle with poor wages that do not reflect the value of their labour.

“The majority of mine workers are struggling to survive on wages that fall drastically short of supporting their families. The erosion of purchasing power has made basic necessities unaffordable,” he said.

He further criticized the economic conditions of 2024, noting that inflation, high taxes, and the devaluation of the Zimbabwean dollar had left workers facing a “gloomy and sorrowful future.”

He also condemned the casualization of labour in the mining industry, particularly in the lithium sector, where over 1,000 workers lost their jobs due to short-term contracts.

“This callous practice, where workers are subjected to short fixed contracts, is causing job insecurity,” said Chinhema, warning that it is leading to a loss of collective power for workers.

Failure to Pay Salaries on Time

Chinhema also addressed the issue of delayed salary payments, which has left many workers in financial distress.

“Some companies have been failing to honour their obligations by delaying salary payments, leaving families in dire financial situations and contributing to mental stress and domestic violence in mining communities,” he said.

He vowed that ZDAMWU would continue to hold employers accountable to ensure mine workers are paid on time.

Safety Issues and Lack of PPE

The statement also brought to light safety concerns in the mining industry. Chinhema warned that many mine workers continue to work under dangerous conditions due to employers’ failure to provide proper Personal Protective Equipment (PPE).

“Mine workers deserve to return home safely at the end of each day. It is our duty to advocate for better safety measures and enforce compliance among employers,” he stressed.

Foreign Investors and Labour Law Violations

Chinhema was critical of foreign investors in the mining sector, accusing some of deliberately violating Zimbabwe’s labour laws.

“There is a total disregard of labour laws, especially by foreign investors who abuse workers to further their own capitalist interests,” he said.

He also criticized the complex and cumbersome dispute resolution process, which he said makes it difficult for unions to protect workers’ rights.

Achievements and the Way Forward

Despite the grim outlook, Chinhema highlighted some of the union’s achievements. He praised the successful implementation of training programs focused on tackling Gender-Based Violence and Harassment (GBVH), which he said had made workplaces safer for women.

“We have rolled out our gender and sexual harassment policy, ensuring a safe and respectful environment for all workers,” said Chinhema.

He also spoke of the union’s efforts to improve worker representation by training shop-floor leaders in collective bargaining and dispute resolution.

“Our members are now more equipped to engage with management and advocate for their interests,” he noted.

Looking forward to 2025, Chinhema said the union’s main priority would be to grow its membership and strengthen its influence in the mining sector.

“The year ahead is dubbed the ‘Year of Growth.’ We are focused on building strong structures for sustainable change and becoming the union of choice for mine workers,” he declared.

ZDAMWU, he said, will continue to advocate for better wages, job security, and safer working conditions for all mine workers, ensuring no mine or worker is left behind.

FGR branches housed in ZB to close for business at 12pm tomorrow

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FGR branches housed in ZB to close for business at 12pm tomorrow

All Fidelity Gold Refinery (FGR) branches housed in ZB Bank branches will close at 12 Midday tomorrow the 31st of December 2024, the country’s sole gold buyer has announced in a statement.

Fidelity Gold Refinery (Pvt) Limited proudly serves as Zimbabwe’s official buyer, refiner, and exporter of gold on behalf of the government. With authorization to procure gold from both small-scale and large-scale producers, FGR stands as a trusted partner in ensuring quality and compliance in the nation’s gold industry.

Gold buying prices per gram in Zimbabwe 30 December 2024

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Gold buying prices per gram in Zimbabwe 30 December 2024

These are the official gold buying prices per gram in Zimbabwe today 30 December 2024, from the official gold buyer and exporter Fidelity Gold Refinery (FGR).

SG 90% and ABOVE US$79.47/g
SG ABOVE 85% BUT BELOW 90% US$78.63g
SG ABOVE 80% BUT BELOW 85% US$77.79/g
SG ABOVE 75% BUT BELOW 80% US$76.95/g
SAMPLE BELOW 10g BUT ABOVE 5g US$75.69/g

Fire Assay CASH $79.89/g

NB: Fire Assay cash price is for gold above 100gs, no sample is deducted.
For the Fire Assay Transfer price, a sample of not more than 10g is deducted
A 2% royalty is charged on all deposits (Small-scale miners)
A 5% royalty is set for Primary Producers

Cash available. Fidelity Gold Refinery prices will be changing daily to match world market

Filabusi mine robbed of carbons worth US$22,400

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Filabusi mine robbed of carbons worth US$22,400

The Zimbabwe Republic Police (ZRP) in Gwanda have launched an investigation following a daring robbery at a mine in Filabusi on December 27, 2024.

According to a police statement, the incident occurred around 11 PM when seven unidentified male suspects, armed with machetes and logs, attacked three security guards on duty. The assailants then forced their way into the carbon room, stealing 250 kilograms of gold carbons valued at approximately US$22,400.

“Police in Gwanda are investigating a case of robbery which occurred at a mine in Filabusi on 27/12/24 at around 2300 hours. Seven unidentified male suspects who were armed with machetes and logs attacked three security guards who were on duty before breaking into a carbon room where they stole 250kgs of gold carbon valued at US$22 400.00. Anyone with information to report at any nearest Police Station,” the Police said in a statement.

Authorities are appealing for public assistance to track down the perpetrators.

The robbery highlights the persistent security challenges faced by small-scale mining operations in the region.

Congo Frees Chinese Nationals Detained for Illegal Mining

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Congo Frees Chinese Nationals Detained for Illegal Mining

The Democratic Republic of Congo has released 14 of the 17 Chinese nationals who were arrested last week on suspicion of operating an illegal gold mine in the country, authorities of that country announced late on Tuesday.

According to News central, the men, who are now on their way back to China, were detained alongside others from Congo and neighbouring Burundi during a crackdown on illegal mining activities. They were unable to provide the necessary documentation for their operations.

Jean-Jacques Purusi Sadiki, the governor of South Kivu, where the arrests took place, expressed his surprise upon hearing of their release. He added that the Chinese miners owed the government $10 million in unpaid taxes and fines.

Around 60 Chinese nationals were present at the site, with the 17 detained individuals believed to be in charge. The Chinese embassy in Kinshasa has yet to comment on the matter, while Burundi’s embassy is awaiting more information from its representative in Bukavu.

Bernard Muhindo, South Kivu’s finance minister and acting mines minister, explained that the goal was to reform the sector. “The idea is not to go on a manhunt, but rather to clean up the mining sector so that reliable partners can work properly and legally,” he stated.

The DRC has been struggling to curb the activities of unlicensed mining companies and, in some cases, armed groups who exploit its vast reserves of cobalt, copper, gold, and other valuable minerals. Competition for control over mining operations has also contributed to ongoing conflicts in the region, which borders Rwanda.

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