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Gold Rush in Gweru’s Cowfold Park, three arrested

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The Zimbabwe Republic Police (ZRP) has confirmed of a gold rush in the City of Gweru’s Cowfold Park and Mtausi residential area with three suspects arrested for illegal mining.

Rudairo Mapuranga

Police spokesperson Assistant Commissioner Paul Nyathi confirmed the gold rush stating that the situation is now under control with Police, EMA, Ministry of Mines and Mining Development working to resolve the issue with the land owners.

“The ZRP confirms that a report of gold panning and rush was received in Gweru, Cowfold Park and Mtausi residential area. The situation is now under control with the Police, EMA, Ministry of Mines and Mining Development working to resolve the issue with the stand owners.

“Three suspects have been arrested in connection with this case,” Nyathi said.

Gweru is not the only town to have experienced gold rush in residential areas with Kadoma, Chegutu, Chinhoyi, Bindura and Kwekwe to have previously encountered gold rush in residential areas.

Zimbabwe has the second largest gold reserves per square kilometre in the whole world with 13 million tonnes of proven reserves of which less than 800 tonnes have been exploited. This is according to former reserve bank governor John Mangudya.

Commercially viable Gold deposits are found in every district in Zimbabwe.

Government Impressed with Mimosa Development, CSR Projects

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The Deputy Minister of Mines and Mining Development, Dr. Polite Kambamura, has expressed satisfaction with the country’s second-biggest platinum group metals (PGMs) producer, Mimosa Mining Company’s, development and corporate social responsibility (CSR) projects.

Rudairo Mapuranga

Last week, the Deputy Minister visited the mining company as part of a ministerial visit. During his visit, he witnessed various projects by the mine, including a US$34 million plant optimization project, a US$134 million northern ore body exploration, a 110 million ton capacity tailings dam, and the construction of a state-of-the-art clinic, among others.

The Deputy Minister stated that he was impressed by Mimosa’s people-oriented company policy. Despite the company being affected by softening commodity prices, they have focused on maximizing recoveries rather than laying off employees.

He stated that the 3,800 employees at Mimosa are guaranteed their jobs because Mimosa is committed to the well-being of its employees. He believes that if other countries followed suit, the country would have a strong socio-economic foundation.

“I visited their three projects, which are currently in progress. One of them is nearly complete, which is the plant optimization. Despite the challenging conditions, Mimosa has not laid off any employees. Instead, they have found ways to improve plant efficiencies to increase recoveries.

“They have also invested in the exploration of the northern portion of the ore body to extend the life of the mine. The exploration has been completed, and now the construction phase begins. They invested $134 million in the northern projects.

“For plant optimization, they invested around $34 million. Mimosa currently produces 190,000 ounces of PGM-4E and 240,000 tons of run-of-mine ore per month, which is equivalent to about 2.9 million tons of run-of-mine ore per month.

“They are also constructing a tailings dam with a capacity of 110 million tons. It is currently 96% complete and will have a lifespan of 20 years. The dam will also have the capacity to accommodate new plants.

“In addition, the dam will provide an opportunity for the retreatment of the nearby old dam. By storing the tailings in anticipation of future technology to recover more minerals, the old dam can be retreated on the same site as the new dam.

“The company is engaged in many activities. They currently employ around 3,800 workers, with many of them from the local community. They are also building the MberiMwa Clinic as part of their corporate social responsibility initiatives. The construction of a state-of-the-art hospital is underway, and two wards are almost completed. The company continues to contribute to the economy and the communities in which they operate. They are also involved in cattle ranching, introducing new breeds of cows and bulls into the community. They have provided the community with 500 pedigree bulls, and people are appreciating the hybrid type of cattle. They are also involved in various other projects.

“Mimosa is also partnering with the Zimbabwe School of Mines. During my last visit, they donated a lot of equipment to the school,” Dr. Kambamura said.

South African Miners Begin Second Day Of Protest

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On Tuesday, over 2,000 workers persisted in occupying a platinum mine in South Africa, marking the second day of a substantial protest that has become one of the nation’s most significant mine demonstrations in years.

Impala Platinum Holdings, also known as Implats, reported that 63 of the 2,205 miners involved in the protest on Monday emerged during the night. The company classified the action as an “illegal underground protest” and issued a warning, stating that it would take decisive action against employees engaged in illegal and criminal activities.

Operations at the mine located northwest of Johannesburg remain at a standstill as negotiations with the workers and unions are underway.

The National Union of Mineworkers (NUM) officials successfully initiated discussions with the workers on the previous night, commencing the process of addressing their concerns with management, according to a company spokesperson.

“Hopefully, we can respond today through the NUM and agree on a process to bring all workers to the surface and resolve issues through normal constructive engagement,” he added.

South Africa has witnessed a surge in underground protests by miners in recent times. Implats expressed concern about the increasing prevalence of “illegal underground protests and copycat illegal actions” in recent months.

In October, over 100 gold miners spent nearly three days underground in Springs near Johannesburg as rival unions vied for control. Additionally, this month, 440 miners staged a protest in another gold mine, while 250 platinum workers demanding improved wages occupied a shaft for three days concurrently.

Mining is a major employer in South Africa, which is the largest exporter of platinum and a significant exporter of gold, diamonds, coal, and other raw materials.

 

BREAKING: Mine Managers appoint the 1st female Council member

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The Association of Mine Managers of Zimbabwe (AMMZ) has appointed Stella Tinotenda Chitakunye to the organisation’s Executive Council.

Engineer Chitakunye becomes the AMMZ’s first female Executive Council member since the organisation’s formation 51 years ago.

Speaking to Mining Zimbabwe Chitakunye said she is excited to take up the position and her appointment demonstrated that there is diversity in the mining industry.

“I am excited and grateful, and I am looking forward to working with fellow leaders in the council to advance the industry. This appointment demonstrates inclusion and diversity in action in the industry. There is space for us as women and we should fill it up,” Chitakunye said.

Commenting on the appointment AMMZ President Engineer Abel Makura said despite efforts to promote gender equality in the mining sector, the belief that mine leadership is masculine and unfavourable for women remains strong, but having the first woman in the Council is hoped to inspire and empower other women to pursue leadership roles and bring about greater representation and diversity in the industry.

“Mining has been a largely male-dominated profession over the past decades due to old stereotypes. Whilst significant strides have been made in the sector lately to have women occupying positions of authority, the uptake has been very low as the belief that mine leadership is masculine and viewed as unfavourable when exhibited by women still lingers in the minds of many.

“We hope that by having the first woman in Council, other women are going to feel inspired and empowered to pursue leadership roles themselves within the mining sector which will help breed a positive cycle of representation and diversity in the industry,” Engineer Makura said.

Stella is responsible for all mining operations in the South Section of the underground workings at Unki Mine. She work with a great team of capable shift supervisors and their teams who are chasing the Anglo-American goal of safe, stable and capable production.

About the AMMZ

Famed as the top knowledge hub for professional and responsible Mining in Zimbabwe, the Association Of Mine Managers of Zimbabwe (AMMZ) was formed in 1972 to advance the science and practice of Mining and supporting disciplines such as Survey, Geology, and Metallurgy.

It is a platform for information exchange and dissemination on good practices and seeks to promote the study and growth of Mining and allied disciplines.

The organisation provides a platform for mining industry professionals to among other things discuss and share information, Mining and Mineral Policy, Technology, Innovation, Safety, Health and Environment, Sustainable Mining, ESG, and Mining Operations. It is the biggest consortium of large-scale Mine Managers in Zimbabwe.

Invictus, Mbuya Sign a 500MW Gas to Power Plant MoU

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Australia Stock Exchange-listed oil and gas exploration junior Invictus Energy Limited has executed an updated Gas Supply MOU with Mbuya Energy (Mbuya) for the supply of gas to their proposed 500 MW Gas to Power project, Invictus CEO and Managing Director Scott MacMillan said.

Rudairo Mapuranga

Mbuya is a Zimbabwean consortium led by IPP developer Tatanga Energy (“Tatanga”). The consortium, which includes existing Invictus’ institutional shareholder Mangwana Opportunities Fund, is seeking to develop a 500MW Gas to Power project.

The updated MOU builds on the previous non-binding memorandum of understanding (MoU) with local energy firm Tatanga Energy (Private) Limited for a 500-megawatt (MW) ‘Gas to Power Plant’ estimated to cost about US$800 million.

According to MacMillan, the plant can be expanded in future phases to up to 1,000MW (equating to a forecasted demand of approximately 1.4 trillion cubic feet of natural gas over 20 years). The updated MOU will see the parties work together to assess the feasibility of developing the project utilizing gas produced from the Mukuyu field or any other field developed in the Cabora Bassa project.

“Signing this MOU with Mbuya Energy to develop a 1,000MW Gas to Power project is another significant step forward in our early commercialization strategy as we look to progress the Cabora Bassa project following our gas discovery at Mukuyu.

“The potential offtake is a substantial volume of gas of up to 1.4 trillion cubic feet which will underpin the commercialization of the Mukuyu gas field. This MOU demonstrates the huge demand in an energy-starved market in Zimbabwe and the wider region.

“Natural gas and power are in high demand in southern Africa due to increasing supply shortages of natural gas from mature fields that are now in decline, the retirement of over 10,000 MW of aging coal-fired power infrastructure in the region and the increasing adoption of gas for industrial use and as a source of cleaner energy.

“We look forward to working closely with Mbuya Energy and our partners One-Gas Resources to progress the project and with the ultimate goal of providing reliable and affordable baseload power to Zimbabwe and the region,” MacMillan said.

Tunde Akerele, Mbuya Energy Director, said the Power Project will be developed in line with world-class standards and will support the further integration of renewable sources of energy into the National Grid.

Akerele said the project will be designed to minimize its environmental footprint and will utilize an efficient Combined Cycle Gas Turbine configuration (CCGT) that will incorporate cutting-edge carbon reduction technologies.
“We are thrilled to join forces with Invictus and One Gas Resources to not only unlock the immense potential of the Mukuyu discovery but also pave the way for a cleaner and more sustainable energy future for Zimbabwe.

“This MoU signifies a critical step forward in transitioning Zimbabwe away from its reliance on coal power generation and towards a more diversified energy mix that includes natural gas and renewables. The introduction of much-needed dispatchable energy for the national grid will enhance energy security, reliability, and facilitate the increased integration of renewables.

“The project also has significant potential to drive economic growth, fostering new industries, creating jobs, and stimulating broader economic development across Zimbabwe. We are confident that the Gas-to-Power Project represents a turning point for Zimbabwe’s energy sector and its journey towards a cleaner and more prosperous future.

“We look forward to collaborating with Invictus, One Gas Resources, and all stakeholders to bring this transformative project to fruition and unlock a brighter energy and economic future for the nation,” he said.

ZMF proposes measures to protect small-scale Lithium miners

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The Zimbabwe Miners Federation (ZMF) has proposed the artisanal and small-scale miners (ASM) in the lithium sector to partner with Kuvimba Mining House (KMH) for their ore processing to ensure predatory buyers and agents do not defraud the miners.

Speaking to this publication, the Zimbabwe Miners Federation (ZMF) President, Ms Henrietta Rushwaya, said miners were working towards modalities to prevent the theft happening in the chrome sector where ores are bought for a song.

“We propose that Kuvimba does toll processing for the ASM sector as this will enable us to benefit from the resource since we don’t want a repeat of what is currently happening in the chrome sector where there is a monopoly and the resource is being sold for a song. We are getting cleverer by the day and we cannot allow our miners to continue suffering when we are the owners of the resource,” Rushwaya said.

The country’s chrome market is dominated by predatory buyers who have formed domestic cartels which purchase chrome at an average price valued at 15% of export sales prices. With this in mind, ZMF wants to prevent the situation and see miners benefiting through value addition and beneficiation of the product.

Chrome ore producers face major growth challenges because there is limited access to the international export market, which reduces opportunities for chrome producers to earn much-needed foreign currency to help resuscitate operations.

Chrome ore production, which is mainly dominated by ASM, is now declining due to the low prices being paid by our local smelters and local internationally-based buyers to chrome producers.

As a result, Zimbabwe, as a nation, is losing significant foreign currency and tax revenues, while at the same time opportunities to reinvest in production growth and efficiencies are being lost.

Zimbabwe gold buying prices/ gram 16 December 2023

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Fidelity Gold Refinery (FGR) official gold buying prices/ gram. See the Zimbabwe gold buying prices/ gram today 16 December 2023.

SG 90% AND ABOVE US$61.74/g
SG ABOVE 85% BUT BELOW 90% US$61.09g
SG ABOVE 80% BUT BELOW 85% US$60.43/g
SG ABOVE 75% BUT BELOW 80% US$59.78/g
SAMPLE BELOW 10g BUT ABOVE 5g US$58.80/g

Fire Assay CASH $62.07/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 prices.

Additional gas discovery in Muzarabani

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Australia Stock Exchange listed oil and gas exploration junior Invictus Energy Limited has discovered additional gas in the Lower Angwa formation in Mukuyu-2 exploration well sidetrack. This follows another discovery in the upper Angwa formation, company CEO and Managing Director Scott MacMillan said.

Rudairo Mapuranga

According to MacMillan the discovery of gas in both upper and lower Angwa greatly expands the resource in Mukuyu/Muzarabani gas field.

He said the discoveries which were drilled 7 km and 450m deep confirm the incredible potential of the Mukuyu field, which has a structural closure of over 200km2.

MacMillan said Invictus’ focus now turns to completing the remaining wireline logging and well suspension operations safely.

“We are delighted to declare an additional gas discovery from the Mukuyu-2 sidetrack well in the Lower Angwa formation.

“The discovery of gas in both the Upper and Lower Angwa greatly expands the resource in the Mukuyu gas field and marks another significant milestone for Invictus.

“The Mukuyu-2 discoveries were drilled 7 kilometres away and 450 metres updip of the Mukuyu-1 discovery well which, confirms the incredible potential of the Mukuyu field, which has a structural closure of over 200km2.

“This also provides the Company with substantial running room for identifying further potential discoveries within our commanding 360,000-hectare acreage in the Cabora Bassa Basin. “Our team has worked incredibly hard over this drilling campaign, and we are thankful to everyone involved in delivering not one, but two discoveries at Mukuyu-2.

“Our focus now turns to completing the remaining wireline logging and well suspension operations safely.

“Following the conclusion of these current operations the team will begin preparing for a new round of activities including a well test at Mukuyu-2 and further drilling of appraisal wells and/or new exploration prospects across our exciting portfolio with the Rig 202 secured for a further 2 years,” said MacMillan.

Ministry of Mines hailed for change of mine ownership restriction

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The Ministry of Mines and Mining Development has been applauded for barring Provincial Mining Directors (PMDs) and their staff from transferring registered mining titles without seeking written authorisation from the Ministry of Mines Head Office.

Speaking to this publication Zimbabwe Miners Federation (ZMF) President Ms Henrietta Rushwaya commended the government decision saying it will go a long way in curbing corruption in the transfer of mining claims as has been the case where corrupt individuals would change mining ownership without the consent of miners.

“We welcome the move as ZMF as this was now fueling corruption and also some sales were now taking place without the consent of the owner and some were also taking place in reserved areas. How does a foreign company buy an 8-hectare lithium block?” Ms Rushwaya said.

Young Miners Foundation (YMF) CEO Mr Payn Kupfuwa said the decision will allow due diligence to take place before transfers are effected. He also said that the decision will ensure a steady flow of professionalization and formalization initiatives.

“The Ministry of Mines and Mining Development has done well by stripping of the right to transfer ownership of Mines as this will reduce disputes as due diligence will be done before transfers are done. Disputes have been hindering progress in terms of production which affects the US$12 billion mining economy target which resonates to the prosperous and empowered Upper Middle Income economy by 2030. As Young Miners, we are ready to participate in the bolstering of efficiency gains in mining enterprise development through increased formalisation and professionalisation of small-scale mining. We are serious in re-writing and re-defining the small-scale mining narrative by working formally. This initiative is a great move towards formalisation and professionalisation of small-scale mining,” Kupfuwa said.

Zimbabwe gold buying prices/ gram 15 December 2023

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Fidelity Gold Refinery (FGR) official gold buying prices/ gram. See the Zimbabwe gold buying prices/ gram today 15 December 2023.

SG 90% AND ABOVE US$62.16/g
SG ABOVE 85% BUT BELOW 90% US$61.50g
SG ABOVE 80% BUT BELOW 85% US$60.84/g
SG ABOVE 75% BUT BELOW 80% US$60.19/g
SAMPLE BELOW 10g BUT ABOVE 5g US$59.20/g

Fire Assay CASH $62.49/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 prices.