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Zimbabwe gold buying prices/ gram 19 December 2023

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Zimbabwe gold buying prices/ gram 19 December 2023

Fidelity Gold Refinery (FGR) official gold buying prices/ gram. See the Zimbabwe gold buying prices/ gram today 19 December 2023.

SG 90% AND ABOVE US$61.16/g
SG ABOVE 85% BUT BELOW 90% US$60.51g
SG ABOVE 80% BUT BELOW 85% US$59.87/g
SG ABOVE 75% BUT BELOW 80% US$59.22/g
SAMPLE BELOW 10g BUT ABOVE 5g US$58.25/g

Fire Assay CASH $61.48/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.

Zero fatalities must be order of day, Rushwaya

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Zero fatalities must be order of day, Rushwaya

The issues to do with responsible mining are of importance if artisanal and small-scale miners (ASM) are to contribute significantly to achieve the targeted 40 tonnes gold deliveries to Fidelity Gold Refinery (FGR), Zimbabwe Miners Federation (ZMF) President Ms Henrietta Rushwaya said.

Rudairo Mapuranga

Speaking on the sidelines of a press briefing on mining precautions during the rainy season by the Minister of Mines and Mining Development Hon Zhemu Soda, Ms Rushwaya applauded the Minister’s clarion call on safe Mining especially during the rainy season.

Rushwaya said small scale miners need to take precautionary measures and must ensure that shafts are collared and covered.

“As small scale miners we need to take precautionary measures at our sites and we must ensure that our shafts are collared and covered. We should also encourage our miners to make proper drainages that capture flowing water.

“Small scale miners contribute 60 percent of the gold that goes to Fidelity and they are a force to reckon with so to achieve the targeted 40 tonnes for 2024, issues to with responsible mining are of paramount importance.

“Zero fatalities in mining must be the order of the day and we should mine in a way that guarantees preservation of lives and environmental sustainability, ” Ms Rushwaya said.

Speaking during the press briefing Minister Soda said the government was going to rollout safety trainings for all artisanal and small scale miners to ensure Zero harm in the mining industry.

The Minister also said that the government will listen to the ideas of stakeholders in the mining industry to prevent or stop incidents in mining.

“Meanwhile the Ministry of Mines is going to role out safety trainings to artisanal and small-scale miners. The training will also ensure how miners can be helped to formalise their operations. Different stakeholders have also advised the government on measures to prevent and stop incidents or disasters. This meaning will not be the last but the Ministry will continue to engage miners,” Minister Soda said.

Zimbabwe did not ban ASM mining activities 

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Zimbabwe did not ban ASM mining activities 

The Minister of Mines and Mining Development Hon Zhemu Soda has reiterated that the government did not ban the activities of artisanal small-scale miners (ASM) but only issued a statement to recommend miners to take necessary precautions during the rainy season.

Speaking at a press briefing in Harare on Thursday Hon Soda said the government did not ban artisanal or small-scale mining but only advised miners to be safe during the rainy season.

“The government of Zimbabwe did not ban artisanal and small-scale miners from mining. It was a misunderstanding. We only issued a precautionary statement meant to ensure miners are safe from incidents or disaster,” he said.

The Minister was referring to the Ministry’s previous Press Conference which made local and international headlines suggesting Zimbabwe had banned Artisanal and Small-scale activities due to safety concerns.

In addition, Hon Soda stated that the government will be rolling out safety training for artisanal and small-scale miners to prevent accidents. He said the Ministry will also hold regular meetings with stakeholders to address mining-related issues.

Hon Soda said the Ministry will have periodic meetings with stakeholders to ensure issues to do with mining are addressed.

“Meanwhile the Ministry of Mines is going to roll out safety training to artisanal and small-scale miners. The training will also ensure how miners can be helped to formalise their operations. Different stakeholders have also advised the government on measures to prevent and stop incidents or disasters. This meeting will not be the last but the Ministry will continue to engage miners,” Hon Soda concluded.

Zimbabwe gold buying prices/ gram 18 December 2023

Mining
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0
Zimbabwe gold buying prices/ gram 18 December 2023

Fidelity Gold Refinery (FGR) official gold buying prices/ gram. See the Zimbabwe gold buying prices/ gram today 18 December 2023.

SG 90% AND ABOVE US$61.12/g
SG ABOVE 85% BUT BELOW 90% US$60.47g
SG ABOVE 80% BUT BELOW 85% US$59.82/g
SG ABOVE 75% BUT BELOW 80% US$59.18/g
SAMPLE BELOW 10g BUT ABOVE 5g US$58.21/g

Fire Assay CASH $61.44/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.

BREAKING: Mines Minister to brief industry on rainy season safety measures

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BREAKING: Mines Minister to brief industry on rainy season safety measures

The Minister of Mines and Mining Development Hon Zhemu Soda will at today 15:00hrs conduct a Press briefing on safety precautions to take during the rainy season.

The press conference follows up another were the Minister recommended miners mining in flood prone areas to exercise caution or stop mining completely.

Mining Zimbabwe will broadcast the press conference LIVE on facebook

More to follow…

Circulating mining fees hike document not official – ZMF

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Circulating mining fees hike document not official – ZMF

The Zimbabwe Miners Federation (ZMF) has described a Circulating document in regards to increase in mining fees by over 400 percent for any payment made to the Ministry of Mines and Mining Development for mining processes as unofficial.

According to ZMF Media department the document titled “Mining General Amendment Regulations….2024” which is on mining fees review is not an official document from the Mines Ministry as no such document has been gazetted.

The ZMF Media department also encouraged miners to pay for their different mining licences ahead of imminent mining fees review.

“It has come to our attention that there is a document which is in circulation on social media platforms on: “Mining (General (Amendment) Regulations, ……..2024” which is on mining fees review.

“Kindly disregard the document as it is not an official document from Mines Ministry and has not yet been gazetted.

“We however encourage you to pay for the different mining licenses ahead of the imminent mining fees review,” ZMF media department said.

Mining fees in Zimbabwe are set to be reviewed however the document which has a strong resemblence to other  government issued SI statements has not been published in the government gazette.

Cyanide Poisoning kills 23 Cattle in Mhangura

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Cyanide Poisoning kills 23 Cattle in Mhangura

Mhangura, Zimbabwe – 23 cattle lost their lives due to suspected cyanide poisoning on January 24th, 2023. The shocking incident occurred at Rixton Village 4, sparking an immediate investigation by the local authorities.

Announcing the development of its X page, Police said the cattle died moments after consuming water from a nearby stream, located in close proximity to a gold ore leaching plant. The gold plant, responsible for processing the precious metal, remains the focal point of the investigation as authorities attempt to ascertain the source of the cyanide contamination.

Cyanide poisoning is a serious health hazard, particularly when consumed in high quantities. The toxic chemical is commonly used in gold extraction processes, making its presence near the stream near the plant all the more concerning.

If hydrogen cyanide is inhaled, it can cause a coma with seizures, apnea, and cardiac arrest, with death following in a matter of seconds. At lower doses, loss of consciousness may be preceded by general weakness, dizziness, headaches, vertigo, confusion, and perceived difficulty in breathing.

MMCZ invites Zimbabweans to apply for gemstone subagency

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In an endeavour to curb the illegal trading of gemstones in Zimbabwe, the Minerals Marketing Corporation Zimbabwe (MMCZ) has invited individuals and companies to register as subagents to legally purchase gemstones and export them legally.

Patricia Rwafa

The trading of coloured gemstones in Zimbabwe has been done mostly by foreign individuals and companies who were buying stones at predatory pricing structures and illegally siphoning the stones out of the country leaving communities with little to benefit from.

To ensure illegal trading of the stones is curbed, the  MMCZ has invited Zimbabwean individuals and companies to submit expressions of interest to be considered and licensed as MMCZ subagents. Sub-agents are licensed to purchase coloured gemstones around the country and sell through the Corporation as per the MMCZ Act, Chapter 21:04.

According to MMCZ, the individuals or companies must be Zimbabwean citizens with adequate knowledge of identifying, grading and pricing the stones.

In a statement released today the MMCZ said:-

“MMCZ Gemstones Subgents are appointed in terms of the SI 256  of  2019. The function of an MMCZ Gemstones Subgents is to buy coloured gemstones from all scale miners within Special Grants as defined in the SI 256 of 2019 and sell the coloured gemstones through the Minerals Marketing Corporation Zimbabwe.

The terms reference of the MMCZ Gemstones Subgents shall be :

The  MMCZ Gemstones Subgents shall keep in the prescribed form a register in which he /she shall enter, in respect of the coloured gemstones dealings such as details relating to_

  1. the amount thereof purchased during the month
  2. the amount thereof held by him/her at the end of the preceding month;
  3. the date of the transaction;
  4. name and address of the other party transaction;e)the nature and mass of the coloured gemstone involved;
  5. the price if any, paid or received

The MMCZ Gemstone Subgent shall, not later than the tenth day of each month, submit monthly returns to MMCZ in the prescribed format in respect of gemstones purchased in the prior month.

If the MMCZ Gemstone Subgents has coloured gemstones over what is recorded in his /her register in terms of SI 256 of 2019, he /she be deemed to be in unlawful possession of such excess unless he proves to the contrary.

An MMCZ Gemstone Subgent shall be obliged to sell whatever he/she would have acquired as per Minerals Marketing Corporation of Zimbabwe (MMCZ) Act Chapter 21:04.

Any person who contravenes subsection (1) shall have their licence cancelled.

To be considered for selection, prospective citizens must meet the following criteria:-

  1. Must be Zimbabwean Citizen(individual or Corporate)
  2. Have sufficient knowledge of gemstones e.g identifying, grading and pricing
  3. Ability to self-fund operations (proof funds )
  4. 4 No criminal record – police clearance
  5. Adequate understanding of the Mines and Minerals Act and MMCZ Act
  6. Proof of residence /secure offices interested individuals and/or corporate citizens of Zimbabwe are required to submit their proposals stating their preferred area(s) /province(s) of operation for consideration to the General Manager, Minerals Marketing Corporation of Zimbabwe (MMCZ)”

Zimbabwe gold buying prices/ gram 16 December 2023

Mining
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0
Zimbabwe gold buying prices/ gram 16 December 2023

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$62.28/g
SG ABOVE 85% BUT BELOW 90% US$61.62g
SG ABOVE 80% BUT BELOW 85% US$60.96/g
SG ABOVE 75% BUT BELOW 80% US$60.30/g
SAMPLE BELOW 10g BUT ABOVE 5g US$59.31/g

Fire Assay CASH $62.61/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.

Ministry of Mines Urges Miners to Take Precautions During Rainy Season

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Ministry of Mines Urges Miners to Take Precautions During Rainy Season

In an effort to prevent potential loss of lives and damage to mines, the Ministry of Mines and Mining Development has issued a stern warning to all miners, emphasizing the increased risks during the rainy season.

In a statement at the the Ministry’s Head Office in Harare, Minister of Mines and Mining Development Hon Zhemu Soda  specifically highlighted the dangers of flooding, weakened ground, and slimes dam breaches, which require miners to exercise caution and responsible mining practices.

He urged all miners, particularly artisanal miners, to be mindful of the potential hazards posed by heavy rainfall stating that the current weather conditions, characterized by torrential rainfall, have intensified these risks.

“We implore all miners to fully understand and take necessary precautions to prevent any loss of lives or damage to equipment and mines,” stated Soda.

Soda cautioned miners to avoid working or mining in areas adjacent to rivers or waterways, as flooding may occur from upstream rainfall, posing a significant risk of drowning. He said Miners must also refrain from digging and blasting in old mine workings, as the saturated soil can lead to ground instability and potential collapse.

He also advised against Pillar robbing. Pillar robbing is one of the worst mining practices potentially responsible for majority of the deaths in artisanal small scale mining industry.

“The Ministry therefore advises our miners as follows:

a) Avoid working or mining along rivers or water ways as shafts are likely to flood from rain upstream posing risks of drowning;

b) Avoid digging and blasting in old mine workings because soils easily get saturated and ground becomes unstable and is bound to collapse anytime burying our miners alive;

c) Pillar robbing underground should be avoided at all costs;

d) Avoid sinking shafts in low lying areas as there is a danger of mines being flooded by free flowing waters during the rains;

e) Miners should take measures to divert free flowing water from flooding workings;

Furthermore, the Ministry advised miners to take measures to divert free-flowing water from flooding their workings.

The Minister urged small scale artisanal miners to completely halt mining activities until the rainy season subsides.

“As a precaution, small scale artisanal miners are advised to completely stop mining altogether and resume when the rains stop. Furthermore, miners should cooperate with instructions given by Government authorities to ensure safe mining operations,” Minister Soda said.

The Minister said his Ministry has deployed inspectors to ensure that miners are following all safety protocols. He urged those who have received awareness training during the Safety, Health and Environment (SHE) campaigns hosted by the Mining Engineering Department to apply what they have learned and share their knowledge with their colleagues to ensure the welfare and safety of all miners.

Since his appointment Soda has made it clear that the Ministry of Mines and Mining Development is dedicated to upholding safety standards and saving lives. As Mines Minister he has visited accident sites and coordinated rescue efforts something his predecesor rarely did.

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