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ZACC speaks on charges Mashwest PMD is facing

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ZACC speaks on charges Mashwest PMD is facing

Mashwest Provincial Mining Director is currently being held at Police cells in Chinhoyi criminally charged with abuse of office.

Mining Zimbabwe spoke to Zimbabwe Anti-Corruption Commission (ZACC) Commissioner John Makamure who outlined the various offences the Mashwest Provincial Mining Director (PMD) Ms Sibongubuhle Mpindiwa is currently being charged with.

First on the list was the mining title she issued to Frank Siyankuni at a mine owned by Dallaglio Investments contravening section 45 of the Mines and Mineral Act Chapter 21:05

“On 22 February 2019, the accused person Sibongile Mpindiwa being the Acting Provincial Mining Director in the Ministry of Mines and Mining Development Mashonaland West Province issued a mining certificate to Frank Siyankuni for Ruvengo for Stockdale Farm in Chegutu.

The mining area which was issued to Frank Siyankuni by the accused person belongs to Dallaglio Private Limited which was issued a mining certificate for the same mining area in 2005. The mining certificate to Dallaglio Private Limited was never cancelled.

When the accused person issued the certificate to Frank Siyankuni, she knew very well that Dallaglio Private Limited had a mine with Registration Certificate Ruvengo 77 to 81 at that same area contravening section 45 of the Mines and Mineral Act Chapter 21:05,” the Commissioner said.

The commissioner also said Mpindiwa unlawfully issued a license to a Kwaramba to mine in a farm reserved for a government company violating section 31 subsection 1 paragraph (d) of the Mines and Minerals Act Chapter 21:05

“Sometime in February 2021, the accused person issued Kwaramba a prospecting license to mine at Strathmore Farm located in Banket. The farm is reserved for Mining Promotion Corporation, a Government exploration company under EPO 07/2019.

The accused person issued a prospecting license to Kwaramba whose blocks are located right under the EPO 07/2019.

The accused person as a Provincial Mining Director acted contrary to and inconsistent with her duties as a public officer and her actions were in violation of Section 31 subsection 1 paragraph (d) of the Mines and Minerals Act Chapter 21:05 which states that no person shall be entitled to exercise any of his rights under any prospecting licence or any special grant to carry out prospecting operations or any exclusive prospecting order on an area reserved for another use by the other responsible state authority.

The accused was supposed to act in accordance with the Act by rejecting the application for a prospecting license since the area in question was under EPO 07/2019,” Makamure said.

“On 04 June 2021, the accused person Sibongile Mpindiwa being the Provincial Mining Director in the Ministry of Mines and Mining Development Mashonaland West Province revoked ZURICH Mine registration number 268 and 269 under revocation invoice number 063213B.

Hardwork Berah Zurich Mine 268 and 269 number 8664 and 8665 had been issued its certificates on 11 September 2006 and was forfeited on in September 2011. The accused person later revoked Zurich Mine registration number 268 and 269 number 8664 and 8665 on 04/06/21 which is 10 years later after the accused person had forfeited the mine in question.

The accused person acted contrary to and inconsistent with her duty thereby Showing Favor to Hardwork Berah and disfavour to Athanas Ranjeni and other applicants on the waiting list Contravening Section 272 subsection (3) of the Mines and Mineral act which requires that such revocation can only be done within 21 days from date of forfeiture.

The accused was supposed to act in accordance with the Act, by rejecting the application to revoke since the time which is required by Section 272 subsection had lapsed,” the commissioner concluded.

After the news broke of the PMD’s arrest more say they will come forward to submit their complaints to the commission after similar experiences.

Meanwhile, the country’s anti-corruption unit is opposing bail stating that the PMD is likely to interfere with witnesses since most of the witnesses fall under her span of control in her capacity as the Provincial Mining Director of Mashonaland West.

BREAKING: Mashwest PMD arrested for criminal abuse of office

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BREAKING: Mashwest PMD arrested for criminal abuse of office

Mashonalandwest Provincial Mining Director (PMD) Ms Sibongubuhle Mpindiwa has been arrested by the Zimbabwe Anti-Corruption Commission (ZACC) for criminal abuse of office.

ZACC speaks on charges Mashwest PMD is facing

Mining Zimbabwe visited ZRP Chinhoyi and the Police confirmed that Mpindiwa was in their custody after she was dropped off by ZACC officers.

We proceeded to the ZACC offices and the Anti-corruption agency confirmed she was arrested but referred all questions to ZACC Commissioner John Makamure who confirmed that the PMD was arrested for criminal abuse of office. Makamure said he will provide further information once it becomes available.

This is a developing story more to follow…

Gold buying prices Monday 10 October 2022

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Gold buying prices Monday 10 October 2022

Fidelity Gold Refinery (FGR) official gold buying prices Monday 10 October 2022.

SG 90% AND ABOVE US$51.80/g
SG ABOVE 85% BUT BELOW 90% US$50.98/g
SG ABOVE 80% BUT BELOW 85% US$50.44/g
SG ABOVE 75% BUT BELOW 80% US$49.89/g
SAMPLE BELOW 10g BUT ABOVE 5g US$49.07/g
FIRE ASSAY CASH US$51.80/g

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

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

RioZim buys a Namibian Diamond Mine for US$58million

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RioZim buys a Namibian Diamond Mine for US$58million

RioZim Ltd. has bought Sperrgebiet Diamond Mine in Namibia as the Zimbabwean group seeks to expand in Africa.

“The group has been trying to broaden its footprint in the mining industry in Africa and this acquisition was part of the strategy,” Tawanda Andrew Chiurayi, RioZim’s group company secretary, said in a written response to questions from Bloomberg News. “We also want to diversify our assets and geographies.”

Chiurayi declined to disclose the amount RioZim paid for the mine. The acquisition cost $58 million, people familiar with the matter said, asking not to be named as the price hasn’t been disclosed.

Sperrgebiet holds two onshore and two offshore mining licenses, within Luderitz’s protected diamond zones, according to the company’s website.

RioZim is also planning further investments in base and precious metals in Zimbabwe, after spending more than $150 million at its gold mine and a new plant at the Murowa diamond mine, Chiurayi said. Output at Murowa tripled in September following the investment, he said.

RioZim, which also has interests in coal and a nickel refinery, said rules that oblige miners in Zimbabwe to switch 40% of their income into local currency are proving a drag on its operations.

“Forex shortages and power shortages are seriously hampering progress, but our belief in the long term is undeterred,” Chiurayi said.

Bloomberg

Graduates urged to join ASM

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Graduates urged to join ASM

In an effort to improve the artisanal and small-scale mining (ASM) sector as well as finding new opportunities for mining graduates, the government through the Ministry of Mines and Mining Development is advising graduates to join the ASM.

Rudairo Mapuranga

Speaking at the Zimbabwe School of Mines (ZSM) 28th, annual graduation and prize-giving ceremony themed “Skilled practitioners for the attainment of the US$12 billion mining industry” which was officiated by the Deputy Minister of Mines and Mining Development Hon Dr Polite Kambamura, the Permanent Secretary in the Ministry of Mines and Mining Development Mr Pfungwa Kunaka said graduates should make a difference in society through professionalizing the ASM sector as they have the skills and knowledge to help in the government’s drive to formalize and professionalize the largely informal sector.

“The government is looking forward to professionalise and formalise the artisanal and small-scale mining sector, it is therefore of importance for graduates to join this sector to improve standards in the sector, at the same time creating own employment,” Kunaka said.

Speaking at the same event, a senior lecturer at the school Mr January said the nation was looking forward to benefiting from intellectual properties, therefore, it was important for graduates not to wait to be employed by big mining firms but also join the ASM to improve production systems in the sector.

“The nation is looking upon you to use your intellectual capacities to increase production where you will be employed and those who will be unemployed I urge you to think outside the box and partner with the artisanal and small-scale miners and improve the production system and safety systems in those operations and you will be greatly rewarded financially or intellectual as experience should be your desired weapon for national growth and empowerment,” January said.

Zimbabwe School of Mines Student Representative Council (SRC) President Tanaka urged graduates who are yet to be employed to join ASM.

“There are those of you who will not know their destinations because they will be unemployed. I challenge you to venture into the small-scale and artisanal sector and not to fold your hands because if you do so, poverty shall strike you like a vagabond. Collectively from your various departments of expertise plus a mining claim, you’re already a miner, ” he said.

Payment of royalties with minerals effective 1 October 2022

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Payment of royalties with minerals effective 1 October 2022

Miners operating in Zimbabwe will have to pay some of their royalties in refined metal rather than cash effective 1 October 2022, President Mnangagwa has said.

Zimbabwe has abundant reserves of minerals such as gold and platinum group metals (PGM), but power supply problems, a lack of ancillary industries to support mining and currency fluctuations have prevented it from profiting from a resource boom.

“Starting this October, the government now requires that part of these royalties come as actual refined mining product,” Emmerson Mnangagwa wrote in a column in The Sunday Mail.

He said the policy would target four main minerals – gold, diamonds, PGMs and lithium.

Mnangagwa said the aim was to build a national reserve of precious metals and critical resources to benefit the current population and future generations.

Dinson Iron project to fetch US$10 billion annually

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Dinson Iron project to fetch US$10 billion annually

The Manhize iron and steel project west of Furtherstone will generate an annual revenue of US$10 billion, it has been revealed.

Rudairo Mapuranga

Speaking at the ground breaking ceremony of the first phase of the plant, the Minister of Mines and Mining Development Hon Winston Chitando said the iron and steel project which has a life of mine of over 100 years which fetch an annual revenue of US$10 billion for the country, contributing significantly to the upper middle income economy.

“This park will process 10 million tonnes of carbon steel annually which at today’s price, we are talking of around US$10 billion per annum.

“Also we are witnessing phase 1 of the park which is producing over 600 thousand tonnes of carbon steel by the third quarter of next year and this will impact to the US$12 billion mining industry,” Hon Winston Chitando said.

As outlined in the National Development Strategy 1 (NDS1), some of the strategies being employed to grow the mining sector include attracting funding, enhanced exploration, opening of new mines, re-opening of closed mines, expansion of existing mines as well as improve levels of local mineral beneficiation.

This integrated Iron and Steel manufacturing plant will be designed to manufacture carbon steel by the chemical reduction of iron ore using an integrated manufacturing process. The iron from the blast furnaces is converted to steel in a Basic Oxygen Furnace (BOF) as well as in Electric Arch Furnaces (EAF).

Speaking at the same event, the President Mnangagwa said the the project which will employ over 10 thousand employees is important to the second Republic as its mantra is to see infrastructure development which will be aided by steel from the project.

“Steel production is quite critical in the development of any nation, particularly in infrastructure development. This project therefore dovetails well with the Second Republic’s massive infrastructure development drive as we seek to revamp and modernize our infrastructure for the benefit of our people. This project, in addition to the ZISCO Steel project which is set to be revived, will produce steel not only for the domestic market but will also service the whole Southern African region and global markets thereby generating foreign currency through exports,” President Mnangagwa said.

Dinson Iron and Steel Company (DISCO) Steel Plant is one of Tsingshan Group of China’s mining projects in Zimbabwe. Tsingshan Group is one of the second Republic’s biggest investors with various other projects such as Afrochine Smelting (Pvt) Ltd in Selous, Mashonaland West which is into chrome smelting and Dinson Colliery (Pvt) Ltd in Hwange, Matebeleland which is into coke production. All these projects are inter-linked as both the ferrochrome and coke are required in the steel production.

Mnangagwa commissions US$1 billion Mhanhize iron and steel project

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Mnangagwa commissions US$1 billion Mhanhize iron and steel project

President Emmerson Mnangagwa yesterday commissioned phase 1 of Dinson Iron and Steel project in Mhanhize which will have an annual turnover of US$600 million.

Rudairo Mapuranga

The Dinson Iron and Steel Company (DISCO) Steel Plant is one of Tsingshan Group of China’s mining projects in Zimbabwe. Tsingshan Group is one of the “second Republic’s” biggest investors with various other projects such as Afrochine Smelting (Pvt) Ltd in Selous, Mashonaland West which is into chrome smelting and Dinson Colliery (Pvt) Ltd in Hwange, Matebeleland which is into coke production. All these projects are inter-linked as both the ferrochrome and coke are required in the steel production.

Speaking at the ground breaking ceremony for the phase one of the project, President Mnangagwa said the project is a game changer and will contribute significantly to economic revival and the achievement of the upper middle income economy.

“I am informed that Capital Investment for this Phase 1 of the project is about USD1 Billion and is expected to have an annual turnover of over USD600 Million per annum. The project is set to employ over 2000 employees during the first phase. At full throttle, the Steel company itself is expected to employ more than 10 000 workers directly while it will create employment for millions of Zimbabweans indirectly through the upstream and downstream industries,” Dr Mnangagwa said.

The President said, the project is in line with the second Republic’s drive to make Zimbabwe a massive infrastructure hub.

“Steel production is quite critical in the development of any nation, particularly in infrastructure development. This project therefore dovetails well with the Second Republic’s massive infrastructure development drive as we seek to revamp and modernize our infrastructure for the benefit of our people. This project, in addition to the ZISCO Steel project which is set to be revived, will produce steel not only for the domestic market but will also service the whole Southern African region and global markets thereby generating foreign currency through exports,” Mnangagwa said.

Speaking at the same event, the Minister of Mines and Mining Development Hon Winston Chitando said the coming in of Mhanhize iron and steel project is in sync with the US$12 billion milestone which focuses on exploration, opening of new mines, expansion of existing ones as well as value addition and beneficiation for the mining sector to fetch a US$12 billion annual revenue by the end of 2023.

“As outlined in the National Development Strategy 1 (NDS1), some of the strategies being employed to grow the mining sector include attracting funding, enhanced exploration, opening of new mines, re-opening of closed mines, expansion of existing mines as well as improve levels of local mineral beneficiation.

“This integrated Iron and Steel manufacturing plant will be designed to manufacture carbon steel by the chemical reduction of iron ore using an integrated manufacturing process. The iron from the blast furnaces is converted to steel in a Basic Oxygen Furnace (BOF) as well as in Electric Arch Furnaces (EAF),” Chitando said.

Minister of State for Mashonaland East Province Senator Apollonia Munzverengi said the province is a clear testimony of the country’s commitment towards value addition and beneficiation of minerals.

“As outlined in the National Development Strategy 1 (NDS1), some of the strategies being employed to grow the mining sector include attracting funding, enhanced exploration, opening of new mines, re-opening of closed mines, expansion of existing mines as well as improve levels of local mineral beneficiation. This project is a clear testimony of our commitment towards value addition and beneficiation of our country’s minerals. I would like to congratulate you, Your Excellency’s visionary leadership which is anchored around growing the mining sector economy to attain the Nation’s Vision of a prosperous and inclusive Upper Middle-Income Economy by the year 2030,” Minister Munzverengi said.

This integrated Iron and Steel manufacturing plant will be designed to manufacture carbon steel by the chemical reduction of iron ore using an integrated manufacturing process. The iron from the blast furnaces is converted to steel in a Basic Oxygen Furnace (BOF) as well as in Electric Arch Furnaces (EAF).

Miners stranded as Bindura provincial office closes for a meeting

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Miners stranded as Bindura provincial office closes for a meeting

Miners and prospective miners across Mashonaland Central Province were left stranded at the Bindura Mines and Mining Development offices as the Provincial office closed for a meeting at 12 pm today.

The miners, some coming as far as Muzarabani a distance of over 200km from Bindura, received the shock of their lives when they visited the office only to find it closed with no prior notification.

According to the miners who were stranded at the office not knowing what to do, the office did not write any notice to miners informing them that the office will be closed early today.

“We came as far as Muzarabani just to find that the Mines office is closed. How can we work like that, at least they should have notified us that the office will be closed today,” the miners said.

“Imagine going to a supermarket or bank only to be told they have closed for a meeting. That’s seriously undermining us, yet we play a pivotal role in foreign currency generation in the country,” said another lamented.

When contacted by this publication, the Mashonaland Central Deputy Provincial Mining Director Mrs Mitchell Ngadya said the offices were closed because they were conducting a meeting.

“We are not allowed to speak to the Media but we were closed because we were having a meeting,” she said.

As the country is headed towards the deadline of the 12 billion dollar mining industry it is not clear why a whole Mines office opted to completely stop business instead of using skeletal staff until their meeting was concluded.

MOSI-OA-TUNYA GOLD COIN PRICE 05 OCTOBER 2022

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MOSI-OA-TUNYA GOLD COIN PRICE 05 OCTOBER 2022

MOSI-OA-TUNYA GOLD COIN PRICE 05 OCTOBER 2022

CURRENCYSELLING PRICE
USD1,800.59
ZAR31,808.19
BWP23,723.22
AUD2,773.98
GBP1,573.81
EUR1,805.65
ZWL1,170,375.58
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