Located 7km from Masvingo City along the Bulawayo Highway, is one of the fastest growing mining firms in the province that is into quarry extraction and taking advantage of the construction boom in the country’s oldest town. Masvingo Brick and Tile PVT Ltd, a mining company ...
The Reserve Bank of Zimbabwe (RBZ) has availed RTGS$21,7 million to assist women and youths in small-scale mining to boost their operations. Speaking recently in Gwanda during a workshop for small-scale miners in Matabeleland South Province, RBZ deputy director at the Bulawa...
THE defunct steel manufacturing firm, Zisco, is still paying over 1 700 former workers two months’ salary as per the July 2018 Labour Court ruling as the company seeks to offset employees’ outstanding salary arrears. Public Service, Labour and Social Welfare Deputy Minister,...
PROSPECT Resources (Prospect) says it reported a loss after tax of $4,135 million during the half year ended December 31, 2018 compared to a $2,640 million recorded in previous period. The Australia Stock Exchange-listed firm said explorations costs at its flagship Arcadia L...
CALEDONIA Mining Corporation registered a 4% increase in after tax profits to US$21,42 million in the full year to December 2018 compared to US$20,61 million in 2017, despite a fall in production. Chief executive officer Steve Curtis said this was mainly due to “an increase ...
AIM-listed mining group, Caledonia Mining Corporation, is optimistic that the introduction of the inter-bank foreign currency exchange market in February will help stabilise business operations and assist the company to yield more profits. The chief executive officer, Mr Ste...
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