Search results: Gold deliveries

IMPROVED production and increase in mineral prices has heightened the Government’s confidence to have the sector achieve the US$12 billion mark in the next three years.In the country’s economic blueprint, the Transitional Stabilisation Programme (TSP), mining...

Mining companies are being forced to adjust their operations so as to remain afloat despite the threat of Covid-19, as well as keeping focused towards attaining the US$12 billion mining economy by 2023.In launching the strategic...

Some Zimbabwean mining companies have halted expansion projects due to lack of capital with most financiers now demanding offshore collection accounts as guarantor for funding citing high country risk profile, the Chamber of Mines has said. In...

Zimbabwe’s small-scale chrome miners have been hard hit by the unpropitious effects of Covid-19 pandemic with a few that are still operating reportedly being paid between US$30 and US$35 per tonne.The small-scale chrome miners were before...

ZIMBABWE’S ongoing power shortages contributed to at least 20% output losses to the country’s mining sector, the 2019 third quarter treasury bulletin published by the Finance Ministry has reported.Alois VingaThe bulletin acknowledged that the majority of...

Zimbabwe’s target to hit US$12bn a year from mining revenues, starting 2023, appears a mere pipe dream if the sectors’ performance this year is anything to go by. In the absence of a miracle which turns...

GOVERNMENT should speed up the amendment process to the Mines and Minerals Amendment Bill to create a proper legal framework that will address sticking issues in the mining sector, small-scale miners lobby body, the Zimbabwe Miners...

LISTED resources group RioZim has resumed operations at its three gold mines after receiving arrear payments from the central bank.Last week, the miner shut down operations at its Renco, Cam and Motor and Dalny mines for the second...

In November the Parliamentary Portfolio Committee on Mines and Mining Development advised that the government strip off Fidelity Printers and Refiners (FPR)on their position as the only legal gold buyer and exporter to promote competition, in...