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Search results: Pickstone Peerless Mine
Mining ups the ante
The $12 billion mining sector by 2023 target might have sounded to some like a mirage or mere wishful thinking by an exuberant Government, but as days and months unfold, this is slowly becoming a reality,...
Large scale mining operations in Zimbabwe
Large scale mining operations in Zimbabwe...
Zimbabwe’s mining industry has become the leading horse towards the resuscitation of the economy.Rudairo MapurangaThe mining industry has of late become the country’s largest foreign currency earner with nickel, gold and...
Eureka conduct first blast to signal reopening
The first open pit blast has been successfully detonated at Eureka Gold Mine ahead of production resumption, Dallaglio Investments have said.Reconstruction works at the mine were commissioned by President Mnangagwa in 2018 as part of a...
Padenga acquires 50,1 stake in Dallaglio
The Competition and Tariff Commission (CTC) has approved Padenga Holdings’ acquisition of a 50,1 percent stake in gold mining company Dallaglio Investments, in a move expected to boost the group’s earnings.
The group made the announcement at...
Vast, Katanga new agreement for Marange project
Aim listed Vast Resources plc and Katanga Mining (pvt) Ltd formed a new agreement for the development of Vast's Heritage concessions in the Marange Diamond Fields of Zimbabwe.To manage and hold the interests of Vast Resources...
Brown Engineering Group – A passion for delivery
Brown Engineering Group, a proudly Zimbabwean company, is wanting to make it known that they have diversified from their roots in the agricultural industry and applied this knowledge base into the mining sector. The Group sees...
Mimosa, Shamva win 2025 National first aid competitions
Mimosa and Shamva have won the 2025 Chamber of Mines of Zimbabwe (CoMZ) National First Aid Competition held earlier today at Shamva Mine.Shamva won the surface competition, scoring 931 points, followed by Chiyadzwa Processing, who scored...
Padenga Banks on Surging Gold Prices to Slash Debt by Year-End, as They Scout for More “Golden” Opportunities
Zimbabwean mining and agribusiness group Padenga says it is banking on the strong rally in gold prices to eliminate its debt before the year closes, while also being on the lookout for new opportunities to expand...
Dallaglio’s Pre-Tax Profit Soars 350% Driven by Sales Volume Growth
Dallaglio Investments delivered a stellar financial performance in 2024, reporting a 350% increase in pre-tax profit to US$42.18 million, sharply up from US$9.38 million in 2023, as revenue also surged 53% to US$192.53 million in the...
CBZ Commits US$254 Million Despite Mining Sector Risk, Eyes Bigger Role in Funding Gap
One of Zimbabwe’s largest financial institutions, CBZ Holdings, says it has invested a substantial US$254 million into the country’s mining sector — a bold commitment made in the face of perceived high sectoral risks and persistent...
Gold as a Strategic Investment: Resilience, Diversification and Long-Term Growth
Gold has long been a cornerstone of well-diversified investment portfolios, offering a combination of stability, growth, and risk mitigation. The World Gold Council emphasizes gold's unique characteristics, making it an essential asset for investors seeking to...
AMMZ Elections: Engineer Abel Makura Re-elected as President for the 2024-25 Term
Engineer Abel Makura was re-elected as the President of the Association of Mine Managers of Zimbabwe (AMMZ) for the 2024-25 term. The election took place during this year’s AMMZ Annual General Meeting (AGM) held at the...
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