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Miners request at least 80% forex
MINE workers and the Chamber of Mines have agreed to approach the government and table a request for the sector to get at least 80% of their foreign currency earnings, businessdigest has learnt.This comes at a...
ZIMBABWE MINING PERFOMANCE IN 2018 AND OUTLOOK
ZIMBABWE’S mining industry has remained vibrant despite the county’s economic challenges, earning the country US$2.2 billion in the first 10 months of the year.
Staff Reporter
The top six minerals that contributed the bulk of export earnings were...
TSP advocates for formalisation of mining
GOLD panning has been a major source of livelihood for thousands of artisanal miners who trekked to numerous mineral rich areas across the country. Notwithstanding hardships faced by artisanal miners, there have been some that were...
Gold prices decline
Gold prices inched lower yesterday as the dollar held firm below a 19-month peak on safe-haven demand amid concerns of a global economic slowdown, and as investors awaited cues on US interest rate hikes from a...
Moti Group addresses concerns of wrestling claims from ASM
The Moti Group (MG), a mining company owned by the South African business magnate, Zunaid Moti, has begun addressing concerns raised by a section of small-scale chrome miners who accused the company of indirectly trying to...
Can Zimasset be revived?
Zimbabwe Agenda for Sustainable Socio-economic Transformation (Zimasset) blue print was crafted to create hope in the recovery of Zimbabwe’s economy from the jaws of economic colonisation; it aimed at improving the lives of the common people...
Top Ten operating mines in Zimbabwe 2018
For the past decade, the country’s mining sector has been facing a myriad of challenges ranging from fluctuating
global mineral prices, subdued working capital and above all brain drain due to prevailing economic challenges.However, despite the prevailing...
Four reasons why ASM decline in gold delivery.
Artisanal and Small Scale Miners (ASM) for the better part of the year have been the biggest producers of gold until this November when their delivery to Fidelity Printers and Refiners (FPR) declined by almost 44...
Chitando invites back De Beers
De Beers and Vast Resources will be allowed to explore for diamonds in Zimbabwe, which would make them the first listed companies to mine there in that sector for two years, Mining Minister Winston Chitando said.
A spokesman for...
Chitando invites back De Beers
De Beers and Vast Resources will be allowed to explore for diamonds in Zimbabwe, which would make them the first listed companies to mine there in that sector for two years, Mining Minister Winston Chitando said.
A spokesman for...
Is gold the answer to Zimbabwe currency woes?
Damned if you do, damned if you don’t, that’s just how Zimbabwe has been grappling with the dilemma of whether its own money should return earlier or not. Or rather be shelved for much longer, until...
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