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Search results: gold prices
Zim might not benefit from palladium boom
Zimbabwe will have to review platinum group of metals royalties, if it is to fully benefit from the price boom that has been witnessed for palladium, observers have said. Palladium, which for long played second fiddle to...
Confidence among mining executives shrink
Confidence among mining executives in Zimbabwe has dipped further this year, hit by worries over power cuts, the foreign currency crisis and an uncertain policy outlook, a new industry survey shows.The Mining Business Confidence Index (MBCI),...
PGMs sparkle as mineral output drops
Zimbabwe registered declines in most minerals in the second quarter of this year on the back of worsening power outages, against the backdrop of persistent fuel challenges, foreign currency shortages, and rising inflation, among other factors.However,...
Humps along $12bn journey
On Monday, Zimbabwe unveiled a strategic roadmap to propel the country’s mining sector to US$12 billion industry by 2023. Already, the mining sector is the largest foreign currency earner, accounting for 70 percent of export receipts.The...
Chinese nationals and senior government officials implicated in Chrome smuggling
A complex syndicate involving some Chinese nationals and senior government officials is at the centre of chrome smuggling in Zimbabwe through under declaration of volumes, which have prejudiced the state of millions of dollars in taxes...
Hunt for palladium sends SA miners abroad
JOHANNESBURG. — Southern Africa is home to the world’s richest platinum deposits, but when Impala Platinum Holdings pondered how to invest its windfall profits it chose North America instead.The acquisition of North American Palladium is partly...
SI213 of 2019 effects on Miners and Suppliers
ON Saturday the whole nation woke up to the news that pricing of goods and services in foreign currency is now illegal and heavy penalties will be imposed to defaulters. This comes after Statutory Instrument, SI212...
Fidelity needs to up its game
The country's legal gold buyer and exporter Fidelity Printers and Refineries’ gold buying prices are unarguably becoming competitive in the market, however, it is failing to attract more artisanal miners on board due to different reasons...
Ten things that might hinder the performance of the mining sector in 2019
The mining sector in Zimbabwe has been predicted to be the economic resuscitator of the once giant economy in Africa.By Rudairo Dickson MapurangaThe president of Zimbabwe is optimistic that the mining sector will take a leading...
Top ten most promising individuals in the Mining sector under the age of 45
The mining sector in Zimbabwe is now being driven mainly by young people. This new generation is now taking over from the likes of popular David Murangari, Winston Chitando among others who are now approaching their...
Taxes, indigenisation and transparency: How Mthuli’s new fiscal regime impacts on Zimbabwe mining
Open for business? Totemic. That is the word which perhaps aptly sums up the potential of Zimbabwe’s huge and diverse mineral wealth to propel the country’s socio-economic development agenda. Early this year, the Minister of Finance...
Zimbabwe Mining sector Liberisation
Mineral sector reform has brought mining back to Africa aided by price rises in the early 2000s impacting on investment, growth and poverty reduction and there are no indications that price trends will decline to previous...
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