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Exploration key in achieving US$12 billion mining industry

The issuance of Exclusive Prospecting Order (EPOs) for the country to discover world-class deposits is of paramount importance for the mining industry to achieve the President’s projected US$12 billion mining annual revenue by 2023.Rudairo MapurangaThe mining...

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,...

Major mining projects coming on stream

Gold mining companies have asked Government to facilitate access to loans needed to increase production and ensure the country achieves its targeted 100-tonne output by 2030.The metal is Zimbabwe’s second-biggest export earner after platinum.Both gold and...

Mining loans needed to realise 100t gold target

MINES and Mining Development Minister, Winston Chitando, says the target of producing 100 tonnes of gold is achievable but producers need improved access to alternative sources of financing such as loans.As the Government drives towards the...

Mining industry on right path — Govt

THE mining industry is on the right path and has made significant progress towards attaining a US$12 billion industry by 2023, with key contributors making huge strides in the production matrix.Government envisages a US$12 billion mining...

Chitando speaks on USD 12 BILLION target, teething mining sector problems

Government has set an ambitious target in which the mining sector will generate US$12bn annually by 2023.Business Times reporter Mona-Lisa Dube (MD) caught up with the Mines and Mining Development minister Winston Chitando (WC) and discussed the...

Caledonia targets more gold claims

New York Stock Exchange listed resources firm, Caledonia Mining Corporation, is targeting more gold claims in Zimbabwe as the resources firm expands its footprint on the local market.The development comes after Caledonia, which operates Blanket Gold...

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...

Caledonia increases quarterly dividend

GOLD producer, Caledonia Mining Corporation, has resolved to increase its quarterly dividend to shareholders again riding on improved performance and confidence in the business outlook.Last year, Caledonia’s total annual haul hit close to 58 000 ounces...

Caledonia commissions US$67m Blanket mine shaft

Caledonia Mining Corp. has started operations at its US$67 million Central Shaft at Blanket Mine, the company announced on Tuesday.The shaft, which has taken six years to complete, was wholly funded through internally generated cash and...

Expansion prospects excite Caledonia

New York Stock Exchange-listed concern, Caledonia Mining Corporation, has encountered impressive signals in gold exploration works that the miner is carrying out in the country. The impressive initial results, come at a time when the miner is...

Caledonia  surpasses gold production target again

Caledonia Mining Corporation's Gwanda based miner, Blanket Mine has exceeded its yearly production target after recording total gold production for 2020 of 57,899 ounces.The company had targeted to produce between 53 000 and 56 000 ounces...

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