Search results: Chamber of Mines of Zimbabwe

ZIMBABWE has paid an excess of US$1,2 billion towards power imports in the last 10 years amid calls by the power utility, Zesa, for Government to consider channelling these resources to facilitate the offtake of new...

The protection of workers remains a priority for mining companies as zero harm policies continue to gain traction.Rudairo MapurangaThe mining industry in Zimbabwe has taken necessary measures to see through the achievement of the zero-harm mantra.The...

The Zimbabwe Diamond, Allied and Mineral Workers Union Zdamwu) has described as peanuts the 108% salary increase approved by the National Employment Council, Associated Mine Workers Union of Zimbabwe (Amwuz) and the Chamber of Mines of...

The National Employment Council (NEC) for the Mining industry has published the rates of pay for the period April to 31 December 2022.The new minimum rates of pay for grades 1-13 were agreed upon in dual...

Gold deliveries to the country’s sole buyer and marketer, Fidelity Printers and Refiners (FPR) rose 88% to 10.176 tonnes in the first four months of this year from 5.4 tonnes delivered during the same period last...

Zimbabwe’s uncompetitive formal market could derail the government’s ambitious  gold mobilisation programme as compliance will be low, the Chamber of Mines of Zimbabwe has said.This  week the government launched the gold mobilisation programme as part of efforts to...

It came after gold deliveries   for the period under review jumped 92% to 7.695 tonnes from 4.016 tonnes in the comparable period.The Reserve Bank of Zimbabwe (RBZ) governor John Mangudya told Business Times that the spike in international gold...

Zimbabwe’s mining industry is engaging the government over the volatile operating environment which has pushed most of the resources firms to the brink.The multibillion dollar industry, projected to grow by 8% this year, is the country’s...

Diamond production is expected to rise 19% this year to 5m carats  from 4,2m  achieved last year due to the  opening up of the world economies following the slowing down of the Covid-19 pandemic.The improvement in production is also...

Zimbabwe’s gold export revenue more than doubled in the month of February  to US$134,99m  from US$66,18m achieved in the prior comparative period on the back of increased output and firming  prices, Business Times can report.Gold delivered to the country’s sole buyer...

Zimbabwe’s mining sector is anticipating to benefit from elevated commodity prices  in the international market  this year with the Russia-Ukraine conflict playing a more prominent role in driving up prices.Export receipts are expected to hit US$6bn  this year as...

Zimbabwe’s mining industry is engaged in discussions with the government over the punitive tax burden and retention levels, the Mines and Mining Development minister Winston Chitando has said.Miners have been pushing for an option to pay...