Search results: Chamber of Mines of Zimbabwe

Government has put in place a host of measures to boost gold production starting this year as it angles the sector to contribute significantly towards the attainment of national vision 2030, Mines and Mining Development Minister...

Workers in the mining sector have been awarded between 46% and 50%  wage increase which will see the lowest employee earning ZWL$45 000 from ZWL$30 000 a month following a recent agreement between the Associated Miners Workers...

MINING companies are more bullish of prospects this year as compared to 2021, raising expectations of another robust performance from the sector.However, they say they are losing half the value of the portion of export earnings...

Zimbabwe’s mining industry wants to wholly pay royalties, taxes and other levies in local currency to improve the viability of the sector amid revelations they are struggling to find takers for the local currency.Currently, the miners...

The value of gold receipts  jumped 180% to US$167.5m in January  this year  from US$59.9m reported in the same period last year on the back of increased output and firming prices.Gold deliveries to the country’s sole buyer and marketer...

Zimbabwe’s operating environment remains vulnerable to both internal and external shocks that may have negative impact on key economic enablers, according to Fitch Solutions, a leading global economic research firm.The research company in a summary report...

Zimbabwe’s mining companies need over US$5bn to recapitalise their operation in 2022 to ramp up production and reach optimum levels, the Chamber of Mines of Zimbabwe has said.It is expected that when fully capitalised,  Zimbabwe will reach...

Elton Gwatidzo was yesterday elected the Association Of Mine Managers of Zimbabwe (AMMZ) President taking over from Tharisa's Engineer Coburn Katanda at the Annual General Meeting (AMMZ) held at Caribbea Bay Resort, Kariba.Kelvin SungisoZimbabwe Consolidated Diamond...

SEVENTY percent of top executives running the country’s major mining companies have painted a gloomy picture of the operating and investment climate for the sector in the coming year despite projecting a bullish economic outturn, a...

ZESA Holdings has threatened to switch off mining houses over a US$37 million legacy debt, which it blames for crippling the power utility’s operational efficiency. Vongai Mbara  Speaking during the recent launch of the 2021 Mining Industry Report...

Local platinum miners are seeking tax holidays on beneficiation projects to stimulate investments into the sector, a recent report says, citing views from a survey of industry executives.  Vongai MbaraThe same concerns have been raised by Lithium...

The National Employment Council (NEC) for the Mining industry has published the rates of pay for the period July 2021 to 31 December 2021.The new minimum rates of pay for grades 1-13 were agreed upon in...