Search results: Chamber of Mines of Zimbabwe

THE Chamber of Mines of Zimbabwe (CoMZ) says engagements with the Government are ongoing to ensure mining houses receive sufficient foreign currency to meet their import requirements.The mining industry is one of the economic pillars expected...

Zimbabwe’s multi-billion-dollar mining sector has been granted the nod to pay part of their royalties, taxes and rural district council levies in local currency in a major boost for the capital intensive sector.The sector contributes over...

Zimbabwe miners say the increase in the export surrender requirement to 40% is hurting production, resulting in serious shortfalls as they battle to sustain operations in the capital-intensive sector.The mining sector generates more than 60% of...

Zimbabwe should brace for a dry year as the coronavirus pandemic enters its deadliest phase yet, hitting the mining sector, one of the country’s leading forex earners, players in the mining sector warned this week.They project...

Covid-19 containment strategies that were activated in different parts of the world have had very little if any effect on Zimbabwe’s march towards the US$12 billion mining industry target, Mines and Mining Development Deputy Minister Hon...

Gold mining investors are pressuring Zimbabwe to change a law forcing producers to sell their output to the central bank, which partly pays them in local currency that’s worthless outside the country.That law is making it...

NEC Mining Pay rates October to December 2020This notice serves to bring to your attention that the following new minimum rates of pay for grades 1-13 were agreed upon in dual currency (US Dollars & ZW...

Zimbabwe's gold and platinum sectors have shown resilience to the Covid-19 pandemic operating at full capacity in the first six months of the year, an official has said.Benard RinomhotaSpeaking during the 2020 MineEntra virtual meeting , the...

The Chamber of Mines of Zimbabwe (CoMZ) has bemoaned policy inconsistency by the government saying this can scuttle efforts to attain the envisaged US$12 billion mining industry economy by 2023.Benard RinomhotaTowards the end of last year,...

Prospects of Zimbabwe’s economic recovery in the short to medium appears gloom after local mining firms continued battling rising costs, narrowing margins, and subdued commodity prices on the international market, analysts and experts have said.Mining is...

Mining companies are being forced to adjust their operations so as to remain afloat despite the threat of Covid-19, as well as keeping focused towards attaining the US$12 billion mining economy by 2023.In launching the strategic...

Zimbabwe’s mineral exports marginally dropped by 3% to US$799,6 million in the first four months of the year, largely weighed down by gold as well as nickel ores and concentrates, data gathered by Mining Zimbabwe Magazine shows.By Dumisani...