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Search results: Chamber of Mines of Zimbabwe

PGM Sector Grapples with 77% Effective Tax, Power Woes, and Currency Losses — Kwesu

Zimbabwe’s Platinum Group Metals (PGM) sector, a major foreign currency earner second only to gold, is reeling from a combination of suppressed global prices, power supply fragility, and a punishing effective tax burden now estimated at...

“We’re Not Just Digging—We’re Building an Industry” – Lithium producers

Lithium Producers Urge Zimbabwe to Support Value Addition with Fair Policy and Infrastructure Zimbabwe’s lithium sector is not just exporting raw minerals—it is building a future, Chairman of the Lithium Producers Committee and CEO of Sinomine-owned Bikita...

No Environmental Responsibility? Lose Your Mining Title Warns Minister Chitando

Zimbabwe’s Minister of Mines and Mining Development, Hon Winston Chitando, has issued his sternest warning yet to mining operators flouting environmental and legal regulations: follow the law or lose your mining title, Mining Zimbabwe can report. By...

Dedollarisation Needs Mining: Viability and Profitability Must Lead the Way – Mnangagwa

Zimbabwe’s economic strategy of de-dollarisation will only succeed if the mining sector remains viable, profitable, and competitive, Deputy Minister of Finance and Investment Promotion, David Kudakwashe Mnangagwa, told delegates at the 2025 Chamber of Mines Annual...

ZMF to Name and Shame Illegal Chrome Miners as Night-Time Raids Worsen

The Zimbabwe Miners Federation (ZMF) has issued a stern warning to unscrupulous chrome miners who have taken to violating legal mining rights under the cover of darkness, vowing to “name and shame” offenders as a way...

Zim Gold Industry Needs Over US$1 Billion to Reach 100-Tonne Target, Says Gono

Zimbabwe's gold sector has the potential to grow into a 100-tonne-per-year industry, but doing so will require more than ambition—it will demand over US$1 billion in fresh capital, targeted policy reform, and structural changes in how...

Global EV Market Sees Strong Yearly Gains with Zim Lithium Sector Poised for Significant Growth

The global electric vehicle (EV) market continued its upward trajectory in February 2025, posting strong year-over-year growth despite a slight slowdown in monthly sales, according to Adamas Intelligence’s latest report.By Ryan ChigocheThis positive trend comes at...

Global EV Market Sees Strong Yearly Gains with Zim Lithium Sector Poised for Significant Growth

The global electric vehicle (EV) market continued its upward trajectory in February 2025, posting strong year-over-year growth despite a slight slowdown in monthly sales, according to Adamas Intelligence’s latest report. By Ryan Chigoche This positive trend comes at...

Pickstone to Boost Production by 26% with Multi-Million Dollar Investment

Pickstone Peerless Mine, operated by Padenga's gold business, Dallaglio Investment, is set to invest US$15 million to increase its gold production by 26%. By Ryan Chigoche This substantial capital expenditure will fund exploration and expansion projects, marking a...

Golden Valley to Invest Nearly a Million in Plant, Solar for Increased Gold Output

Golden Valley Mine is set to inject US$600,000 into upgrading its processing plant and solar power infrastructure, a move expected to significantly boost production amid rising global gold prices, Mining Zimbabwe can report. By Rudairo Mapuranga The investment,...

Can Miners Survive Another Blow? New 70% Forex Retention Policy Threatens the Sector

As Zimbabwe’s mining sector adjusts to the latest foreign currency retention policy changes, many miners are left questioning how they will manage to stay afloat under the new rules, Mining Zimbabwe can report.By Rudairo MapurangaThe Reserve...

Will Rising Challenges and New Tax Burdens Affect the Projected 140% Investment Surge in 2025?

The Zimbabwe mining sector is set to experience a remarkable 140% surge in capital investments in 2025, with projected spending expected to reach US$495.94 million, up from US$206 million in 2024. This sharp increase is largely...

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