Search results: Chamber of Mines of Zimbabwe

THE Government needs to raise the foreign currency retention rate of 12 percent that is remitted by mining companies to a more robust 50 percent. Such a move would invigorate the economy and spur the growth...

Electricity cuts have been a persistent issue in Zimbabwe for a long time now, and they continue to pose a significant threat to the nation's mining industry. The country's mining sector is a crucial contributor to its...

Zimbabwe's gold output for the first quarter ending 31st of March 2023 declined compared to the same period last year.This was partly attributed to incessant rains that engulfed the country.In a statement, Fidelity Gold Refinery (FGR)...

Zimbabwe's mining industry, which is critical to the country's economy, has been hit hard by electricity challenges. The energy crisis in Zimbabwe has been ongoing for some years, and this has seriously affected the country's mining sector....

The Association of Mine Rescue of Zimbabwe has commissioned the Shamva Gold Mine Fresh Air team into the national body which specializes in mining rescue to ensure that fatalities in mining are on the decrease as...

Caledonia Mining Corporation PLC said it has completed the acquisition of Bilboes Gold Limited, the parent company which owns, through a subsidiary, the Bilboes gold project in Zimbabwe.Kelvin SungisoIn a statement, Mark Learmonth, the company's chief executive officer, said:...

Today President Emmerson Mnangagwa commissioned the central mine shaft at Blanket Mine which is part of Caledonia Mining Corporation's US$150 million investment into the Gwanda-based gold mine.US$67million went into the construction of the central shaft, while...

While the Mining industry races to reach annual revenue of US$12 billion by the end of 2023, the 60% foreign currency retention for large-scale producers might be a major cause to upset the achievement of the...

Zimbabwe will not rush to use mineral reserves under a new policy that compels miners to pay half of their royalties in commodities to settle its foreign debt of US$13.2 billion.“We want to focus first on...

Miners have saluted the continued improvement of services offered by the country's sole gold buyer and exporter, Fidelity Gold Refinery (FGR) which has seen gold deliveries increasing significantly.Speaking at the Parliamentary Portfolio Committee on Mines and...

Gold project funding and the creation of a reliable policy framework were key takeaways at Today's All Stakeholders Workshop on the Gold sector Value chain. The Parliamentary Portfolio Committee on Mines and Mining Development is currently in...

The need to see local equipment and consumable manufacturing growing to satisfy the ever-rising mining industry highlighted Mine Entra's official opening conference.Rudairo MapurangaThis year's Mining Engineering and Transport Expo (Mine Entra) which ran under the theme...