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Search results: Chamber of Mines of Zimbabwe

Resource sector confident of meeting 2022 growth targets

The resource extraction sector is confident of attaining the 2022 growth projections of 8 percent as long as Government provides major enablers and immediately resolve matters that weigh down on the miners’ performance.The sector is estimated...

Govt focuses on private sector-led mining growth

The Mines and Mining Development Ministry budget allocation of $3 billion, approximately  US$3 million at last auction rate, points to the Government’s desire for a private sector-led mining sector growth.The sector is estimated to grow 3,4...

US$50 million funding for gold miners

Fidelity Printers and Refiners (FPR) is eying the government to budget US$50 million into the gold sector through the Gold Development Initiative Fund (GDIF) in an effort to achieve the US$4 billion gold sector by 2023. Rudairo...

State of mining industry report

A COUPLE of weeks back, Zimbabwe Chamber of Mines published its state of the mining industry survey report looking at issues faced by the industry and prospects for 2022.To ensure objectivity, the Chamber states that its...

Miners demand an upward review of forex retention to 80%

Large scale mining companies have said that foreign exchange retentions at 60% are inadequate to meet their operational requirements with the value of surrender potion that is liquidated into local currency at the official rate being...

CoMZ State of the Mining Industry Report Overview

The Chamber of Mines yesterday released the State of the Mining Industry Report, Prospects for 2022 which shows increased confidence in the sector’s outlook by mining executives. The report, which comes out annually, gives an insight into...

ZMF CEO to Speak at Uganda’s (UCMP) annual conference

Zimbabwe Miners Federation (ZMF) Chief Executive Officer Mr Wellington Takavarasha is set to speak at the Uganda Chamber of Mines and Petroleum (UCMP) 10th annual mineral conference. Rudairo Mapuranga The event will be held under the theme, leveraging public...

24.5% wage hike insult to miners – ZDAMWU

Zimbabwe Diamond Allied and Minerals Workers Association (ZDAMWU) has described the recent 24.5% wage hike to miners as an insult. Shantel ChisangoZdamwu's argument is that the Chamber of Mines reported profits in all sub-sectors in minerals being...

Interview: Coburn Katanda

A Mine is a complex business to run as it requires careful planning and flawless organization to function smoothly. This month Mining Zimbabwe interviewed the President of the Association of Mine Managers in Zimbabwe (AMMZ) Mr...

BREAKING: Unki chairman James Maphosa dies

Anglo American country Chairman and former Chamber of Mines President Mr James Maphosa has died. Maphosa passed away yesterday.Walter Nemasasi the General manager at AngloAmerican Platinum confirmed the sad development. Anglo owns Unki mine.Meanwhile, condolence messages...

ZESA announces tough 12-hour load shedding

Zimbabwe’s power utility has announced a drastic loadshedding schedule, due to breakdowns and refurbishments at its two main power plants.Dam wall rehabilitation at Kariba will lead to 12-hour power generation cuts, at a time breakdowns at...

Mine workers push for 270% salary hike

THE Zimbabwe Diamonds and Allied Workers Union of Zimbabwe (ZDAMWU) is pushing for a 270% salary increase that would see the least paid worker pocketing at least $65 000 per month.They are currently earning $24 000.In...

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