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Search results: Mine Entra 2024

Ncube Projects 5.6% Growth for Mining Sector on the Back of Improved Commodity Prices

Zimbabwe's 2025 National Budget, presented by Finance and Investment Promotion Minister Mthuli Ncube, projects a 5.6% growth in the mining sector, driven by an anticipated surge in global commodity prices.By Ryan ChigocheThis marks a sharp recovery...

Caledonia Issues US$0.14 Dividend

Multi-listed, gold-focused miner Caledonia Mining Corporation has approved a 14 United States cents dividend for the quarter ending September 30, 2024, Mining Zimbabwe can report.By Hazel GaraFor a consecutive quarter since October 2021, the gold mining...

Global Mining Trends

As the global mining industry advances, several key trends and forecasts are shaping its direction, especially around critical minerals, Platinum Group Metals (PGMs), and gold.By Rudairo MapurangaThese shifts are driven by the rise of renewable energy...

Govt to continue with 5% Tax on Unrefined Platinum Exports in 2025

In a setback for Platinum Group Metals (PGM) miners, the Zimbabwean government has announced that it will move forward with the implementation of a 5% tax on unrefined platinum exports starting in January 2025, despite the...

Contango Secures $20M for Muchesu Coal Project

London Stock Exchange-listed mining and exploration company Contango Holdings has made significant strides in developing its 2.6-billion-tonne Muchesu coal project in Zimbabwe. It has secured a US$20 million Revolving Facility Agreement (RFA) from its new majority...

Gold Export Surge Fails to Curb Growing Trade Deficit in September

Despite a 40.2% surge in gold output in August, up from 37.9% in the previous month, Zimbabwe's trade deficit widened by 4.2% in September, reaching US$207.6 million, up from US$199.1 million in August, according to the...

GSZ Summer Symposium to Unveil Cutting-Edge Trends in Geological Exploration

The Geological Society of Zimbabwe (GSZ) Summer Symposium 2024 is set to be a pivotal event, showcasing the latest trends in geological exploration.By Ryan ChigocheThe symposium, which will take place on November 1, 2024, at the...

Unki Production Increases, but Not Enough to Boost Anglo

Local Platinum Group Metals (PGM) producer Unki Mine recorded a 3% increase in production for the third quarter ending September 30, 2024, while its parent company, Anglo American Platinum, experienced a 10% decline in output due...

Lithium Producers in Talks with Govt on Reasonable Beneficiation Timelines

Lithium producers in Zimbabwe are collaborating with the Ministry of Mines and Mining Development to establish realistic timelines for beneficiation, amid declining prices in the lithium industry.By Ryan ChigocheTo curb the export of low-value ores, the...

Fidelity Gold Refinery Targets a Record 40 Tonnes of Gold Deliveries in 2025

Fidelity Gold Refinery (FGR), Zimbabwe's sole gold buyer and exporter, has set an ambitious target of 40 tonnes of gold deliveries for 2025. This goal builds on the company's strong performance in 2024, during which it...

ZMF Praises Government Efforts, Advocates for Sustainable Mining

The Zimbabwe Miners Federation (ZMF) has commended the government's efforts in supporting the mining sector and has called for continued commitment to sustainable mining practices, Mining Zimbabwe reports.By Rudairo MapurangaSpeaking at the ZMF small- to medium-scale...

Local Mining Suppliers Urged to Step Up and Support Sector Amid Geopolitical Shifts

As the global mining landscape continues to evolve amid geopolitical shifts, local suppliers facing increasing pressure have been urged to enhance their capabilities and remain competitive in order to support the local mining sector.By Ryan ChigocheThese...

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