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Search results: Victoria Falls Stock Exchange

Caledonia to commence VFEX listing by Dec 1

CALEDONIA Mining Corporation, the parent company for Blanket Mine, will debut trading on the Victoria Falls Stock Exchange (VFEX) on December 1, 2021, becoming the third listing on the USD-denominated bourse.The VFEX is a subsidiary of...

Mines troop to VFEX

GOVERNMENT says several mining firms have indicated plans to list on Zimbabwe’s year-old bourse, the Victoria Falls Stock Exchange (VFEX).VFEX, which exclusively trades in foreign currency, has largely disappointed, having secured only two listings since its...

Gold incentives lift output

INCENTIVE schemes announced early this year to boost gold deliveries to the State-run Fidelity Printers and Refiners (FPR) have bolstered shipments into the formal market, Reserve Bank of Zimbabwe (RBZ) governor John Mangudya said on Friday,...

FPRunbundling to drive gold industry

THE Zimbabwe Environment Law Association (ZELA) says plans by the Government to unbundle Fidelity Printers and Refiners (FPR) has potential to improve local beneficiation and investments in the gold sector.FPR is in the process of being...

Eureka in first gold smelt

Eureka Gold Mine, located near Guruve, is now operational after decades of inactivity and management expect to ramp-up to full production in the coming months.The gold mine was forced to shut operations after running into viability...

Padenga pours US$50m into gold mine

VICTORIA Falls Stock Exchange (VFEX) listed company, Padenga Holdings Limited, has invested US$50 million in Eureka Gold Mine with the Guruve-based mining project set for opening this month.Eureka was forced to shut operations after running into...

VFEX listing to boost Padenga’s gold business

Diversified company, Padenga Holdings’ pivot to gold will get a boost by its listing on the Victoria Falls Stock Exchange (VFEX) particularly with regards to the higher export retention incentive, analysts say.  Emerging challenges and weakness in...

VFEX listing to ignite Dallaglio spending spree

PADENGA Holdings’ mining operation, Dallaglio will be the most immediate beneficiary of a planned listing on the underachieving Victoria Falls Stock Exchange (VFEX), Inter Horizon Securities (IHS) said at the weekend, giving the deal the thumps...

Mines boss extends olive branch to govt

THE Chamber of Mines of Zimbabwe (CoMZ) incoming president, Colin Chibafa said he was determined to work with authorities to tackle problems undermining growth in the sector.Chibafa, the Unki Mine chief finance officer, outlined his game...

New incentive package to reward Zim companies that grow exports

Zimbabwean exporters will be rewarded for exporting more, under a raft of new incentives announced by Finance Minister Mthuli Ncube on Monday.Exporters, including miners, currently keep 60% of their foreign earnings in hard currency, while 40%...

Zim aims to attract global capital on VFEX for mining sector

The Zimbabwe government is looking forward to enticing global capital largely from the mining industry through the Victoria Falls Stock Exchange (VFEX) which is expected to start operating this week, the Minister of Finance and Economic...

Invictus plans VFEX listing for Muzarabani project

The confirmation of commercially viable oil and gas deposits in Zimbabwe will be an energy sector and economic game changer for the country and its economic revival prospects, Australia Stock Exchange listed mining concern – Invictus...

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