Search results: diamond

The government of Zimbabwe has been urged to urgently implement the extractive industries transparent Initiative (EITI) by the Zimbabwe Environmental Law Association (ZELA) to promote openness and accountability.In a petition, Zela and different stakeholders said they...

Mid-tier Canadian miner B2Gold on Friday dismissed reports indicating it was mulling the acquisition of an idled gold mine in Zimbabwe, emphasizing it was not currently interested in any mergers or acquisitions.Chief executive Clive Johnson reiterated B2Gold’s...

The collateral for African Export-Import Bank’s $500 million loan to Zimbabwe is a mine that hasn’t been dug yet, people familiar with the matter said.The loan, which will be paid over four years when production starts,...

Zimbabwe Mining is beginning to recover after decades of isolation caused by the draconian laws of indigenisation that had the “jewel of Africa” be labelled as a no-go area for investment. As the current President took...

ZCDC has fired seven executives with immediate effect. This move comes after serious accusations of corruption and mismanagement of resources.This move will likely get applause from Zimbabwe as it will be seen as a step in...

One of Zimbabwe’s leading gold and diamond producer, RioZim which recorded a net loss of USD 2.3 million against a net profit of USD 8.1 million achieved in the prior year, blames government's position on currency...

One of Zimbabwe's leading mining group, RioZim reported a net loss of USD2,3 million in the year ended December 2018 from a net of USD8,1 million the previous year due to a 13 percent decline in...

Four suspected armed robbers accused of robbing diamond ore from Chiadzwa after working with rougue members of the ARMY and POLICE were granted bail by High Court judge Justice Hlekani Mwayera.Foster Mukwada (44) from Mhandu village...

Government will, in the next few weeks, announce at least two more investors that are expected to deploy huge foreign capital in the country’s platinum sector as scores of local and foreign investors fall in love...

The Zimbabwe investment environment has been coupled with a lot of issues ranging from mistrust between Government and investors (mostly foreign) emanating from transgressions of the past.This comes out from how Government treated investors in the...

These are the ten most influential individuals in the Zimbabwe Mining Industry in 2019. (1) Ben MagaraZimbabwe-born Lonmin Chief executive officer and director Ben Magara has been named among the top 10 most influential men in 2014...

PRODUCTION at Chinese firm, Ming Chang Sino-Africa Mining Investments’ lime factory in Bubi District, Matabeleland North came to a halt last week after an acrimonious row between management and its employees over poor working conditions and...