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RioZim in Crisis as Gold Output Plunges 54%, Company Seeks Lifeline from Investors
RioZim, once a dominant player in Zimbabwe’s gold sector, has hit a new low. The mining firm’s gold output fell by a staggering 54% in 2024, just as other companies are thriving thanks to record-high gold...
Zim, China’s Hunan Province to Deepen Collaboration in Exploration, Value Addition and Mining Infrastructure
Zimbabwe is set to strengthen strategic cooperation with China’s Hunan Province in the areas of mineral exploration, value addition, and the development of value chain infrastructure, as both parties seek to unlock the full potential of...
Zimbabwe’s Q1 Mineral Export Volumes Increase, but Revenue Declines on PGM woes
Zimbabwe’s mineral exports grew by 16% in volume during the first quarter of 2025, but earnings dropped sharply by 27% compared to the same period last year, the Minerals Marketing Corporation of Zimbabwe (MMCZ) has reported.
By...
ZIMASCO Wins Crucial Relief Against Manase in Corporate Rescue Battle
Ferrochrome producer ZIMASCO (Pvt) Ltd has scored a major victory in its ongoing corporate rescue wrangle, after Supreme Court Judge Justice Tendai Uchena granted interim relief barring lawyer Wilson Manase from posing as the company's corporate...
ZimAlloys’ Revival to Drive Zimbabwe’s Chrome Production Growth in 2025
Zimbabwe’s chrome production is projected to rise to 2.7 million metric tonnes in 2025, up from 2.5 million metric tonnes in 2024, as key industry player ZimAlloys, under Kuvimba Mining House, revitalizes its high-carbon ferrochrome plant...
Court Dismisses Afrochine Smelting’s Appeal in ZIMRA Tax Dispute
In a significant ruling, the Supreme Court of Zimbabwe has upheld the Zimbabwe Revenue Authority’s (ZIMRA) determination that Afrochine Smelting (Private) Limited must calculate its royalties based on the gross fair market value of the ferrochrome...
Zimasco Files Complaint Against High Court Judge with Judicial Service Commission
Ferrochrome producer Zimasco (Private) Limited has lodged a formal complaint with the Judicial Service Commission (JSC) against High Court judge Justice Joel Mambara, after Mambara granted a default judgment that placed Zimasco under corporate rescue, Mining...
Its a lie! Zimasco Denies Corporate Rescue Claims, Affirms Financial Stability and Expansion Plans
One of Zimbabwe's leading chrome and ferrochrome producers, Zimasco (Pvt) Ltd, has strongly refuted recent media reports suggesting the company is under corporate rescue, assuring that it remains financially sound and fully committed to its ongoing...
ZimAlloys Leads the Way in Mine Rehabilitation to Prevent Future Tragedies
Ferrochrome producer ZimAlloys, a subsidiary of Kuvimba Mining House (KMH), is taking proactive steps to address one of Zimbabwe’s most critical issues—abandoned and unrehabilitated mining pits—by launching a comprehensive backfilling programme as part of its broader...
Showcasing Beneficiation and Value Addition Opportunities in Zimbabwe’s Mining Sector
The mining sector in Zimbabwe is pivotal to the nation’s economic growth, contributing 70 percentage to the GDP and providing employment for thousands. However, despite this wealth, the country continues to lag behind when it comes...
Gold Accounts for 42.2% of December 2024 Major Exports
The gold industry continues to dominate as the country’s biggest foreign currency earner, contributing significantly to the nation’s export earnings, Mining Zimbabwe can report.By Rudairo MapurangaAccording to data from the Zimbabwe National Statistics Agency (ZIMSTAT), Zimbabwe's...
Will Rising Challenges and New Tax Burdens Affect the Projected 140% Investment Surge in 2025?
The Zimbabwe mining sector is set to experience a remarkable 140% surge in capital investments in 2025, with projected spending expected to reach US$495.94 million, up from US$206 million in 2024. This sharp increase is largely...
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