Search results: gold prices

THE mining industry has so far lost more than US$200 million in revenue due to COVID-19 and production for the second quarter is expected to decline further by about 60%, Chamber of Mines of Zimbabwe (CoMZ)...

President Emmerson Mnangagwa announced that Zimbabwe will shut down for 21days from Monday the 30th of March 2020 as the country joins the rest of the world in trying to minimise transmission of the deadly Coronavirus...

Reserve Bank of Zimbabwe Governor Mr John Mangudya has announced that the United States Dollar can now be used as legal tender until further notice.In a statement issued yesterday night, the governor said this measure is...

Despite the continued challenges being faced by the mining sector, some mines have managed to defy odds by consistently churning out positive results both for shareholders and the nation in general.During the course of the year,...

Total output figures of the major contributors to Zimbabwe’s mining sector revenue are definitely going to be lower by year-end (31 December 2019) than they were in 2018. That includes gold, platinum, chrome, diamond, coal, and...

Zimbabweans love generalising and stereotyping.  I guess, in a way, this makes things easy to understand.In any case, who needs to grapple with deeper and nuanced analysis when they have to contend with a myriad of...

Listed mining concern, Bindura Nickel Corporation (BNC), is banking on new shareholders to complete all current projects and turn around the company’s fortunes.The development comes after Asa Resources concluded the sale of its controlling interest in...

Tax incentives, which the government extended to the mining sector are meant to attract new  investment while ensuring maximum utilisation of the country’s mineral  resources to achieve a US$12 billion mining industry by 2023, a Cabinet ...

Zimbabwe’s target to hit US$12bn a year from mining revenues, starting 2023, appears a mere pipe dream if the sectors’ performance this year is anything to go by. In the absence of a miracle which turns...

Palladium prices are within a whisker of breaking above $2 000 an ounce for the first time, with a gaping supply deficit fuelling a remarkable run that has seen the autocatalyst metal more than quadruple in...

Zimbabwe’s mineral exports, excluding gold and silver exports, are projected to climb 6 percent above prior year earnings to over US$1,8 billion after sales topped US$1,6 billion for the 10 months’ period to October this year.But...

Inside Mining Zimbabwe with Rudairo Dickson Mapuranga (RD) met the Deputy Minister of Mines and Mining Development, Polite Kambamura (PK) (aged 42). Polite Kambamura is also a Member of Parliament for the Sanyati constituency. They discussed...