Search results: gold prices

Zimbabwe Stock Exchange-listed diversified mining company RioZim, despite the loss of the company’s major shareholder’s representatives and four executives in a fatal plane crash, recorded a 1 per cent increase in gold production during the year...

Kuvimba Mining House (KMH) is setting ambitious goals in the mining industry, aiming to transform its operations into world-class enterprises.By Rudairo MapurangaActing Group CEO Trevor Barnard has been at the forefront of articulating this vision, emphasizing...

Less than a week after its launch, the Zimbabwe Gold (ZiG) has gained against the United States Dollar by 0.2%, making it one of the strongest currencies in Southern Africa.The ZiG currency is expected to address...

While the Mining industry races to reach annual revenue of US$12 billion by the end of 2023, the 60% foreign currency retention for large-scale producers might be a major cause to upset the achievement of the...

Focused gold miner, Dallaglio Investment has created a roadmap which will see the gold miner raising funds for the future cost of rehabilitating its mining sites. Rudairo Mapuranga The Victoria Falls Stock Exchange listed diversified group Padenga Holdings...

Zimbabwe’s mining sector is anticipating to benefit from elevated commodity prices  in the international market  this year with the Russia-Ukraine conflict playing a more prominent role in driving up prices.Export receipts are expected to hit US$6bn  this year as...

LOCAL mining companies expect to increase mineral output this year on the back of firm international commodity prices, putting them firmly on course to achieving the country’s target of a US$12 billion mining industry next year.For...

The large-scale mining sector has been hard hit stubbornly by the cost of production, labour and materials due to the current foreign currency retention offered by the government which is not viable, Mining Zimbabwe can report.Anerudo...

RZM Murowa, a subsidiary of RioZim has recorded a 4% drop in output in the half-year ended June 30, 2021, due to technicalities associated with the migration of mining activities.Vongai MbaraThe mining group produced 564 kg of gold...

LACK of public access to relevant and accurate extractives (mining, oil and gas) information remains a major issue for Zimbabwe.Since the decline of the agricultural sector, mining emerged as the leading sector for economic revival. In 2012...

OUTPUT at RioZim’s gem extraction associate Murowa Diamonds slipped to 579 000 carats during the year ended December 31, 2020 after Zimbabwe’s oldest operating diamond mining asset depleted high-grade gems in 2019, the listed giant said...

Diversified mining group, RioZim has announced a 27 percent decline in gold production as some constraints at its linchpin Cam & Motor Mine affected 2020 output. The group’s gold production declined from 1,66 tonnes achieved in the...