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Search results: illegal mining

Ten things that might hinder the performance of the mining sector in 2019

The mining sector in Zimbabwe has been predicted to be the economic resuscitator of the once giant economy in Africa.By Rudairo Dickson MapurangaThe president of Zimbabwe is optimistic that the mining sector will take a leading...

Zimbabwe Mining sector Liberisation

Mineral sector reform has brought mining back to Africa aided by price rises in the early 2000s impacting on investment, growth and poverty reduction and there are no indications that price trends will decline to previous...

Mining sector experiences a sharp drop in FDI

Rising exchange rates, rapidly changing monetary policies, along with the lack of willing sellers of forex has negatively impacted direct foreign investment in the mining sector, Zimbabwe Miners Federation provincial chairperson has said. Rudairo Dickson Mapuranga Speaking to...

Gold mining will not stop, submissions to Fidelity will

The recent announcement of 100% local payment system had miners outraged. Miners were lamenting for price hikes from US$55/RTGS45 to at least US$80%/20% rtgs and being hit by a 100% local currency payment that's losing value...

SA losing over R14billion to illegal gold trade

SOUTH AFRICA - A new report on illegal mining suggests that South Africa is losing upwards of R14 billion a year to the illicit gold trade. This is substantially more than previous estimates of about R7...

Police raids farmhouses in search of illegal miners in Mazoe

In an attempt to clean the area off illegal miners, the police in Mazoe harrassed Mahachi farmworkers with some accusing the Police of looting food from their houses in the process.By D.R MapurangaThe farm manager called...

Gvt in bid to eliminate illegal gold deals

THE Ministry of Mines and Mining Development is conducting gold mobilisation workshops across the country in a bid to encourage formal mineral deliveries and eliminate illegal deals.The ministry’s director for value addition and beneficiation, Dr Mercy...

Peace Mine illegal miners evicted

MINERS who had been illegally carrying out operations at Peace Mine in Silobela were on Tuesday evicted from the mine by the Sheriff of the High Court with the assistance of the police who have since...

Tanzania sets measures to curb illegal gold exports

Tanzania has ordered all mineral-producing regions in the East African nation to set up government-controlled trading centres by the end of June, accelerating efforts to curb illegal exports of gold and other precious minerals.The trading centres...

Zim government urged to decriminalise artisanal mining

Zimabwean Coalition on Debt and Development (Zimcodd) has implored government to decriminalise artisanal and small-scale mining (ASM) to enable the sector to fully contribute to economic development, poverty alleviation and foreign currency retention.In a statement, Zimcodd said government...

Tonnes of gold lost through illegal market

ZIMBABWE is producing close to 100 tonnes of gold, but the bulk of that is being lost to the black market as small-scale miners, who are the main producers in the country, shun official channels, a...

Artisanal miners not adhering to mining regulations

AN Environmental Management Agency (EMA) official has accused artisanal miners of not adhering to mining regulations and interfering with water channels, resulting in avoidable disasters.Addressing a Zimbabwe Environmental Law Association (Zela) discussion on the possible causes...

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