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Search results: illegal mining

Kamlesh Pattni Sanctioned by U.S. for Gold Smuggling Network Exposed in Gold Mafia

Gold trader Kamlesh Pattni has been placed under U.S. sanctions for his role in a global gold smuggling and money laundering network, with his most recent activities in Zimbabwe exposed in the Gold Mafia documentary, Mining...

RioZim Retains Renco Management Despite Worker Petition for Removal

RioZim has decided to retain the current management team at its Renco Mine despite a petition signed by 716 workers demanding their immediate dismissal.By Ryan ChigocheThe petition, submitted on November 5, 2024, raised serious concerns about...

FGR Leads Charge in Transparent Gold Trading with Blockchain Technology

Zimbabwe’s gold sector has entered a new era of transparency and accountability, as the country’s sole gold buyer and exporter, Fidelity Gold Refinery (FGR), introduces a groundbreaking mine-to-market system, Mining Zimbabwe reports.By Rudairo MapurangaThis innovative system,...

RBZ FIU Urges Small-Scale Miners to Comply with Anti-Money Laundering Regulations

The Reserve Bank of Zimbabwe’s Financial Intelligence Unit (FIU) has urged Small-scale miners in Zimbabwe to prioritize compliance with anti-money laundering regulations to safeguard the industry's future and avoid the greylisting of the country's Refineries.By Ryan...

Three Years of Research Could Effectively Tax ASM

The artisanal and small-scale mining (ASM) sector is crucial for Zimbabwe’s economic growth and development, contributing significantly to foreign direct investment and revenue generation, particularly in gold and chrome production, recent findings suggest that three years...

Government Eyes Higher Gold Deliveries Despite 7% Increase

While gold deliveries to Fidelity Gold Refinery (FGR), the country’s sole operating gold buyer and exporter, increased by 7% from January to August 2024 compared to the same period last year, the government believes that deliveries...

Chrome Miners Urge Government to Renew Special Grants, Issue Leases

Chrome miners are calling on the government to renew the Special Grants (SGs) for miners who have been actively producing chrome, as well as to issue lease agreements to those already operating in reserved areas. By Rudairo...

FGR’s Full Supply Chain Traceability System Set to Combat Gold Smuggling

The country's sole gold buyer and exporter, Fidelity Gold Refinery (FGR), is taking significant strides to ensure the integrity and transparency of its gold supply chain.by Rudairo MapurangaSpeaking at the gold mobilization deployment workshop held at...

Women in Gemstones Eye US$1 Billion Industry in Five Years

Through the beneficiation and value addition of gemstones, the Women in Gemstones Association in Zimbabwe (WIGAZ) is aiming to establish a US$1 billion gemstone industry within five years.by Rudairo MapurangaWIGAZ, currently collaborating with ActionAid, the Zimbabwe...

Imagine the response if RBZ had said “Now we transact in gold”

It is a well-known fact that the “Safe Haven” for any wealth for investors is Gold and luckily Zimbabwe has gold, plenty of it. Unlike other volatile minerals, Gold serves as a reliable store of wealth,...

Yes the Mashwest Ministry duo have been arrested for corruption, but…

Mashwest Deputy Provincial Mining Director (PMD) Junior Mudyawabikwa and former surveyor Robson Farayi Chinanayi, who were arrested by ZACC for extorting US$5000 from a man identified as Mr. Mombeshora to facilitate the quick processing of a...

Mazowe underground reopening – a very tall order

Metallon Gold Corporation's Mazowe Mining Company (MMC) recently announced plans to resume underground Shaft operations at its Jumbo Mine in Mazowe as part of its corporate strategy with miners calling the stance an act with the...

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