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Search results: illegal mining
SI213 of 2019 effects on Miners and Suppliers
ON Saturday the whole nation woke up to the news that pricing of goods and services in foreign currency is now illegal and heavy penalties will be imposed to defaulters. This comes after Statutory Instrument, SI212...
“MaShurugwi” run for their lives in Bindura and Glendale
Houses property destroyed
Youth claim to be protecting the Defenceless
12 arrestedZANU-PF youths in Mashonaland Central province went on the rampage last week, destroying property as they clashed with artisanal miners in Glendale and Bindura.WATCH:https://www.youtube.com/watch?v=9kSxdJ8JRFU&feature=youtu.beOn...
An open market for gemstone trading
The government of Zimbabwe should work on the liberalisation of gemstone trading by creating an open market for stone buyers. The Chairperson of the Norton Miners Association who is also the sole registered gemstone buyer in...
Fidelity needs to up its game
The country's legal gold buyer and exporter Fidelity Printers and Refineries’ gold buying prices are unarguably becoming competitive in the market, however, it is failing to attract more artisanal miners on board due to different reasons...
Solution to Ecocash agent rip-off
Cash shortages have now made ecocash a fertile ground for ripping off Miners and Zimbabweans in general seeking hard cash for different uses.Ecocash Agents are now charging an illegal fee of as much as 40% to...
Gold prices set to increase , ASM liberalisation for more Fidelity deliveries
Goldman Sachs group has predicted that, gold prices will hit $1. 575 in 3 months and $1. 600 in 6 months from $1.500 per ounce. According to Norton legislator Hon Temba Mliswa, the government needs to...
Advantages of the updated RBZ Exchange Control Regulations to the Chrome Producer / Miner:
1 Chrome Producers / Miners have a clearly defined payment structure which enables them to receive the much needed foreign currency earnings.Chrome Producers wishing to receive payments in foreign currency from chrome buyers are required to...
Persecuting artisanal miners is biting the hand that’s feeds us
Chegutu West member of Parliament Dexter Nduna has called on the government to legalise the informal mining sector in order to boost deliveries to the country's sole gold buyer and exporter Fidelity Printers and Refiners (FPR)...
100 percent forex retention to gold miners bad for the economy
The government gazetted on the 24th of June 2019 the Statutory Instrument 142 of 2019 in which banned the use of foreign currency for any transactions within Zimbabwe. However, miners were exempted from the policy citing...
Glencore’s Congo tragedy highlights security conundrum for miners
DAKAR/LIMA (Reuters) - The deaths of 43 illegal miners at a Glencore facility in Congo last week highlighted a growing challenge for mining companies struggling to secure sites from small-scale prospectors digging for cobalt, copper and...
Rushwaya hits back at Matutu
After implicated by the deputy secretary for ZANU PF youth affairs Lewis Matutu as one of the corrupt individuals in Zimbabwe, Zimbabwe Miners Federation (ZMF) president Henrietta Rushwaya has hit back at Matutu calling the ZANU...
Smelting company sued over chrome ore worth USD7 million
Afrochine Smelting is a subsidiary of Tsingshan Iron and Steel Group of China and has chrome smelters in Selous near Chegutu.
Chrome mining and smelting company, Afrochine Smelting, has been taken to the High Court by NR...



