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Search results: illegal mining
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...
“War” for gold at Mazoe mine
EIGHT MINERS were reported dead in Mazoe at Jumbo mine owned by Metallon Corporation after detonating explosives in a shaft they were illegally working. Metallon has been forced to put its mines under care and maintenance...
ZCDC Confirms Shooting Of Diamond Harvesters
The Zimbabwe Consolidated Diamonds Company, ZCDC, has confirmed that its security guards shot and killed alleged illegal diamond miners in Marange last Tuesday.ZCDC spokesperson Sugar Chagonda confirmed the shooting in an interview on Friday.
Reports initially received...
Two miners shot dead dozens injured in Marange diamond fields
Two illegal diamond miners have reportedly been shot dead and scores others injured after security details at the Zimbabwe Consolidated Diamonds Company shot at over 300 of the miners at a newly discovered diamonds base in...
Three miners died in separate incidents
THREE miners died in two separate mine accidents which occurred in Maphisa and Colleen Bawn, Matabeleland South province.Matabeleland South provincial police spokesperson Chief Inspector Philisani Ndebele confirmed the incidents which occurred at Antelope East Extension Mine,...
Rushwaya faces another court challenge over ZMF presidency
Henrietta Rushwaya the Zimbabwe Miners Federation (ZMF) president(and her Executive) is facing another court challenge after the Zvishavane-Mberengwa Mining Association (ZMMA) filed an urgent chamber application seeking to bar her from representing the interests ZMF.This was...
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