Search results: illegal mining

THE country's sole gold buyer, Fidelity Printers and Refiners (FPR), a subsidiary of the Reserve Bank of Zimbabwe responsible for the purchasing, refining and exporting of gold, is under fire for buying “stolen gold” from illegal...

Gold prices today held near two-week lows touched in the previous session as the dollar rebounded after cautious comments from U.S. Trade Representative Robert Lighthizer stoked concerns over progress in U.S.-China trade talks.Spot gold was down...

Gold prices were steady on Wednesday as the dollar stood near a three-week low after the Federal Reserve’s chairman reiterated the U.S. central bank would stay patient on further interest rate hikes, while palladium hovered near...

In an endeavor to eradicate an inflationary environment in Zimbabwe that can be said to have possibly been caused by the previous monetary policy which its aim was to stabilize the bond and create a stable...

Liberian President George Weah declared Monday a day of national mourning after more than 40 people were killed in a mudslide at an alleged illegal mine in the north of the country.The national disaster management agency...

"Survivors were neck deep in water for days"The member of Parliament for Chegutu West Dexter Nduna explains in detail what happened at the Battlefields Mine and updates the current situation of the survivors.The accident has highlighted...

SURVIVORS of the Battlefield mine accident are starting to surface after a spirited effort to rescue them from the pits they were illegally mining.President Emmerson Mnangagwa declared the accident a state of disaster. The accident occurred...

The Mining community in Zimbabwe is in mourning with the sad news of the illegal miners accident in the Battlefields area. The Authorities have reported that the number of casualties could be about 50 as none...

Problems caused by illegal gold mining operations across the country have been a thorn in the flesh for the Government for years.The police have had running battling battles with gold panners who have, for decades, thrown...

SMALL-SCALE miners have set a target of producing 50 tonnes of gold this year after successfully surpassing their mark last year.Zimbabwe Miners’ Federation (ZMF) general council chairman, Mr Makumba Nyenje, said the small scale miners were...

In November the Parliamentary Portfolio Committee on Mines and Mining Development advised that the government strip off Fidelity Printers and Refiners (FPR)on their position as the only legal gold buyer and exporter to promote competition, in...

The Moti Group (MG), a mining company owned by the South African business magnate, Zunaid Moti, has begun addressing concerns raised by a section of small-scale chrome miners who accused the company of indirectly trying to...