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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...

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...

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...

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...

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...

Mine worker dies after falling into shaft

A MINE worker died after he fell into a shaft that he was working in at a mine in Colleen Bawn.Matabeleland South provincial police spokesperson Chief Inspector Philisani Ndebele confirmed the incident which occurred on Sunday...

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)...

Mashurugwi terrorism has declined in Kadoma

Speaking at the Environmental Impact Assessment launch held in Kadoma last week, Kadoma West house of assembly Constituency member Hon A Nkayi said Machetes miners notorious for terrorising communities have declined in number and popularity in...

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...

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