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Gold steady while palladium hovered near record peak

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...

New monetary policy: The worst possible scenario to the miner

The new monetary policy which was presented by the Reserve Bank of Zimbabwe governor Dr John Mangudya on Wednesday aimed at giving value to money through recognizing the fact that RTGS and the USD were not...

New Mines bill includes provisions to regulate artisanal miners

JUSTICE minister Ziyambi Ziyambi has told Parliament that the forthcoming Mines and Minerals Bill will include provisions that will regulate the conduct of artisanal miners, and ensure their safety when carrying out underground mining activities.The minister...

New monetary policy: What does this mean to the miner?

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...

Liberia mourns dozens

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...

AUDIO: What really happened at the Battlefields mine disaster

"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...

IMAGES: Dexter Nduna with rescued miners

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...

More casualities expected in Battlefields accident

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...

Gold panning in Manicaland reduced

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...

7 reasons why it will take long to formalize the small scale sector

Miners are of the belief that, for the economy of Zimbabwe to be restored to yesteryear’s heights, the mining sector have to contribute remarkably. The mining industry is one of the industries that is capable of...

Gold miners target 50 tonnes production

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...

Global aluminium production at weakest performance since 2009

Global aluminium production grew at its slowest pace in a decade in 2018, and most of that was in the first half of the year.It was the weakest production performance since 2009, when the industry was...

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