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Precious metals were generally subdued in 2018 despite them being the top-grossing minerals in Zimbabwe mainly occasioned by weak safe-haven demand and a generally stronger dollar owing to interest rate hikes by the Federal Reserve during...

Last month the President of Zimbabwe Emmerson Dambudzo Mnangagwa unveiled the USD12 billion road map which aims at developing the mining sector in Zimbabwe to a USD12 billion industry by 2023. The mining sector is already...

FINANCE Minister Mthuli Ncube has expressed confidence he could steer the country’s mining industry into a lucrative US$12 billion one by 2023.Speaking to journalists at his New Government Complex offices in Harare Friday, Ncube said the...

Companies mining and buying copper and cobalt from the Democratic Republic of Congo must do more to fight corruption and child labor in the country, the Organisation for Economic Co-operation and Development said.Congo is the world’s...

Last month the President of Zimbabwe Emmerson Dambudzo Mnangagwa unveiled the USD12 billion road map with aims at developing the mining sector in Zimbabwe to a USD12 billion industry by 2023. The mining sector is already Zimbabwe’s biggest foreign currency earner. Experts and the...

Zimbabwe will vigorously enforce a policy to force companies to develop their mining assets and not keep the land for speculative purposes, mines minister Winston Chitando said on Wednesday.Chitando said some investors had not developed gold...

Zimbabwean mining firms want to retain all of their export earnings in foreign currencies, saying they are disadvantaged by having a proportion paid to them in Zimbabwe dollars.President Emmerson Mnangagwa’s government is pinning its hopes on...

Chinese firm Tsingshan Holdings Group’s plans to build a US$1 billion stainless steel plant in Mvuma remain firmly on course amid indications that Zimbabwe’s strategy to ramp up ferrochrome production is designed to also cater for...

Last week the Minister of Mines and Mining Development unveiled a strategic roadmap for the mining sector, hinged on creating US$12 billion revenues by 2023.Of course, thinking long-term is a welcome departure from the short-term focus...

On Monday, Zimbabwe unveiled a strategic roadmap to propel the country’s mining sector to US$12 billion industry by 2023. Already, the mining sector is the largest foreign currency earner, accounting for 70 percent of export receipts.The...

HARARE – Gold production of 100 tons and  earnings of US$4 billion per annum will anchor the attainment of a US$12  billion local mining industry by 2023, a Cabinet Minister said on  Monday.Mines and Mining Development...

Zimbabwe is widely regarded as the richest nation on earth in terms of untapped mineral resources per capita.The country is blessed with the world’s largest diamond reserves, second largest platinum reserves after South Africa and over...