Search results: price of gold

Zimbabwe has been losing a lot of its coloured gemstones through smuggling with the Minerals Marketing Corporation of Zimbabwe (MMCZ) estimating that 90 per cent of the stones are not benefiting the country.Rudairo MapurangaAccording to MMCZ...

Tharisa is in talks with French energy company Total Eren for a 300MW solar plant for Karo Platinum, a new mine being developed near Selous.Land has been allocated for the solar farm and the company will...

RioZim Ltd. has bought Sperrgebiet Diamond Mine in Namibia as the Zimbabwean group seeks to expand in Africa.“The group has been trying to broaden its footprint in the mining industry in Africa and this acquisition was part...

New York Stock Exchange and Victoria Falls Stock Exchange listed gold-focused miner, Caledonia Mining Corporation has declared a quarterly dividend of 14 United States cents (US$0.14) on each of the Company's shares.Rudairo MapurangaThe mining company for...

Due to its informal and semi-formal operations, the Artisanal and Small-scale Mining (ASM) sector is a hub breeding illicit financial flows in Zimbabwe. Rudairo Mapuranga Speaking at Zimbabwe Environmental Law Association (ZELA)'s Champion Member of Parliament (MPs) capacity-building...

Interview: Collin Chibafa - Chamber of Mines of Zimbabwe President.Thank you for taking the time from your busy schedule to speak to us. A brief introduction of yourself?Collin Chibafa (CC): Collin Chibafa is a Chartered Accountant,...

Exports of minerals during the first half of 2022 rose by 32 per cent to US$2 899.0 million from US$2 193.8 million recorded for the same period in 2021 on account of higher production, Reserve Bank...

Zimbabwe will double the royalty rate it charges mining companies on the platinum group metals (PGMs) they produce to 5% from January 2023 in a bid to increase government revenues.The country is the world’s third-largest producer...

Caledonia Mining Corporation PLC offers significant growth potential in an under-explored African greenstone belt, Cenkos Securities believes.The broker reiterated its ‘buy’ recommendation on the Zimbabwe-focused miner, saying Caledonia delivers high yield exposure to the gold sector...

Mining often sets up a direct competition with small-scale agriculture for control of land.“Si a la vida, no a la mina” (Yes to life, no to the mine) is a rallying cry heard across many parts of...

When earnings from selling tomatoes could hardly secure the next meal for Linda Sherekete (29) and her two children — aged seven and 10 — she became desperate for a decent-paying occupation.In Zimbabwe, employment does not...

GOVERNMENT has set up an inter-ministerial team to oversee the improvement of security systems at ports of entry to curb mineral smuggling, Mines and Mining Development deputy minister Polite Kambamura has said.A 2019 report by the...