Search results: price of gold

In an effort to fight against poverty induced by the lockdown pandemic and economic woes the country is experiencing women in the villages of Kadoma have rushed into artisanal mining to fund their farming businesses.Anerudo MapurangaMining...

Chaos has erupted in a fierce fight over the choice of a partner in the proposed diamond value addition project between State-owned diamond miner, the Zimbabwe Consolidated Diamond Company (ZCDC), and Minerals Marketing Corporation of Zimbabwe (MMCZ).  Vongai...

Those that are not well-connected and cannot afford bribes end up mining without permits. They have to pay huge royalties to the owners of mining permits, normally 30% of net proceeds, after deducting costs. Ultimately, it...

The very irregular geometry of most mineral deposits complicates mine design and operation. The higher the degree of irregularity, the more difficult it is to extract the entire resource cleanly with no dilution. Mining Recovery is the...

By Lyman Mlambo, Chairman of the Institute of Mining Research What are Semi-Precious stones? To understand semi-precious stones, we need to view them within the context of two closely related terms, precious stones and gemstones. Precious stones are...

LACK of public access to relevant and accurate extractives (mining, oil and gas) information remains a major issue for Zimbabwe.Since the decline of the agricultural sector, mining emerged as the leading sector for economic revival. In 2012...

When Hakainde Hichilema first ran for President in Zambia, his background as a wealthy businessman was used against him.“Rich people don’t understand the struggles of ordinary people,” an opponent said in the 2011 election, in which...

Caledonia Mining’s investment in a new shaft at Blanket Mine is starting to show results; ore tonnage reached new records in the second quarter, helping the company double earnings for the period.The company commissioned a central...

The country has made significant headway in its quest to grow the mining sector to US$12 billion in the next two years from US$2,7 billion realised in 2017 driven by planned, ongoing and completed projects.While critics...

Gold producer Caledonia Mining has recorded a revenue of  $US30 million, 31% revenue increase compared to the $US22.9 million recorded prior year, due to the higher production and higher gold price.Shantell ChisangoCaledonia Chief executive officer (CEO)...

Executive Director at Centre for Natural Resource Governance (CNRG) Farai Maguwu and MDC Alliance principal Tendai Biti has condemned the government's decision to sell Fidelity Printers and Refiners (FPR) without the consent of the parliament.By Shantel...

WOMEN in the mining sector say the Covid-19 pandemic has further worsened their plight amid revelations that some unscrupulous individuals were invading their mining claims resulting in theft and vandalism of mining equipment.The women miners have...