Search results: price of gold

As global copper prices continue firming and demand of the commodity likely to surge on massive capital expenditure on the green projects, Zimbabwe has set sights on resuming copper production by 2023, a Cabinet minister said...

For most entrepreneurs and executives in Zimbabwe the moment mining is mentioned they pay close attention. This is because the mining sector presents many opportunities especially as the businesses generate foreign currency. This article looks at...

Late payments by the state entity, Fidelity Printers and Refiners (FPR) have been leading Artisanal and Small-scale Miners (ASM) to shun the former leading them to turn to cash-ready alternative markets.This previous week, miners complained that...

Industry expects capacity utilisation to improve to 56 percent in the second quarter of the year, from 47 percent in the first quarter, but still lower than the previous year-end projection.If capacity utilisation closes the year...

FACTSThere are approximately 100 million artisanal miners globally. Approximately about Plus 500 000 artisanal miners in Zimbabwe as of 2017 UNIDO report. Artisanal and small-scale production supply accounts for 80% of global sapphire, 20% of...

Zimbabwe is primed to draw significant benefits from its diverse mineral resources amid projections that, at 7 percent growth per annum, the sector will outpace growth for the rest of the economy over the next five...

Government has increased Mining Fees.The government announced the new mining fees through Statutory Instrument 185 of 2021 Mining (General) (Amendment) Regulations, 2021 (No. 26) released on the 25th of June 2021.The new mining fees were welcomed...

State-owned enterprises have a bad reputation in Zimbabwe, and often deservedly so, with even the best usually under-capitalised, having been unable to make enough profit for replacement of the museum pieces they use for machinery, and...

The Kimber Processing (KP) is neglecting and failing to protect people against new forms of conflicts affecting the diamond sector, Kimberley Process Civil Society Coordinator and Zimbabwe Environmental Law Association (ZELA) Deputy Director Shamiso Mtisi said. Anerudo...

The global shift to clean energy is going to drive an unprecedented boom for critical minerals, according to the International Energy Agency (IEA), raising questions of supply and the overall environmental cost (AF) Until the mid-2010s, the...

A proudly Zimbabwean machine engineering, steel fabrication, mining, farming, and lifting equipment company, Yagden Engineering has called on the government to support local mining equipment manufacturers and suppliers as this will reduce externalisation of funds as...

PADENGA Holdings’ mining operation, Dallaglio will be the most immediate beneficiary of a planned listing on the underachieving Victoria Falls Stock Exchange (VFEX), Inter Horizon Securities (IHS) said at the weekend, giving the deal the thumps...