Search results: price of gold

The Zimbabwe Miners Federation (ZMF) has called on the government to expedite the formalisation and regularisation of the small-scale miners' operations to curb smuggling and increase revenue to the fiscus.Benard RinomhotaIn an interview, ZMF Chief Executive...

The Chamber of Mines of Zimbabwe (CoMZ) has bemoaned policy inconsistency by the government saying this can scuttle efforts to attain the envisaged US$12 billion mining industry economy by 2023.Benard RinomhotaTowards the end of last year,...

IMPROVED production and increase in mineral prices has heightened the Government’s confidence to have the sector achieve the US$12 billion mark in the next three years.In the country’s economic blueprint, the Transitional Stabilisation Programme (TSP), mining...

Mineral resources in Zimbabwe are being lost and not benefiting the country except a few companies and individuals especially in the gold and diamond sectors. Speaking in an a-no-holds-barred interview with Open Parly ZW, Zimbabwe Environmental Law...

MATABELELAND South-based gold mining company, Blanket Mine, says equipping of its Central Shaft has been slower than anticipated due to the adverse impact of Covid-19.The development is likely to shroud production guidance for next year and...

Following close to one and half decade search for investors, state-owned Zimbabwe Mining Development Corporation (ZMDC) has finally secured equity partners for most of its mining assets.ZMDC, the holder of vast mineral resources including platinum, gold,...

South Africa’s gold industry has been dying slowly for years. As the coronavirus undercuts the already fragile case for investment, its platinum mines may be next.Beset by power and water shortages, alongside whipsawing government policies, South...

In its latest mining sector and communities situational report, the Zimbabwe Environmental Law Association (Zela) said small-scale chrome producers were facing challenges to access markets for their chrome.ZIMBABWE’S small-scale chrome miners are stuck with tonnes...

Mining companies are being forced to adjust their operations so as to remain afloat despite the threat of Covid-19, as well as keeping focused towards attaining the US$12 billion mining economy by 2023.In launching the strategic...

Some Zimbabwean mining companies have halted expansion projects due to lack of capital with most financiers now demanding offshore collection accounts as guarantor for funding citing high country risk profile, the Chamber of Mines has said. In...

FINANCE Minister Mthuli Ncube has said mining legislation needs to be reviewed in order to ensure transparency and curb leakages in the mining sector, enhance exploration of the country’s minerals, and computerisation of mining which is...

Gwanda based Gold producer Caledonia Mining, the 49%-owner of the Blanket gold mine in Zimbabwe, has entered into a sales agreement which will allow the company to raise proceeds to fund the construction of a solar power...