Search results: price of gold

Zdamwu general-secretary Justice Chinhema told NewsDay Business that mining workers should be given US$790 per month as salary, and not the ZWL$486 they are currently getting. THE Zimbabwe Diamond and Allied Minerals Workers’ Union (Zdamwu) says workers...

A complex syndicate involving some Chinese nationals and senior government officials is at the centre of  chrome smuggling in Zimbabwe through under declaration of volumes, which have prejudiced the state of millions of dollars in taxes...

Zimbabwe Mining is beginning to recover after decades of isolation caused by the draconian laws of indigenisation that had the “jewel of Africa” be labelled as a no-go area for investment. As the current President took...

Government is owed a cumulative US$206m in unpaid mining taxes and has since declared that it will soon be forfeiting claims held for speculative purposes. Mines and Mining Development Deputy Minister Polite Kambamura said Government will this...

THE Government of Zimbabwe is owed a cumulative US$206m in unpaid mining taxes and has since declared that it will soon be forfeiting claims held for speculative purposes.According to Mines and Mining Development Deputy Minister Polite...

THE Minerals Marketing Corporation of Zimbabwe (MMCZ) has assured international stakeholders that demand for chrome ore, ferrochrome and other chrome related products remains very high, thus investing in the sector remains lucrative.Presenting at the just- ended...

One of Zimbabwe’s leading gold and diamond producer, RioZim which recorded a net loss of USD 2.3 million against a net profit of USD 8.1 million achieved in the prior year, blames government's position on currency...

Ivanhoe Mines is ready to finish building its giant copper mine in the Democratic Republic of Congo after its largest shareholder pumped an additional C$612 million (about $454m) into the Canadian company.China’s state-owned CITIC Metal is paying...

These are the ten most influential individuals in the Zimbabwe Mining Industry in 2019. (1) Ben MagaraZimbabwe-born Lonmin Chief executive officer and director Ben Magara has been named among the top 10 most influential men in 2014...

The world’s biggest platinum producer is preparing for tough wage negotiations as higher metal prices spur labor union demands.Talks over a new three-year industry deal are looming as the so-called rand basket price for platinum and...

Shares in Petra Diamonds (LON:PDL) jumped more than 8% on Friday after the miner announced it had dug up a 425.1 carat, D-colour, Type II gem quality diamond at its iconic Cullinan mine in South Africa.The discovery comes...

Platinum miner Lonmin does not have sufficient liquidity to fund the new projects needed to avoid shaft closures and job losses, it said on Monday as it urged shareholders to back its proposed takeover by Sibanye-Stillwater.The...