Search results: price of gold

In 2024, the platinum market is experiencing a significant deficit for the second consecutive year, according to the World Platinum Investment Council. This situation is primarily driven by robust demand and ongoing supply challenges. Despite these...

Zimbabwe’s mining sector is a critical contributor to the country's economy, with the government pushing to ensure the sector contributes significantly towards the achievement of Vision 2030, where Zimbabwe is expected to become an upper-middle-income economy...

The Chamber of Mines Zimbabwe (CoMZ) reports that the recent devaluation of the local currency on the parallel market is negatively impacting miners, who are struggling to access the necessary retooling funds at the same rate...

Investors have been advised to ensure the viability of their projects before committing resources, avoiding excessive reliance on tax rebates or government concessions, Mining Zimbabwe can report.By Ryan ChigocheThis guidance was provided by George Guvamatanga, PPP...

Listed gold producer Caledonia Mining Corporation has announced plans to invest US$300 million in its local operations, specifically in the Bilboes Sulphide Project. However, the company is calling for greater policy stability in the operating environment.By...

The Parliamentary Portfolio Committee on Mines and Mining Development, chaired by Hon. Remigious Matangira, has expressed admiration for the mining village at the 114th edition of the Harare Agriculture Show.By Rudairo MapurangaHon. Matangira urged more mining...

Simbi Alloys, a leading copper processor in Zimbabwe, has expressed strong concerns about the ongoing export of unprocessed copper ores, calling for a renewed focus on beneficiation to support local industries and reduce the substantial import...

Kuchera, a German-based technology company specializing in optimizing haulage operational efficiency in mining, has partnered with Eureka Mine for the large-scale deployment of its results-focused optimization solution, teamUp.By Ryan ChigocheThe optimization solution was developed to address...

The Minerals Marketing Corporation of Zimbabwe (MMCZ) yesterday deployed subagents in the Hurungwe district, tasked with buying gemstones as the Corporation aims to increase exports of semi-precious stones.By Ryan ChigocheThis development comes at a critical time,...

Production at the Kuvimba Mining House (KMH) owned Shamva Mine has increased by 30.9% on a month-to-month basis in 2024 compared to 2023, the Mine's General Manager, Eng. Gift Mapakame has said.By Rudairo MapurangaSpeaking to Mining...

Local mine workers received a reprieve last week as the High Court nullified the National Employment Council (NEC) Mining Industry Constitution in a landmark ruling that stated the council's agreement on salaries and wages was null...

The Ministry of Mines and Mining Development, in its quest to achieve the targets set under the National Development Strategy-1 (NDS1) and ultimately Vision 2030, has outlined several strategies aimed at elevating Zimbabwe's mining sector to...