Tag: Gold mining in zimbabwe
The country’s biggest Platinum Group Metal (PGM) producer, Zimplats, has reported a staggering 96% decline in profits for the fiscal year ending September 30, 2024, Mining Zimbabwe can confirm.By Rudairo MapurangaThe company's profit after tax plummeted...
Kuvimba Mining House (KMH) board chairman Mr Justin Mupamhanga has passed away.In a statement, KMH announced the sad news describing Mupamhanga as a visionary leader, an advocate for excellence and a guiding light to the Conglomerate.More...
Fidelity Official gold buying prices Friday 28 January 2021
Fidelity Gold Refiners (FGR) official gold buying prices Friday 28 January 2021.SG 90% AND ABOVE US$55.18/g
SG ABOVE 85% BUT BELOW 90% US$54.31/g
SG ABOVE 80%...
Hundreds decend on abandoned gold deposits
Hundreds of artisanal miners from many parts of the country are descending on rich gold deposits abandoned by a Chinese company, in Matabeleland South's...
BREAKING: Forex retention for all minerals to be reduced to 15% by 2024
Government has announced that forex retention for all minerals will be to be reduced to 15% by 2024.In a document dubbed "Macroeconomic policy measures...
Two gold miners die in Mazoe
TWO illegal miners died on Sunday in two separate incidents in Mazowe, Mashonaland Central province after falling in pits at disused mines while prospecting...
Fidelity introduces gold incentives effective immediately
Fidelity Printers and Refiners has introduced gold Incentives which are effective immediately and payable to miners on a weekly basis.The effective date for the...
Government urged to repeal the Gold Trade Act
ZIMBABWE Civil society organisations and captains of industry, among others, have called on the government to swiftly repeal the Gold Trade Act and formalise...
Gaika Mine eyes 5kg gold output
KWEKWE Gold Mine, a subsidiary of Duration Gold Limited, has set a short-term plan of producing at least five kilogrammes of gold per month...
Indian gold merchant invests in Zim sector
AN Indian businessman and gold buyer has channelled an initial US$500 000 into the gold sector in Zimbabwe and plans to pour in millions...
Caledonia Mining soldiers on with Blanket despite mounting Zimbabwe problems
CALEDONIA Mining continues to make money whilst placing the bravest of faces on operations in Zimbabwe where it operates its Blanket gold mine. It...
Top ten gold producers in Zimbabwe 2019
For the past decade, the country’s mining sector has been facing a myriad of challenges ranging from fluctuating global mineral prices, subdued working capital and...
The largest gold bar in the world
The largest gold bar in the world stands at 250 kg. The unique gold bar measures at the base 45.5 cm × 22.5 cm and 17 cm high...
Gold delivery to FPR falls
Zimbabwe's gold output has fallen in volume terms.Gold is the single largest export earner in the southern African country, whose economy is flat lining
as...
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