Tag: mining in zimbabwe
After years of falling production, persistent strikes, and mounting losses, RioZim has confirmed that it is selling its mines to a new investor, Mining Zimbabwe reports.
By Ryan Chigoche
Once a major gold producer in Zimbabwe, the company...
Zimbabwe’s platinum production declined by 9% year-on-year to 121,000 ounces (koz), primarily due to reduced output at Zimplats, the country’s leading platinum group metals (PGM) producer, according to a recent report from the World Platinum Investment...
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...
EPOs, what needs to be done?
Exploration of ground is vital for any mining industry to flourish, experts believe that for any company large or small to grow, large scale...
Zisco still paying over 1 700 workers
THE defunct steel manufacturing firm, Zisco, is still paying over 1 700 former workers two months’ salary as per the July 2018 Labour Court...
Tonnes of gold lost through illegal market
ZIMBABWE is producing close to 100 tonnes of gold, but the bulk of that is being lost to the black market as small-scale miners,...
RioZim thermal power project to take off
RIOZIM has signed an exclusivity agreement with a Chinese state-owned firm Power China for the construction of a 2000-megawatt (MW) thermal power station in...
Cabinet approves ZMDC unbundling
Cabinet on Tuesday approved the unbundling of state mining arm – the Zimbabwe Mining Development Corporation (ZMDC) into four mineral specific units as efforts...
ZETDC sues Metallon Gold
The Zimbabwe Electricity Transmission and Distribution Company (ZETDC) has taken Metallon Gold Zimbabwe to court to compel the gold miner to settle a $9,3...
New monetary policy: The worst possible scenario to the miner
The new monetary policy which was presented by the Reserve Bank of Zimbabwe governor Dr John Mangudya on Wednesday aimed at giving value to...
New Mines bill includes provisions to regulate artisanal miners
JUSTICE minister Ziyambi Ziyambi has told Parliament that the forthcoming Mines and Minerals Bill will include provisions that will regulate the conduct of artisanal...
Vast Resources partners Chiadzwa Trust
AIM-listed Vast Resources, which presently operates gold mines in Zimbabwe, has been granted mining rights under a joint venture arrangement with the Chiadzwa Community...
Gold price steadies
Gold prices held steady yesterday as investors kept a cautious stance ahead of a fresh round of Sino-US trade talks, while a firmer dollar...
FPR working on identifying suppliers
FIDELITY Printers and Refiners (FPR) said it is finalising the process of selecting companies who will supply mining equipment to beneficiaries of its Gold...