Tag: mining in zimbabwe
DRC’S Mutanda Mine to cut workforce
Glencore is cutting the workforce at its Mutanda copper and cobalt mine in the Democratic Republic of Congo to lower costs before a possible...
Zimbabwe Stock Exchange snubs Falgold
The Zimbabwe Stock Exchange Limited (ZSE) has suspended Falcon Gold Zimbabwe Limited (Falgold) from trading on the local bourse after the gold miner failed...
Govt targets 4 billion USD mining revenue
Zimbabwe is targeting to generate over US$4 billion in revenue from the mining sector this year, Mines minister Winston Chitando has said.In 2018, the...
10 things the government need to do to improve the mining industry
The economy of Zimbabwe has become public discourse where expects have come to the conclusion that every Zimbabwean have turned themselves into economic analysts.By...
Gold panning in Manicaland reduced
Problems caused by illegal gold mining operations across the country have been a thorn in the flesh for the Government for years.The police have...
Zim to depart from its nationalistic approach in Diamond mining: Charamba
Zimbabwe had to depart from its “nationalistic approach” to diamond mining as the new dimension of mining, requires heavy financial capital, advanced technology and...
Zimplats reports 10% increase in revenue
Zimbabwe’s largest platinum producer, Zimplats, reported a 10% increase in revenue to $152,9 million in the quarter ended December 30 buoyed by firm metal...
Need for mining players to merge forces
Mining is one of Zimbabwe’s largest foreign currency earners, contributing more than 60% of the forex earnings. It also constitutes about 15% of gross...
Miners oppose EPOs applications
Zimbabwe Miners Federation (ZMF), the umbrella body representing small-scale miners, is opposing applications for Exclusive Prospecting Orders (EPOs) made by 11 local and international...
Petra collapse due to digging cheap South Africa diamonds
Petra Diamonds Ltd. fell the most in eight months in London after the South Africa-focused miner dug up gems worth significantly less than expected.Petra...
Gold prices rose to their highest since May
Gold prices on Wednesday held near eight-month highs hit in the previous session on concerns over U.S.-China trade relations and ahead of the U.S....
Small scale miners ordered to inspect mining claims
Government has urged small-scale miners to regularly inspect their claims and warned that it will not hesitate to forfeit mining claims from miners who...