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Tag: zimbabwe mining news
Zimbabwe gold deliveries to plunge 35 percent
Gold deliveries to the country’s sole buyer Fidelity Printers and Refiners (FPR) are expected to plunge 35% this year due to increased smuggling and...
Zimbabwe Gold Smugglers Estimated to Ship $1.5 Billion a Year
More than $1.5 billion of gold is smuggled out of Zimbabwe every year, depriving the cash-strapped economy of crucial foreign-exchange revenues, according to research...
Shamva’s Gold Rush: A Recipe For Child Sexual Exploitation
As the sun sets marking the end of another day, the mining town of Shamva suddenly comes to life. People from all walks of...
Crackdown on smuggling revives Tanzania gold industry
Tanzania’s gold-mining industry is showing signs of a renaissance following a crackdown on smuggling and the settlement of a long-running dispute with Barrick Gold...
Prospect raises $6mln for pilot lithium plant
PROSPECT Resources, which is developing the Arcadia lithium project in Zimbabwe, has raised $6 million for developing a pilot plant to produce low iron...
UK firm eyes gold opportunities in Zim
A United Kingdom based investment company, Contango Holdings, is eying gold opportunities in Zimbabwe, which the company said could be monetised in order to...
Gold deliveries decline 73 percent
Zimbabwe’s gold deliveries in September plunged by 73% to close at 1.36 tonnes from 2.8 tonnes in the comparative period in prior year owing...
HIV time bomb in mining sector: NAC
Zimbabwe’s small scale and artisanal mining sub-sector has recorded the highest HIV and Aids infections in the past few months, a situation which is...
ZCDC Workers Down Tools
Operations at Zimbabwe Consolidated Diamond Company (ZCDC) have completely halted with workers reportedly camping at the premises complaining over salary arrears and lack of...
Padenga diversifies into gold mining, acquires Dallaglio
DIVERSIFIED crocodile breeder, Padenga Holdings Limited, has diversified into gold mining following the successful acquisition of a 50,01 percent shareholding in Dallaglio Investments (Private)...
Blanket Mine secures contractor for US$13mln solar project
CANADIAN-based resources group, Caledonia Mining Corporation, has identified an international renewable energy firm, Voltalia, as the contractor to build a 12MW solar power plant...
Machete attacks resurface: NPRC says rogue cops to blame for resurgence
THE National Peace and Reconciliation Commission (NPRC) has raised concern over cases of violence involving machetes which have resurfaced in mining areas in Matabeleland...
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