Tag: zimbabwe mining news

70 percent forex retention returns

Miners and other exporters will now be subjected to foreign currency retention threshold of 70 percent following the success of the auction-based system in...

Machete gang raids mine, shoot Bulawayo guard dead

A 54-year-old Bulawayo security guard was killed while his colleague was left nursing a serious head injury after eight gold panners set upon them...

Two Hwange women shot, injured by Police

Two local women who were allegedly shot by police in the coal mining town are battling for their lives in hospital with one of...

Gold payment delays blamed for fuelling black market’

Small scale and artisanal miners have bemoaned delays by Fidelity Printers in processing their payments for gold deliveries, which have forced some of the...

Redcliff artisanal miner clubbed to death in gold rush

An illegal artisanal miner from Redcliff died after he was severely beaten by a gang of machete-wielding gold panners who are believed to have...

Petrolzim boss Katsande caged 30 months

SUSPENDED Petrozim Line (Pvt) Ltd general manager Cathrine Katsande has been jailed 90 months by a Harare magistrate.This followed her conviction for awarding tenders...

Mining sector spurs TSP progress

IMPROVED production and increase in mineral prices has heightened the Government’s confidence to have the sector achieve the US$12 billion mark in the next...

Gold myth: Panners dig up 1949 grave

SUSPECTED gold panners recently dug up a man’s grave in Esikhoveni area in Umzingwane District, Matabeleland South province where they left human remains scattered...

Illegal brick moulders give Hwange torrid time

ILLEGAL brick moulders are wreaking havoc in Hwange Town where they are mining clay soil causing serious land degradation.The activity has been going on...

Limited flights cause gold late payments

Fidelity Printers and Refiners (FPR) General Manager Mr. Fradreck Kunaka has blamed limited flights into the country as the major contributor to late payments...

Oil firm licence, permit extended

Invictus Energy, the Australian junior mining firm exploring for oil and gas in Muzarabani, says its investment licence has been renewed and the special...

Cabinet approves fuel partner search

Zimbabwe is seeking an established global petroleum giant to partner the merged entity of three state-owned fuel retailers, Business Weekly can reveal.Last year, the...

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