Tag: zimbabwe mining news
RioZim hopeful over RBZ debts
ONE of Zimbabwe’s largest gold miners, RioZim, says it has received an insignificant amount from funds owed by gold buyer, Fidelity Printers and Refiners...
MashCentral Mines director in court for abuse of office
Mashonaland Central’s provincial Mines and Mining Development director Tariro Ndlovu yesterday appeared in court on abuse of office charges after he recommended the issuance...
Mining firms fingered in tax evasion
THE country could be losing millions in potential revenue through tax evasion among other underhand dealings involving players in the mining sector, according to...
Police Officers Among Arrested Mashurugwi – ZRP
AN undisclosed number of police officers are among 2 852 people who have been arrested for illegal gold mining or being part of the...
Caledonia Mining says 2019 earnings will be ‘substantially higher than market expectations’
Caledonia Mining Corporation says earnings for 2019 will be “substantially higher” than forecast on firmer gold prices, higher than expected output and costs that...
ZPC misses annual output target
Reduced water levels at Kariba dam and constant breakdowns at the Hwange Thermal power station saw the Zimbabwe Power Company (ZPC) miss its 2019...
Africa needs more private investment in energy – President Mnangagwa
Africa is in need of increased private investment in its energy sector which is a bridge to modernisation and industrialisation, President Emmerson Mnangagwa said...
1 000 ex-Zimasco workers face eviction
MORE than 1 000 former Zimasco (Pvt) Ltd workers in Shurugwi face eviction from company houses after their ex-employer reneged on a pledge to...
Hwange Colliery suspended from London Stock Exchange
Ailing Hwange Colliery Company Limited (HCCL) has announced its voluntary suspension from the London Stock Exchange (LSE) with effect from Monday this week.The temporary...
Raw Materials Dominate Zim’s Export List
ZIMBABWE’s export list continues to be dominated by raw materials despite the existence of vibrant policies aimed at boosting industrial productivity.The latest Reserve Bank...
Hwange expansion project 40pc complete
THE US$1,5 billion Hwange Thermal Power Station Expansion project is now 40 percent complete with the contractor, Sino Hydro, optimistic that the project will...
Machete gangsters attack mine workers
FOUR machete-wielding robbers attacked workers at a mine in Collen Bawn and stole two cellphones after they failed to get cash.Matabeleland South provincial police...
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