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Tag: zimbabwe mining news
Blanket Mine shrugs off power crisis, Q3 gold output 7% up
Caledonia Mining says production at Blanket Mine rose over 7% in its latest quarter, despite power outages and rising costs.In the three months to...
Mineral exports up 13pc in first 10 months
Zimbabwe’s mineral exports rose by 12,7 percent to US$1,59 billion in the first 10 months this year compared to the same period in 2018,...
Terror & riches at Jumbo Mine
A stamp mill pounds steel against rocks, producing echoes across the pit-riddled fields.Huge boulders, from beneath mother earth, are spread haphazardly alongside uprooted trees.Middle-aged...
USD12 billion road map achievable?
Last month the President of Zimbabwe Emmerson Dambudzo Mnangagwa unveiled the USD12 billion road map with aims at developing the mining sector in Zimbabwe to a USD12 billion industry by 2023. The...
Africa should benefit from mining deals
Africa has been challenged to be vigilant in its negotiations with foreign investors to ensure that all
mining deals are beneficial to the continent.At the...
Smuggling costs Zim gold stash
Zimbabwe may have lost between 30 tonnes and 34 tonnes of gold to smuggling in neighbouring South Africa due to unfriendly mining policies that...
Government sets aside $8.4m for Hwange Thermal Power Station rehabilitation
GOVERNMENT has set aside $8,4 billion for the rehabilitation and expansion of Hwange Thermal Power Station while it will support the use of alternative...
Zimbabwe to enforce “use it or lose it” policy for mining assets
Zimbabwe will vigorously enforce a policy to force companies to develop their mining assets and not keep the land for speculative purposes, mines minister...
Illegal deals in the mining sector undermining performance
The level of financial losses that Africa continues to experience due to illegal activities and dealings in the mining sector is undermining sustainable development...
RioZim Seeks US$25m For New Plant
Listed diversified miner RioZim is planning to invest US$25m on a biological oxidation plant at Cam and Motor Mine which will open by September...
Fidelity gold monopoly to stay: Mangudya
RESERVE Bank of Zimbabwe governor John Mangudya has said Fidelity Printers and Refiners’ monopoly in the buying and marketing of the country’s single biggest...
Budget proposes measures to curb leakages
Presenting the National Budget Statement to the Parliament of Zimbabwe yesterday, the Minister of Finance and Economic Development, Prof Mthuli Ncube said that mineral...
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