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Tag: zimbabwe mining news
Tsingshan’s US$1bn steel plant on course
Chinese firm Tsingshan Holdings Group’s plans to build a US$1 billion stainless steel plant in Mvuma remain firmly on course amid indications that Zimbabwe’s...
Mining industry stutters but positive outlook in 2020
Zimbabwe’s mining confidence plunged to a two-year low, undermined by concerns over power cuts, scarce foreign currency and policy uncertainty, a survey has revealed.The...
Gold miner robbed of US$2k
THREE armed robbers are on the run after they allegedly attacked a gold buyer from Matobo in the middle of the night and got...
SA miner to sink US$1m in Zim
SOUTH African mining company, Ingeli Minerals has made an initial investment of R10 million in alluvial gold mining in Shamva and the investment is...
Black granite: meagre revenue from prized stone
An old and battered haulage truck navigates its way through a narrow pothole-ridden road, releasing plumes of smoke as it contends with the sheer...
No apologies: Africans say their need for oil cash outweighs climate concerns
A handful of protesters on the ground floor of the cavernous Cape Town International Convention Centre spread fake oil on the ground and chanted,...
Mimosa engages RBZ on forex retention
Mimosa Mining Company (Mimosa) is engaging the central bank and ministry of mines for a more favourable foreign currency retention regime, managing director Fungai...
Zim might not benefit from palladium boom
Zimbabwe will have to review platinum group of metals royalties, if it is to fully benefit from the price boom that has been witnessed...
Zim owes Eskom R322 million
Minister of Public Enterprises Pravin Gordhan has said that debt-laden power utility Eskom is owed a combined R632 million by three neighbouring countries for...
Confidence among mining executives shrink
Confidence among mining executives in Zimbabwe has dipped further this year, hit by worries over power cuts, the foreign currency crisis and an uncertain...
US$70m smelter: Mimosa chickens out
Zimbabwe’s second largest Platinum Group of Metals (PGM) producer, Mimosa Mining Company, has shelved plans to establish a US$70 million refinery plant at the...
Call to capacitate semi-precious stone sector
GOVERNMENT should invest more incapacitating semi-precious stone industry operators to ensure they contribute to achieving the $12 billion earnings from mining by 2023, Zimbabwe...
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