Tag: zimbabwe mining news

Chimanimani mine commissioning delayed by cyclone Idai

Zimbabwe Consolidated Diamond Company (ZCDC)’s plans to commission a new mine at its Chimanimani operations in the next two weeks has now been pushed...

30 countries registered a significant increase in resource nationalism, Zim included

According to global risk consultancy Verisk Maplecroft's latest Resource Nationalism Index (RNI) report, a total of 30 countries have registered a significant increase in...

Mliswa, Nduna dropped from Parly committees

PARLIAMENT has removed Norton and Chegutu West legislators, Mr Temba Mliswa and Cde Dexter Nduna, from their positions as portfolio committee chairpersons.Mr Mliswa was...

Shortage of fuel worsens

MOTORISTS here have for the past week endured stock outs of fuel supplies, indicating a worsening fuel situation in the petroleum industry.So bad has been...

Caledonia production down, despite increase in profits

CALEDONIA Mining Corporation (Caledonia) gold production was down three percent to 54,511 ounces during the full year ended December 31, 2018 compared to 56 133...

Small scale miners cry over fuel importation application fees

Small-scale miners say fuel import fees charged by the Zimbabwe Energy Regulatory Authority (Zera) are excessively high and prohibitive.Government recently liberalised the importation of...

Masvingo quarry firm growing in leaps, bounds

Located 7km from Masvingo City along the Bulawayo Highway, is one of the fastest growing mining firms in the province that is into quarry...

RBZ avails $21,7 million to women and youth miners

The Reserve Bank of Zimbabwe (RBZ) has availed RTGS$21,7 million to assist women and youths in small-scale mining to boost their operations.Speaking recently in...

Zisco still paying over 1 700 workers

THE defunct steel manufacturing firm, Zisco, is still paying over 1 700 former workers two months’ salary as per the July 2018 Labour Court...

Prospects reports loss of $4,135 million

PROSPECT Resources (Prospect) says it reported a loss after tax of $4,135 million during the half year ended December 31, 2018 compared to a $2,640...

CALEDONIA registered a 4% increase

CALEDONIA Mining Corporation registered a 4% increase in after tax profits to US$21,42 million in the full year to December 2018 compared to US$20,61...

Caledonia optimistic of interbank exchange market

AIM-listed mining group, Caledonia Mining Corporation, is optimistic that the introduction of the inter-bank foreign currency exchange market in February will help stabilise business...

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