Mining News

5 days ago | March 15, 2019

40 tonnes gold target attainable: Fidelity

State gold buying arm, Fidelity Printers and Refineries (FPR), is confident deliveries of the yellow metal will this ...

PPC awaits determination of effective date of currency conversion

Listed cement manufacturer PPC Zimbabwe, says it will utilise the RTGS dollar as its book-keeping currency, but still ...

Govt proposes US$6m investment for tungsten project

Government has proposed to invest US$6 million to resuscitate operations at its 51 percent owned RHA Tungsten Mine.

2 weeks ago | March 8, 2019

Zim platinum 2018 output dips 2pc

Zimbabwe’s platinum production last year declined 2 percent to 470 000 ounces (oz) from 480 000oz previously, according ...

Foreigners to be allowed to own platinum, diamond mines

Zimbabwean Finance Minister Mthuli Ncube said a rule requiring local investors to control platinum mines will be ...

Zimplats royalty expense spikes at $12,2 million

Zimbabwe’s largest platinum producer, Zimplats, has recorded a 74 percent increase in royalty and commission expenses to ...

Caledonia cries foul over export incentive

Aim - listed mining group, Caledonia Mining Corporation, says its earnings per share could decline by approximately US$ ...

4 weeks ago | February 22, 2019

The hidden cost of gold . . . Artisanal miners exposed to harmful ...

Following the Battlefields national disaster, which claimed the lives of more than 50 artisanal miners, there has been ...

Cabinet okays ZMDC unbundling

Cabinet on Tuesday approved the unbundling of state mining arm - the Zimbabwe Mining Development Corporation (ZMDC) into ...

Zim mining sector to boom: Fitch Solutions

Zimbabwe is poised to become a mining giant in the Southern African region on the back of its vast mineral deposits and ...

1 month ago | February 8, 2019

‘Zim policy changes show it is open for business’

Cape Town – Zimbabwe wants to emphasise that it is open for business, with several policy interventions to ...

The sun is not setting on mining in SA: Ramaphosa

President Cyril Ramaphosa told delegates at the 25th Investing in African Mining Indaba in Cape Town that government ...

ZSE suspends Falgold

Enacy Mapakame The Zimbabwe Stock Exchange (ZSE) has suspended Falcon Gold Zimbabwe Limited (Falgold) from trading after ...

Prospect gets the glory on Indaba Battlefield

Prospect Resources was the last one standing at this year’s Mining Indaba 2019 Investment Battlefield.

2 months ago | February 1, 2019

Gold panning to ease in Manicaland

Rumbidzayi Zinyuke Problems caused by illegal gold mining operations across the country have been a thorn in the flesh ...

2 months ago | January 28, 2019

ZCDC to explore for diamonds in Chihota

BH24 Reporter State-owned diamond mining firm, Zimbabwe Consolidated Diamond Company (ZCDC), plans to conduct an ...

2 months ago | January 18, 2019

Alrosa eyes Zim diamond industry

Business Writer A Russian mining group, Alrosa, is set to launch operations in Zimbabwe with the support of the Government.

Caledonia exploration extends Blanket Mine life

Golden Sibanda Toronto Stock Exchange (TSX) listed Caledonia Mining Corporation, whose main and only producing asset is ...

China’s slowdown biggest fear this year

A worsening of the ongoing economic slowdown in China, consumer of about half the world’s commodities, is the single ...

2 months ago | January 11, 2019

Zim lines up 10 diamond auctions

Martin Kadzere Zimbabwe is set to conduct 10 diamond auctions this year, as it seeks to generate more money from the ...