Mnangagwa rejects Mines Bill
President Emmerson Mnangagwa has returned the Mines and Minerals Amendment Bill of 2015 to Parliament to have sticking issues addressed before he can sign it into law. The legislation was… Read more »
Category Archives: Mining
Income tax rate change hits Zimplats
HARARE – Zimbabwe Platinum Holdings (Zimplats)’s profit for the year to June 30, 2018 slid 94 percent to $2, 6 million from $45, 5 million in the prior comparable period…. Read more »
Small-scale gold miners fear for their claims
SMALL-SCALE miners in the Zvishavane, Mberengwa and some parts of Matabeleland are living in fear of losing their mines to alleged powerful individuals, who are believed to be working in… Read more »
Miners pledge 100t gold output
THE country’s gold sector remains bullish with miners yesterday pledging to produce up to 100 tonnes of the yellow metal annually if given adequate support by Government. Contributing during a… Read more »
Govt pledges support for gold miner
GOVERNMENT has made a commitment to provide the necessary facilitation to Zimbabwe’s largest gold producer, Metallon Corporation, whose operations are being hampered by foreign currency shortages. The London head-quartered gold… Read more »
Zimbabwe gold output to surpass target
ZIMBABWE’S gold output is projected to surpass the 2018 annual target and is already marginally above last year’s total with four months to go, according to Fidelity Printers and Refineries… Read more »
Great Dyke platinum project takes shape
GREAT Dyke Investments (GDI) has selected Egypt-based Afreximbank as the lead arranger for a $2 billion loan to finance development of its precious metals mine and smelter in Darwendale, west… Read more »
Caledonia takes long-term view on Zim
CANADIAN mining group the Caledonia Mining Corporation (Caledonia) has taken a long-term view on Zimbabwe with an announcement to bulk up in Blanket Mine and plans to explore new opportunities… Read more »
Govt stops highway chrome mining
Government has ordered chrome miners to stop operations along Shurugwi-Zvishavane Highway with immediate effect saying the activity was threatening the million-dollar highway and lives due to unplanned extraction of the… Read more »
Top 5 challenges affecting mining
THE Chamber of Mines of Zimbabwe (Chamber) says the first half of the year was a difficult period for the mining sector on account of a “difficult environment”, which could… Read more »