Hwange audit exposes Tundiya corruption
A HWANGE Colliery Company Limited (HCCL) forensic audit has exposed suspected acts of sabotage carried out with a view to taking over control of the coal miner by Shepherd Tundiya…. Read more »
Category: Mining
Govt to pursue local lithium beneficiation
Zimbabwe intends to vigorously pursue local value addition of its lithium resources to maximise export earnings from the mineral, a cabinet Minister has said. Lithium is used to make various… Read more »
Premier abandons Shamva gold deal
Zimbabwe – focused mining group Premier African Minerals, has abandoned its earlier plans to acquire a 50 percent stake in Honey Badger Resources, a gold project along the Harare- Shamva… Read more »
Zimbabwe attracts two new investors to develop platinum mining
ZIMBABWE will in coming weeks name two new investors who will develop separate platinum mining projects west of the capital as the country ramps up mining output in an attempt… Read more »
Gold delivery declines 10 percent
Gold deliveries in the first quarter of the year to State gold buying entity, Fidelity Printers and Refineries (FPR), took a 10 percent knock compared to the same period last… Read more »
Small scale miners under tax scrutiny
THE Zimbabwe Revenue Authority (Zimra) has put small scale mining syndicates in Masvingo under scrutiny in a bid to ensure voluntary compliance with the tax laws. A letter addressed to… Read more »
Metallon Closes 3 Mines, Mull Plans To Sell To Canadian Investors – Report
Metallon Gold reportedly ceased operations at three of its four mines in Zimbabwe because of mounting debts, according to South African media reports. The company’s operations are being hindered by… Read more »
Invictus receives final data for Muzarabani oil prospect
Newly defined data released this week by Invictus Energy, has provided management with increased confidence regarding a sizeable increase in the prospective resource estimate of the Muzarabani oil prospect that… Read more »
HCC targets $8 million
Harare City Council says it is targeting to pocket $8 million in revenue from license fee collection from businesses that operate in the Central Business District (CBD) following an audit… Read more »
Russia to build $4 billion platinum mine
JOHANNESBURG. – Zimbabwe has signed an agreement with Russia to build a new platinum mine in the southern African country, finalising a deal that’s stalled since 2014. A deal to… Read more »