Falling commodity prices will slowdown Zimbabwe’s resource-driven economy, the Chamber of Mines of Zimbabwe (CoMZ) has said.
Murowa Diamonds has committed $60 million in the next four years as part of its expansion and development programme to increase revenue and ramp up output, signalling its confidence in the future of the diamond sector.
Following the collapse of a $750 million Zisco/Essar deal last year, a lot has been said with no comprehensive answers of what really went wrong. NewsDay business reporter (ND), Mthandazo Nyoni caught up with the former Industry and Commerce minister Welshman Ncube (WN) on what went wrong on the deal as well as problems he […]
GOLD output at Caledonia Mining Corporation’s subsidiary, Blanket Mine went up by 2,5% to 42 806 ounces in 2015 compared to the same period in 2014
THE mining sector will surpass the 20 tonnes target set by government for gold production in 2016, with half of the production coming from the small-scale miners, Zimbabwe Miners’ Federation (ZMF) national chairperson, Lufeyi Shato has said
THE Zimbabwe Mining Development Corporation (ZMDC) is doing due diligence on a Chinese firm which wants to revive Kamativi Mine.
Government is seeking partners for exploration designed to collate the value of the country’s mineral resources
MIMOSA is engaging authorities together with the Chamber of Mines to have the 15% export levy on un-beneficiated platinum group metals (PGMs) deferred, as it is impacting on the business, its parent company Aquarius Platinum has said.
Government is looking for an investor to resuscitate a gold refractory plant in Kwekwe. (more…)
Resources group RioZim has placed orders with a Chinese firm for the manufacture of a plant with capacity of processing up to 2 500 tonnes of ore per day, as it moves to revive Cam and Motor Mine.