Leading financial services institution, Stanbic Bank, has adopted a growth strategy for the mining sector as it seeks to play a pivotal role in boosting the sector in line with Government targets.
Stanbic.
THE Chamber of Mines of Zimbabwe (CoMZ) says investors must not be dissuaded by fears of a grave crisis looming ahead, as authorities struggle to find viable solutions to prolonged turbulences.
In an.
Chengxin, the Shenzhen-listed company that has acquired lithium prospects in Zimbabwe, expects to spend US$130 million to develop the new Sabi Star mine in Buhera.
The company, listed on the Shenzhen stock exchange,.
Caledonia Mining has agreed to buy Bilboes gold mine for US$53 million worth of stock, a deal that could increase Caledonia’s gold output by four times.
Caledonia currently owns Blanket Mine and has.
THE mining industry has called on President Emmerson Mnangagwa’s government to transform promises for major policy reforms into a binding legal commitment in order to reactivate investor interest into the sector.
A four-page.
Mine workers want another salary increment as their recent salary hike has since been eroded by runaway inflation and the rising cost of living.
In May this year, the Associated Mine Workers Union.
The Zimbabwean government instituted Statutory Instrument 127 of 2022 which effectively bans the export of raw granite unless authorised by the Minister of Mines. However, the law exempts exports to continue indefinitely.
INTERNAL squabbles within the government have reportedly pushed out Mines and Mining Development permanent secretary Onesmo Mazai Moyo who announced his departure last week.
In a management meeting held on Tuesday, Moyo announced.
Government of Zimbabwe has identified land to resettle communities living around swathes of platinum fields in Mhondoro district which will soon be exploited by Karo Resources.
In an interview, Mines and Mining Development.
GOLD production at Victoria Falls Stock-Exchange (VFEX)-listed Caledonia Mining Corporation Plc increased by 29% to 38 606 ounces in the first half of this year compared to the same period last year.
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