ZIMBABWE’S oil and gas operator, Invictus Energy Limited incurred a loss after tax of Australian $2,6 million (US$1,9 million) for the half year ended 31 December 2021, up 164% compared to the.
Zimbabwe’s mining industry is engaged in discussions with the government over the punitive tax burden and retention levels, the Mines and Mining Development minister Winston Chitando has said.
Miners have been pushing for.
Rio Tinto on Thursday became the first major mining company to announce it was cutting all ties with Russian businesses, joining a raft of leading Western companies in a pullout following Moscow’s.
A fight has erupted in the gold rich Mazowe area — 40km north of Harare where a group of farmers are reportedly disrupting operations at a mine.
A long running attempt to have.
GOVERNMENT’S plans to dispose of its controlling stake in the country’s sole gold buyer Fidelity Printers and Refiners (FPR) is under scrutiny by some gold producing firms shortlisted for the US$49 million.
A LEADING resources campaigner has claimed that Zimbabwe’s elite are reluctant to push through amendments to the Mines Act, a 60-year-old legislation that has outlived its usefulness.
The Zimbabwe Coalition for Debt and.
TWO Mines and Mining Development ministry workers have appeared at the Marondera Magistrates Court facing a charge of criminal abuse of office after they allegedly approved issuance of granite mining certificates to.
Cabinet announced that Kuvimba Mining House is to take over Ziscosteel, the country’s collapsed steel maker. This is only the latest in a long series of attempts by the government to revive.
Zimbabwe’s mining industry wants to wholly pay royalties, taxes and other levies in local currency to improve the viability of the sector amid revelations they are struggling to find takers for the.
ZIMBABWE is set to reap about US$30 million as capital gains tax from the sale of Arcadia lithium project by Prospect Resources to a Chinese resources outfit, Zhejiang Huayou Cobalt Co (Huayou).
On.
