ZIMBABWE’S mining industry is losing 20% of its local currency indexed revenue due to a tough retention regime that compels operators to surrender forex to the central bank, according to the Chamber.
GOVERNMENT yesterday said it had chosen Kuvimba Mining House, a company in which it has majority shareholding and is linked to President Emmerson Mnangagwa’s ally, to revive the moribund ZiscoSteel.
The government created.
Blanket Mine has reported its first fatal accident in three million hours, its Jersey-headquartered parent, Caledonia Mining Corporation said on Tuesday, only a week after saying it was “proud” of its safety.
ZIMBABWE industry could continue running on coal-fired power plants beyond the next three decades, before completely switching to environmentally friendly advanced technologies, a government official said this week.
The global shift from coal,.
ZIMBABWE’s government this week projected a healthy growth rate in platinum output during 2022, confirming positive sentiment by a new authoritative report, which projected stronger foreign direct investment (FDI) inflows across minerals.
Mines.
Aim-listed Premier African Minerals has reported new intersections of lithium at the Zulu lithium and tantalum project, in Zimbabwe.
Recent drilling activity on the southern part of the project area returned intersections including.
The value of export gold receipts jumped 180% to US$167.5m in January this year from US$59.9m reported in the same period last year on the back of increased output and firming prices.
Gold.
Zimbabwe once sat at the top table of African gold miners, but years of underinvestment in exploration stole its shine. For some investors, this makes it just the right place to be.
Caledonia.
AT least 38 local rights groups Tuesday wrote to Manicaland Provincial Affairs minister Nokuthula Matsikenyere asking her to cancel a controversial quarry mining deal between the City of Mutare and Chinese company,.
