Zimbabwe’s finance minister requested mining companies pay up to half of their royalties in local currency, as part of measures to stem a decline in the unit that has been fanning inflation.
The.
AT least 200 Redwing Mine workers in Penhalonga Thursday lodged a protest judicial management’s move to reinstate Betterbrands Mining Company (BMC) under unclear circumstances, NewZimbabwe.com can report.
In an unprecedented move, workers opted.
BULAWAYO Mining Company’s How Mine has increased gold output by 59% after a US$5 million capital injection and also gained Standards Association of Zimbabwe (SAZ) recognition.
The mine obtained SAZ certification for successfully.
HEAVY rains in Zimbabwe’s main coal-producing region are hampering the country’s efforts to address electricity needs.
The operations manager of Zambezi Gas and Coal, Menard Makota, told the state-owned newspaper, The Herald, that.
HWANGE Colliery Company (HCC) has won a civil court order to evict about 200 ex-workers who had refused to vacate the properties citing outstanding terminal benefits.
The company has given them until month-end.
THE Zimbabwe Power Company Hwange 7 and 8 electricity expansion project will affect 636 families in Ingangula township in Hwange, instead of the 90 stated earlier.
Project manager Forbes Chanakira yesterday said 636.
A recent story published by The Guardian alleged that Chinese companies involved in granite mining in Zimbabwe have aroused fear and upset among local people.
The article, titled “They want to remove us.
IMPALA Platinum (JSE: IMP, Implats), a leading producer of platinum group metals, announced today that its gross concentrate volumes in H2 2021 decreased by 4% to 1.62 million 6E ounces from 1.68.
Most local miners will not rush to list on the foreign currency denominated Victoria Falls Stock Exchange (VFEX) as the resources firms are waiting to see the impact of the promised incentives,.
CHINESE company, Freestone Mines, is facing litigation for embarking on quarry mining activities in the Dangamvura Mountain before obtaining the Environmental Impact Assessment (EIA).
According to section 97 of the Environmental Management Act,.
