Mining investment consortium, Chandiwana Mining Corporation, says it is constructing a processing plant at the Zvishavane-based Sabi Gold Mine as it moves to ramp up output.
Chandiwana is the majority shareholder in Sabi.
Zimbabwe gold deliveries fell 17% to 1.668 tonnes in May 2021 from 2.015 tonnes achieved in the prior comparative period owing to unfavourable policies and smuggling.
In April this year, gold deliveries declined.
Revenue from Zimbabwe’s platinum sector is expected to exceed US$3bn by the end of next year, driven by new projects that are expected to take off at the end of this year.
The Reserve Bank of Zimbabwe (RBZ) has slashed small scale miners’ royalties and the cost of importing cash as part of efforts to improve gold deliveries to Fidelity Printers and Refiners (FPR).
Mines and Mining Development Minister Winston Chitando says the Government’s target of building a US$12 billion mining industry was within sight, amid sustained production growth, and may be exceeded by.
A CAREFUL review of Bent Barber, the technical director at Invictus Energy’s presentation at the recent Chamber of Mines of Zimbabwe (CoMZ) annual general meeting (AGM) could easily send shivers down the.
A CHINESE coal mining company has allegedly started exploration for coal at a family cemetery in Dinde, Hwange, Matabeleland North province, in a move which has been condemned as disturbing, traumatising and.
Mining giant, Kuvimba Mining House (KMH) has paid US$5,2 million dividend to its shareholders, including government, for the first time since its establishment a year ago.
Government is the largest investor in the.
ZIMBABWE’S biggest car battery maker, Chloride Zimbabwe, says plans to draft lithium battery production technology into its operations have kicked off to prepare the firm for a future without petroleum-powered cars.
General manager.
MEMBERS of the security forces and Reserve Bank of Zimbabwe (RBZ) officials tasked to maintain order and security in the mining sector have been accused of the smuggling of the precious mineral.
