GWANDA-BASED gold miner, Blanket says it is planning to invest US$35,8 million in plant maintenance and the implementation of its new underground operation called Central Shaft.
The massive capital outlay.
Gaika gold mine has revealed that it will be injecting US$2,1 million for exploration purposes.
The investment comes after a similar exercise worth US$5,4 million revealed that there are gold deposits worth an.
Invictus Energy, an Australia Stock Exchange (ASX) listed extractives junior exploring for oil and gas in Muzarabani, has completed a share placement with investors to raise about US$10.4 million (A$8m) exploration funding,.
THE Zimbabwe Diamond and Allied Minerals Workers Union (ZDAMWU) has decried casualisation of labour in the mining industry.
The union last week said employees were being engaged for several years on fixed-term contracts.
The ZANU PF-led Government has made considerable progress in delivering on developmental projects and other election promises outlined in its manifesto despite disruptions caused by the coronavirus pandemic, President Mnangagwa has said.
In.
A 13-kilometre power line linking Zimbabwe Zhongxin Electrical Energy (Private) Limited’s new plant in Hwange and Zimbabwe Power Company (ZPC) is being installed in readiness to start feeding the initial 25MW of.
BETTER Brands Jewellery (BBJ) chief executive officer Mr Scott Sakupwanya has been elected as interim chairperson of the National Gold Buyers Association (NGBA) — a lobby group formed to champion the interests.
By Business Reporter – Thursday 25 March 2021
HARARE (Mining Index) – THE National Gold Buyers Association (NGBA) has been formed.
The National Gold Buyers Association is said to comprise of an eight member.
Zimbabwe miners say the increase in the export surrender requirement to 40% is hurting production, resulting in serious shortfalls as they battle to sustain operations in the capital intensive sector.
The mining sector.
The Minerals Marketing Corporation of Zimbabwe (MMCZ) is offering a venture capital partnership to bidders willing to set up a diamond processing company.
MMCZ plans to invest in a company that offers a.
