PLANS by Karo Resources (Karo) to set up a US$4,2 billion platinum mining venture and a processing plant in Darwendale after it was controversially allocated claims previously held by Zimplats.
Gold deliveries to the country’s sole buyer Fidelity Printers and Refiners (FPR) are expected to plunge 35% this year due to increased smuggling and the negative impact of the Covid-19.
THE Government has allocated $1, 4 billion to the Ministry of Mines and Mining Development as it seeks to better coordinate the envisaged growth expected in the mining sector in.
By Business Reporter – Thursday 26 November 2020
HARARE – The revival of Ziscosteel is key to the economy through its potential benefits in job creation and.
Zimbabwe will in February adopt the free-on-board (FOB) and cost, insurance and freight (CIF) arrangements in selling minerals and metals , dumping the ex-works system as it moves to make.
By Farai Maguwu – Own Correspondent
MUTARE – 12 ZIMBABWEAN artisanal gold miners could have been murdered by an unnamed Belarus company, which subcontracted a Chinese company,.
More than $1.5 billion of gold is smuggled out of Zimbabwe every year, depriving the cash-strapped economy of crucial foreign-exchange revenues, according to research organization International Crisis Group.
A NASTY fight for mining rights has erupted over gold mining claims in Umfurudzi Game Park where violence is said to be the order of the day between machete-wielding Zanu.
The National Development Strategy 1 (NDS1), the Government’s newly announced economic blueprint covering the period 2021 to 2025, aims to drive the beneficiation of five key minerals during its five-year.
Listed mining company RioZim has won a Supreme Court battle with Zimbabwe’s military after one of its mines was forcibly taken over through a ministerial decree.
Defence.
