News

THE mining industry has called on President Emmerson Mnangagwa’s government to transform promises for major policy reforms into a binding legal commitment in order to reactivate investor interest into the sector. A four-page document, which was dispatched to Finance and Economic Development minister Mthuli Ncube by the Chamber of Mines of Zimbabwe (CoMZ) last week […]

Mine workers want another salary increment as their recent salary hike has since been eroded by runaway inflation and the rising cost of living. In May this year, the Associated Mine Workers Union of Zimbabwe (AMWUZ), the National Employment Council (NEC) of the mining industry and the Chamber of Mines of Zimbabwe agreed on a […]

The Zimbabwean government instituted Statutory Instrument 127 of 2022 which effectively bans the export of raw granite unless authorised by the Minister of Mines. However, the law exempts exports to continue indefinitely for pre-existing valid contracts. Granite is a metamorphic rock that is typically used in construction as a hard surface. It is cut into […]

INTERNAL squabbles within the government have reportedly pushed out Mines and Mining Development permanent secretary Onesmo Mazai Moyo who announced his departure last week. In a management meeting held on Tuesday, Moyo announced his departure from the ministry after serving for four years since his appointment in 2018. Before he became a permanent secretary, Moyo […]

Government of Zimbabwe has identified land to resettle communities living around swathes of platinum fields in Mhondoro district which will soon be exploited by Karo Resources. In an interview, Mines and Mining Development deputy minister, Polite Kambamura could not disclose how many villagers would be resettled. But he said along with progress in relocation plans, […]

GOLD production at Victoria Falls Stock-Exchange (VFEX)-listed Caledonia Mining Corporation Plc increased by 29% to 38 606 ounces in the first half of this year compared to the same period last year. Last year in the first half, gold production stood at 29 907 ounces. Caledonia, which is also listed on the New York Stock […]

POWER utility Zesa Holdings is in discussions with its Zambian counterpart, Zesco for importation of 100 megawatts of electricity to supplement local production. According to Zesco board chairman Vickson Ncube, for Zesa to enjoy the facility, it has to pay monthly deposits of US$6,3 million. “As Zesco, we have been on the path of strategic […]

A battle for control of mining concessions has erupted across the country as an increase in the number of mining disputes gives the government unending problems. The ownership wrangle over mining claims that has gripped the country involves foreign companies, raising speculation of a possible fresh rush for mineral concessions. There have been reports of […]

GOVERNMENT says the repossession of underutilized mining concessions is an ongoing process. Mines and Mining Development deputy minister Polite Kambamura said it was not the government’s intention to take people’s mines, but encouraging them to utilise the concessions. “The rational is not to take people’s mines, but for them to fully utilise them. Some have […]

Premier African Minerals will start shipping spodumene concentrate from its Zulu lithium mine in Zimbabwe to China by March 2023 after signing an offtake deal with Suzhou TA&A Ultra Clean Technology Co, chief executive George Roach says. Zimbabwe holds some of the world’s biggest hard-rock lithium deposits and Suzhou joins a growing list of Chinese […]