News

ZIMBABWEAN tax experts this week reactivated the push for government to establish a public exploration firm, as they cast doubts over the credibility of mining data from private multinationals. Giving insights during a workshop, which ran under the theme; ‘Fight Inequality’, which gave journalists an impression of tax dynamics in the resources sector, the experts […]

ZIMBABWE’S small-scale miners, agitated by government’s attitude towards their input into the Mines and Minerals Amendment Bill, have taken their issue to President Emmerson Mnangagwa. The Bill came into the picture in 2015 and has taken over six years before being enacted into law. In a letter addressed to Mnangagwa, Zimbabwe Prospectors Union (ZPU) president […]

AUSTRALIA Stock Exchange listed miner, Prospect Lithium Zimbabwe (PLZ) allegedly attempted to evade taxes in a deal clinched to transfer Arcadia lithium fields into its name about four years ago, multiple court actions and internal correspondence showed last week. Mandizha & Company, a law firm representing Fredrick Mubaira, who owns part of claims on which […]

RAN Mines Private Limited, a gold asset that has been at the centre of a protracted dispute between Zimbabwean investors, lurched into fresh controversy last month after winning a High Court case giving it a nod to evict retrenched workers out of its compound. The 123-year old Bindura-based operation closed in 1999. However, it is […]

Zimbabwe’s gold export receipts increased 123% to US$463.1m in the first quarter of this year from US$207.23m in the prior comparative period owing to firming commodity prices on the international market. It came after gold deliveries for the period under review jumped 92% to 7.695 tonnes from 4.016 tonnes in the comparable period. The Reserve […]