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FEATURED
Mining Index Zimbabwe
- January 11, 2022
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GOVERNMENT says US$13 million from the $2,3 billion allocated to Industrial Development Corporation of Zimbabwe (IDCZ) will be released in the first quarter of this year towards the refurbishment of Dorowa Minerals. Industry and Commerce minister Sekai Nzenza says the project, which is expected to be commissioned in April this year, targets to achieve 70% […]

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FEATURED
Mining Index Zimbabwe
- January 11, 2022
407 views 7 mins

A CONVOY of trucks laden with huge black granite rocks trundles along the dusty pathway as a group of villagers look on grimly. Everyday more than 60 trucks take granite for export along this rugged road through Nyamakope village in the district of Mutoko, 90 miles east of Zimbabwe’s capital, Harare. The air reverberates with […]

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FEATURED
Mining Index Zimbabwe
- January 10, 2022
254 views 3 mins

CHINESE steel giant, Tsingshan Limited will soon release US$60 million to Zesa Holdings for the construction of a power transmission line from Kwekwe to Mvuma. This comes after the Chinese company had made a request to Zesa to improve some of its infrastructure but the power utility dithered. The steel manufacturing giant which has operations […]

836 views
FEATURED
Mining Index Zimbabwe
- January 10, 2022
836 views 34 secs

GOVERNMENT last week officially opened new Environment Management Agency (Ema) offices in Esigodini and Umzingwane districts in Matabeleland South to curb environmental degradation caused by illegal gold mining activities in the area. The opening of the Ema offices came at a time when Bulawayo City Council rangers and the police have launched a joint operation […]

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FEATURED
Mining Index Zimbabwe
- January 10, 2022
205 views 11 mins

AS COMPANIES extract wealth, villagers say they see little benefit and are instead exploited in quarries, live in homes damaged by blasts and are unable to farm polluted land. A convoy of trucks laden with huge black granite rocks trundles along the dusty pathway as a group of villagers look on grimly. Every day more […]

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FEATURED
Mining Index Zimbabwe
- January 10, 2022
349 views 3 mins

MACHETE-WIELDING gold panners in the Midlands province are reportedly terrorizing commercial sex workers, beating them up and refusing to pay for services rendered. Women rights groups say some of the daring gold panners break into sex workers’ lodgings and demanded free services. Talent Jumo, director for Katswe Sistahood urged police and other stakeholders to immediately […]

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FEATURED
Mining Index Zimbabwe
- January 7, 2022
186 views 3 mins

The historic unrest sweeping Kazakhstan hasn’t affected uranium production at top supplier Kazatomprom, an executive for the company said, after the turmoil sparked a surge in prices for the nuclear fuel. Kazakhstan, which produces more than 40% of the world’s uranium, disrupted communications networks and restricted some travel as the country struggled to cope with […]

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FEATURED
Mining Index Zimbabwe
- January 7, 2022
157 views 2 mins

TSX-listed gold exploration and development company Osino Resources has entered into an agreement to acquire the Ondundu gold exploration property, in Namibia, from TSX-listed B2Gold for $15.2-million. The Ondundu gold project is located 250 km northwest of Windhoek. “We believe this is a highly accretive transaction for Osino, as it provides significant additional scale, diversification […]

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FEATURED
Mining Index Zimbabwe
- January 7, 2022
362 views 3 mins

LONDON Stock Exchange-listed Contango Holdings has expanded its portfolio through acquisition of two gold mining ventures while also developing its Matabeleland North-based Lubu coking coal project in Zimbabwe. The diversified resources firm has since identified a number of opportunities in Zimbabwe which could be monetised in order to provide material value to shareholders in the […]

444 views
FEATURED
Mining Index Zimbabwe
- January 6, 2022
444 views 49 secs

By Business Reporter – Thursday 6 January 2022 HARARE (Mining Index) – PADENGA Holdings Limited’s performance is expected to be backed by mining operations as well as the higher foreign currency retention from  the company’s Victoria Falls Exchange (VFEX) listing. Following an export incentive introduced by Government in May last year, Padenga’s board made a […]