News

The Zimbabwe International Trade Fair Company (ZITF) wishes to inform exhibitors, visitors, buyers, delegates and all other stakeholders that the 27th edition of the mining, engineering and transport exhibition, Mine Entra, originally scheduled for July 17-19, 2024, in Bulawayo, has been postponed to a date yet to be confirmed. Consultations regarding suitable dates are underway […]

As Finance Minister Mthuli Ncube prepares his mid-term budget statement, miners are sounding alarm on the impact of government policy on an industry already bleeding from low metal prices. In an appeal to Ncube, the Chamber of Mines warns that large-scale miners may scale back production due to high costs and taxes, pleading for lower […]

AN Australia Stock Exchange (ASX)-listed company, MetalsGrove, whose initial exploration bid for Zimbabwe’s lithium came up short, announced that it will continue to pursue assets at the Beatrice and Arcturus sites, which are located near some of the region’s largest finds. In an update to shareholders, MetalsGrove shared results from its exploration efforts, stating that […]

CANADIAN-listed miners Pambili Natural Resources Corporation and Zephyr Minerals Limited are intensifying efforts to secure approvals from Zimbabwe for their gold and lithium operations. Last week, Pambili announced it had received approval to convert a 50-hectare milling site at Golden Valley Mine in Mashonaland West to five 10-hectare bullion claims. This follows Zephyr’s recent successful […]

Hwange Colliery Company Limited (HCCL) has been accused of cutting off electricity supplies to houses being occupied by over 300 of its former employees in a bid to force them to vacate the properties. HCCL started pushing for the evictions of its ex-workers in 2022 following a court order, but the former workers have been […]

THE Zimplats Mhondoro-Ngezi, Chegutu, Zvimba Community Share Ownership Trust (CSOT) has pumped US$100 000 this year alone into three rural development projects to transform marginalised communities. These include a piped water initiative at Neuso business centre, Gavhunga Primary School classroom block rehabilitation and the establishment of a clinic in Zvimba district. Minister of State for […]

The Zimbabwe Revenue Authority (Zimra) has just released its 2023 report, which shows how the decimation of the formal sector is hurting the government in the pocket. Here are some of the key takeaways from the report. VAT is Govt’s biggest source of income VAT is the single largest source of government income, accounting for […]

A CHINESE investor, under siege from alleged corrupt individuals including government officials, is threatening to ditch the US$40 million Hwange Coal Gasification Company (Pvt) Limited (HCGC) after losing coke worth approximately US$2m in five days in alleged corrupt activities. In a case involving several individuals accused of name-dropping, especially President Emmerson Mnangagwa’s name and other […]

ZIMBABWE Diamond and Allied Minerals Workers Union (ZDAMWU) is set to hold its second congress from August 29 to 31 in Bulawayo this year. ZDAMWU general-secretary Justice Chinhema revealed the development in a statement yesterday saying the congress will be held under the theme ‘Promoting Inclusive Building Union Power towards Unlocking Job Security and Transformation’. […]

Namib Minerals, an established gold producer in Africa, is set to expand its operations significantly with the planned revival of Mazowe Mine also known as Jumbo and Redwing, in Zimbabwe. Namib Minerals is an established African gold producer with an attractive portfolio of mines in Zimbabwe supported by high-grade, low-cost production, extensive infrastructure and pro-mining […]