244 views
FEATURED
Mining Index Zimbabwe
- December 21, 2021
244 views 5 secs

EIGHT Shamva illegal gold miners were charged with attempted murder after they allegedly assaulted a rival miner with an axe in a fight over gold claims. Llyod Musemwa, Tafadzwa Bandawa, Evidence Musemwa, Talent Bhobho, Khedha Madhoti, Fyrum Chatura, Low Zvemanyati and one Gora appeared before Bindura magistrate Samantha Dhlamini on Friday. They were not asked […]

406 views
FEATURED
Mining Index Zimbabwe
- December 20, 2021
406 views 56 secs

Botswana and De Beers have extended their current sales contract by another year, the diamond miner said on Friday, citing logistical challenges presented by the Covid-19 pandemic. This is the second extension of the agreement for the sale of Debswana’s rough diamond production. The agreement was due to expire at the end of 2020, but […]

199 views
FEATURED
Mining Index Zimbabwe
- December 20, 2021
199 views 4 mins

Global coal-fired electricity generation is powering towards an all-time high, as the rapid economic recovery of 2021 has pushed up demand faster than low-carbon supplies can keep up, while steeply rising natural gas prices have made coal more competitive, says the International Energy Association (IEA). In its ‘Coal 2021’ report, published on December 17, the […]

490 views
FEATURED
Mining Index Zimbabwe
- December 20, 2021
490 views 8 mins

GOVERNMENT’S 2005 hostile take-over of the Shabanie-Mashava Mines (SMM) Holdings has resurfaced with the Reconstruction Act, blamed by many for destroying several companies, coming into the spotlight. Former SMM workers, who are languishing in abject poverty in and around Zvishavane, believe the law brought nothing but suffering for former mine workers who are still waiting […]

348 views
FEATURED
Mining Index Zimbabwe
- December 20, 2021
348 views 3 mins

GWERU mayor Josiah Makombe has blamed Chinese-owned mining vehicles for damaging city roads. Makombe said the Midlands capital was witnessing a proliferation of Chinese companies venturing into chrome smelting, but contributing little to infrastructural development. He said the impact of some mining operations in the province had become a cause for concern, particularly on the […]

215 views
FEATURED
Mining Index Zimbabwe
- December 20, 2021
215 views 4 mins

Premier African Minerals Limited is in discussions with various suitors interested in taking up a stake in its Matabeleland based Zulu Lithium project and due diligence is in progress. Premier African Minerals is a multi-commodity mining and natural resource development company focused on Southern Africa with its RHA Tungsten and Zulu Lithium projects in Zimbabwe. […]

203 views
FEATURED
Mining Index Zimbabwe
- December 17, 2021
203 views 2 mins

China’s embassy in Afghanistan warned its companies and citizens on Friday not to “blindly” visit the country to inspect mineral resources, after reports of foreigners being detained without exploration permits. Afghanistan’s Ministry of Mines and Petroleum has “extremely strict” standards for issuing permits for prospecting for minerals, the embassy said, adding that companies and individuals […]

201 views
FEATURED
Mining Index Zimbabwe
- December 17, 2021
201 views 8 mins

The Democratic Republic of Congo’s central bank has failed to account for $530 million that state mining company Gecamines says it paid to the government mostly during former President Joseph Kabila’s final term in office, the nation’s top anti-corruption official said. The disappearance of the so-called tax advances was flagged by Inspector General of Finance […]

230 views
FEATURED
Mining Index Zimbabwe
- December 16, 2021
230 views 7 mins

Treasury will audit some Chinese gold mining operations amid revelations they have been importing equipment duty-free but failing to sell the yellow metal to Fidelity Printers and Refineries (FPR). Government had introduced a rebate and tax relief system that saw mining companies import capital equipment duty-free to ramp up production. “The new proposed measures will […]

375 views
FEATURED
Mining Index Zimbabwe
- December 16, 2021
375 views 2 mins

TWO illegal gold panners died Monday while another was seriously injured and hospitalised after a shaft they were working in collapsed at a Banket farm. The illegal prospectors had allegedly dug pits in search of gold at ID Farm situated six kilometres from Banket, along the Mazvikadei Resort Road. The farm is owned by former […]