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THE uproar against Chinese investors continues to reverberate across Zimbabwe. From Muvuradonha in Mashonaland Central to Mutoko, Mashonaland East, Chinese gold, chrome and granite mining firms have been accused of decimating delicate environments, along with attempts to displace thousands of villagers from their ancestral lands. But nowhere could relations be worse than in Mutorashanga, a […]

CALEDONIA Mining Corporation yesterday increased its target of funds for a planned listing on the Victoria Falls Stock Exchange (VFEX) to US$8 million after a positive response from Zimbabwean investors, chief executive officer Steve Curtis has said. The firm, which holds majority control in Blanket Mine, will list on December 2, 2021. In a shareholder […]

Two Chinese nationals have been killed and an unknown number of other people kidnapped in an attack by the Codeco militia on a mining camp in eastern Democratic Republic of Congo, an army spokesman said on Thursday. A local chief and a civil society leader also confirmed the two deaths and said eight other Chinese […]

INVESTORS have been urged to consider investing in Zimbabwe’s mining sector as it presents many competitive opportunities to different needs. The mining sector in Zimbabwe accounts for around 65 percent of the country’s foreign currency receipts. The country has witnessed several big developments on the mining front in the past years. In a presentation at […]

A trio of miners in Madziva were on Thursday around 7 pm forced to surrender their possessions at gunpoint by armed robbers. Speaking to Mrs Munyoro, a ZMF member, she said the cases of miners being robbed in Madziva has increased. “Armed robbers have heavily troubled the miners of Madziva,” said Munyoro. The miners, Tendai […]

THE Zimbabwe Electricity Supply Authority (Zesa) says it is not directly involved in the processes to establish a 97km long high voltage powerline whose delay has hampered progress in the construction of a US$1 billion iron and steel plant in Mvuma. This follows media reports that said the construction of the plant was in danger […]

OLD Mutual Zimbabwe has invested US$20 million in green energy projects to help the southern African country address power shortages, an executive said Wednesday. The firm, which presides over several financial services outfits on the domestic market, said it partnered with power producer, Solgas to develop a five-megawatt (MW) plant near Hwange. The first phase […]

Mineral prices were subdued in October as the United States dollar held firm while the demand in China, the biggest consumer of local minerals fell owing to crippling power challenges. Zimbabwe exports its platinum, copper and nickel to China. But, with the Asian giant experiencing severe power cuts, the demand for Zimbabwe’s minerals went down. […]