News

By Staff Reporter HARARE (Mining Index) – PRESIDENT Emmerson Mnangagwa earlier this month inked a massive US$1,4 billion deal with Zimplats. Speaking in Mhondoro during the signing of the Memorandum of Agreement between government and one of the country’s platinum mining giant, the President described the deal as a milestone development. “It gives me great […]

By Staff Reporter HARARE (Mining Index) – AUSTRALIAN and Frankfurt Stock Exchange listed miner, Prospect Resources at the close of October announced that the lithium miner had received firm commitments for A$18 million in new equity proceeds through an institutional placement. Among its priorities for the raised funds, Prospect endeavours to perform further mining explorative […]

By Godknows Hofisi HARARE (Mining Index) – AN EXCLUSIVE Prospecting Order (“EPO”) is issued in terms of Part VI of the Mines and Minerals Act (Chapter 21:05), (“the Act”) of Zimbabwe. It confers exclusive rights to prospect for specified minerals in any identified location in the country. Application for an EPO This is made in […]

By Tendai Sahondo HARARE (Mining Index) – RESURRECTING ZISCO steel does not require a magician or a mega-deal but good old innovation and foresight claims Dosman Mangisi, the Chief Operating Officer of Zimbabwe Institute of Foundries (ZIF). In an intriguing interview with Mining Index, Mangisi said exploiting a few low hanging fruits such as the […]

ZIMBABWE is a country blessed with an abundance of mineral resources which if used transparently can help revive the ailing economy and tame runaway inflation that is threatening to reach three-digit levels. It is no doubt that the country’s abundant mineral resources can provide a foundation for locals to raise their living standards. This is […]

ONE important development took place during the recent assessment of the impact of sanctions on Zimbabwe by the United Nations (UN) Special Rapporteur Alena Douhan. A clique of the elite under the Political Actors Dialogue pushed aggressively for the lifting of restrictions on international trade in Zimbabwe’s diamonds. This was not surprising at all. This […]

Sugar Chagonda in Moscow, Russia Zimbabwe has been commended for embracing the Initiative for Responsible Mining Assurance (IRMA) Standard by the Kimberley Process (KP) a development which has witnessed a significant reduction of reports of violence and other forms of social ills in the Marange diamond fields. The submission was made by the Kimberley Process […]

Zimbabwe is bullish on reaching over 28 tonnes of the gold output this year following a good run averaging three tonnes per month since June. In June 2021, the half year gold output was 9.948 tonnes. Output has surged to over 12 tonnes within four months to 22.024 tonnes due to a 5% incentive on […]