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THOUSANDS of Domboshawa villagers on the outskirts of Harare face imminent displacement to accommodate a clique of gold miners with strong links to the ruling Zanu PF party and top government officials. It also emerged this week that the fresh gold rush is happening without following proper channels, including an environmental impact assessment (EIA) and […]

Jewelers in India have started selling gold for a little over $1 online after the pandemic upended sales, forcing them to reassess traditional ways of doing business. Sales crashed last year in the second-biggest consumer after a nationwide lockdown shuttered stores across the country. But it also led to a bump in India’s nascent market […]

Zimasco, one of the country’s biggest chrome smelters, plans to more than double annual smelting capacity to 400,000 tonnes over the next three years. The Sinosteel unit plans to ramp up output of the stainless steel ingredient by installing a new 160,000 tonne plant at its Neta project in the Midlands if the state-owned power […]

Zimbabwe has been asked to settle a $70-million debt after it lost an international arbitration case over canceled nickel and platinum ventures between a private company and the State miner more than a decade ago. Companies linked to Amaplat Mauritius made the proposal in a September 15 letter to Zimbabwe’s Secretary for Finance and Economic […]

THARISA said it was due to present a development proposal for a platinum group metals (PGM) mine in Zimbabwe before the year-end after resuming drilling on the project at the end of last year and completing technical studies. The company has a 26.8% stake in Karo Platinum which was in March this year awarded the […]