165 views
FEATURED
Mining Index Zimbabwe
- September 14, 2021
165 views 5 mins

Mineworkers demand US$600 pay per month

Mineworkers have demanded their pay base to be pegged at US$600 inclusive of their Covid 19 allowances. In a statement Zimbabwe Diamond Allied and Mineral Workers Union Secretary-general Justice Chinhema said as they are approaching the last quarter of the year Mine workers now believe Chamber of Mines frustrating them. “The Chamber of Mines is […]

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133 views
FEATURED
Mining Index Zimbabwe
- September 14, 2021
133 views 2 mins

China’s Jiangxi Copper to develop Afghanistan copper mine when situation allows

BEIJING – China’s Jiangxi Copper Co said on Monday that it and the Metallurgical Corp of China (MCC) are monitoring the situation in Afghanistan and will push forward with the Mes Aynak copper mine when they can. The company and MCC took on a 30-year lease for the mine in 2008, which has an estimated […]

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236 views
FEATURED
Mining Index Zimbabwe
- September 14, 2021
236 views 7 mins

Robust metals price outlook softens in 2022 – reports

The global metals and mining industry outlook has changed from ‘positive’ to ‘stable’, with a new Moody’s Investors Service report finding that despite most metals prices exceeding historical marks, that doesn’t mean they will improve from current levels. The high current price levels are expected to fade despite expected high overall demand for metals and […]

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228 views
FEATURED
Mining Index Zimbabwe
- September 13, 2021
228 views 53 secs

NEC dismisses new ‘social media’ mining wages

By Business Reporter – Monday 13 September 2021 HARARE (Mining Index) – THE National Employment Council (NEC) for the mining industry has dismissed new wages for mine workers which have been circulating on social media as fake. Theere has been reports that NEC had approved new wages for mine workers. “The NEC for the mining […]

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210 views
FEATURED
Mining Index Zimbabwe
- September 13, 2021
210 views 3 mins

Zambian President promises to cut deficit, review mining policies

Zambian President Hakainde Hichilema said on Friday his new government would implement policies to reduce the fiscal deficit, restore economic growth and review mining policies. In his first address to a new session of parliament since his election in August, Hichilema said officials would also review agricultural policies, revise electricity prices and reform state power […]

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252 views
FEATURED
Mining Index Zimbabwe
- September 13, 2021
252 views 3 mins

JSE-listed Murray & Roberts nears deal to help develop Zimbabwe’s biggest platinum mine

JSE-listed multinational construction company Murray & Roberts (M&R) is adding Zimbabwe’s new Darwendale platinum mine among R84 billion worth of contracts that it hopes to wrap up this year. The mine, run by Great Dyke Investments (GDI), is projected to be the country’s biggest platinum operation. Of the R84 billion current tenders, Zimbabwe is among […]

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267 views
FEATURED
Mining Index Zimbabwe
- September 13, 2021
267 views 2 mins

Artisanal and small-scale miners to contribute US$4 billion to targeted mining economy by 2023

By Business Reporter – Monday 13 September 2021 HARARE (Mining Index) – SMALL-scale miners say they are targeting to contribute US$4 billion to the targeted US$12 billion mining economy by 2023. Zimbabwe Miners Federation (ZMF) chief executive officer (CEO) Wellington Takavarasha said artisanal and small-scale miners (ASM) have an important role to play towards the […]

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329 views
FEATURED
Mining Index Zimbabwe
- September 10, 2021
329 views 54 secs

Christie’s to Sell Marie Antoinette’s Diamonds

Christie’s expects to garner up to $4 million for a pair of diamond bracelets belonging to Marie Antoinette, former queen of France, at its Geneva sale in November. The set, which contains 112 diamonds, will lead the Magnificent Jewels sale, Christie’s said Wednesday. The queen originally purchased the bracelets in 1776 for 250,000 livres, a […]

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403 views
FEATURED
Mining Index Zimbabwe
- September 10, 2021
403 views 4 mins

Balancing mining and the environment

By the Environmental Management Agency (EMA) HARARE (Mining Index) – MINING is one of the prescribed activities under the first schedule of the Environmental Management Act (Cap 20:27) and should undergo an Environmental Impact process prior to implementation.  What is an Environmental Impact Assessment (E.I.A)? An EIA is assessment of the possible impacts that a […]

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705 views
FEATURED
Mining Index Zimbabwe
- September 10, 2021
705 views 7 mins

Understanding mining tribute agreements

By Godknows Hofisi HARARE (Mining Index) – TRIBUTE agreements are quite common in the mining sector. This article seeks to give readers insights into these agreements which are regulated by the Mines and Minerals Act (Chapter 21:05) (“the Act”). Key definitions According to section 283 of the Act a tribute agreement means any agreement or arrangement […]

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