News

By Business Reporter – Tuesday 07 September 2021 HARARE (Mining Index) – MINERS say the current taxation regime within the Artisanal and Small-scale  Mining (ASM) sector remains complex, notwithstanding efforts to formalize the sector. Despite the Ministry of Mines and Mining Development setting an ambitious US$12 billion mining target by 2023, the small-scale and artisanal […]

By Business Reporter – Monday 6 September 2021 Harare (Mining Index) – GOKWE Mapfungautsi MP Tawanda Karikoga said mineral wealth in his constituency is not yet fully exploited and if fully exploited the resources will uplift the lives of people Mapfungautsi. In an interview with Mining Index, Karikoga said his constituency has abundant gold deposits […]

Zimbabwe’s government has increased the strategic reserve levy by as much as 323%, a move which will push the country’s fuel price, already the highest in the region, higher. A notice by Finance and Economic Development Minister Mthuli Ncube, issued on 3 September 2021, shows that the strategic reserve levy, which is charged on all […]

THE Zimbabwe Diamonds and Allied Workers Union of Zimbabwe (ZDAMWU) is pushing for a 270% salary increase that would see the least paid worker pocketing at least $65 000 per month. They are currently earning $24 000. In a statement, ZDAMWU secretary-general Justice Chinhema accused the Chamber of Mines frustrating employees. “The Chamber of Mines […]

South Africa’s President Cyril Ramaphosa has responded to an application by the Friends of Shabanie Mashaba Mines (FOSMM), seeking his country’s courts to compel him (Ramaphosa) to take steps to correct the unconstitutional recognition and enforcement of the rights acquired by the government of Zimbabwe concerning SMM through a decree in the territory of SA. […]

By Business Reporter – Saturday 4 September 2021 HARARE – HARARE (Mining Index) – MINE workers are threatening a crippling job action across the country over poor salaries they are currently receiving which they argue is not only below the poverty datum line but has also been eroded by inflation. In a statement the Zimbabwe […]

A Chinese mining company, Heijin, is pushing to evict hundreds of villagers in Murehwa, Mashonaland East province, after it was given a special mining grant to extract black granite on densely populated land covering 300 hectares, the Zimbabwe Independent can exclusively reveal. This comes at a time Chinese companies are frenziedly descending on the province, […]