News

By Midlands Correspondent  – Wednesday 8 September 2021 HARARE (Mining Index) – HE WAS staring vacantly in the space pondering on the next move. The far away look from his sunken eyes told a story of a hard road traversed in the furrows of life. The thought of living this compound which he had called […]

INCENTIVES by the central bank and fidelity printers and refiners for small scale miners continue to pay dividends as the sector recorded significant improvement in gold yield last month. There has been impressive run in gold production figures, with small scale miners having maintained the momentum on output after securing two tonnes of the yellow […]

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. […]