News

Government has forfeited close to 200 small-scale mines in Matabeleland South after owners failed to comply with various operational requirements governing such enterprises including tax compliance. In a circular, Mines and Mining Development regional director said the takeover was done in accordance with the law. “The following mine locations have on this day Wednesday the […]

CHINESE firm, Afrochine Smelting (Pvt) Ltd has filed a lawsuit against Earthlink Minerals (Pvt) Ltd for carrying out mining operations in Mavhuradonha Wilderness in Muzarabani district. Afrochine cited Earthlink and Mines minister Winston Chitando, who it challenged to tell the court the truth regarding ownership of the controversial mining site. The Zimbabwe chrome smelting giant […]

By Business Reporter – Tuesday 3 August 2021 LOCAL – HARARE (Mining Index) – CHINESE companies have been heavily investing in Zimbabwe’s chrome mining, with government announcing the availing of approximately 8,483.70ha of land to five Chinese companies intending to establish integrated chrome mining and ferrochrome smelters. In recent years, Chinese nationals have been leading […]

Invictus Energy, which is exploring for oil and gas in Muzarabani, has recruited the first batch of 100 local employees from the area for the field campaign process, which will commence soon. A field campaign refers to the seismic data acquisition campaign, to select sites on which oil and gas test wells would be drilled […]

TEN companies will take control of Zimbabwe’s privatised gold refinery, Fidelity Printers and Refiners (FPR), for US$49 million, Finance minister Mthuli Ncube said on Thursday. This will be the first time that the refinery will be in private hands since it was established in 1988. The sale, first announced in December last year, will see […]

STUNG by daring illegal diamond miners operating in cahoots with senior security personnel, the Zimbabwe Consolidated Diamond Company (ZCDC) has invested in long range drones in an effort to reduce leakages. Surveillance points have also been set up at the ZCDC and Ministry of Mines and Mining Development head offices in Harare. Efforts are also […]

INCREASING demand for black granite, particularly in the construction industry, has compelled a Rusape businessman to invest in beneficiation of the dimension stone. Cosmas Granite is getting granite blocks from Mutoko and processing them into floor and wall tiles, table tops, as well as tombstones. The indigenous company is targeting both the local and export […]

ZIMBABWE’S biggest platinum producer, Zimplats, plans to set up two solar power projects with a combined generation capacity of 185MW. The planned solar plants would provide power to the company’s operations in Mashonaland West province. In a public notice, the Zimbabwe Energy Regulatory Authority (Zera) confirmed receiving applications from Zimplats for 80MW and 105MW solar […]