News

 By Lucy Tandi – Tuesday 27 July 2021 HARARE (Mining Index) – THE Ministry of Mines and Mining Development says it is working tirelessly to ensure automation of the much-awaited Mining Cadastre Information System by end of this year. The much-awaited cadastre system is an e-government system through which stakeholders in the Zimbabwean mining industry […]

 By Lucy Tandi – Tuesday 27 July 2021 HARARE (Mining Index) – ZIMBABAWE is estimated to be consuming an average of 24 tons of mercury (Hg) per annum during gold processing. Mercury is a naturally occurring metallic element, which at room temperature and in its pure form is a silvery-white liquid. Hg has been widely […]

INVICTUS Energy, the Australian firm prospecting for oil and gas in Muzarabani, may start drilling exploration wells early next year after taking delivery of state-of-the-art equipment to be used in identifying well sites.  Managing director Mr Scott MacMillan said the more than 20 truckloads of seismic survey equipment offloaded at Durban Port were now on […]

By Lucy Tandi – Friday 23 July 2021 HARARE (Mining Index) – CHINA’S biggest bank, the Industrial and Commercial Bank of China (ICBC) has withdrawn its interest to finance the construction of a US$3 billion thermal power project in Zimbabwe, campaigners said after meeting bank officials last month. ICBC told environmentalists in a meeting that they […]

Zimbabwe’s gold export receipts rose 23% to US$464.2m in the first six months of this year from US$377.9m achieved in the prior comparative period propelled by firming prices on the international markets. The yellow metal was on average fetching US$46,600 per kilogramme (kg) during the reviewed period compared to US$35,600 per kg in 2020. However, […]

AUSTRALIA Stock Exchange-listed lithium miner, Prospect Resources says it has produced 25 kilogrammes of spodumene concentrate from core samples collected at Arcadia Mine, a world-class asset under development in Zimbabwe. Spodumene is considered the most important lithium ore mineral, which is crashed to form a concentrate before shipment to chemical manufacturing companies worldwide. The firm […]

The Mines and Minerals Act (Chapter 21:05) (the Act) is the principal Act regulating the mining industry in Zimbabwe.  There are several regulations and other Acts that apply. In this article an overview is given of the Act. Space permitting specific issues or parts of the Act will be dealt with in future. Arrangement of […]

As global copper prices continue firming and demand of the commodity likely to surge on massive capital expenditure on the green projects, Zimbabwe has set sights on resuming copper production by 2023, a Cabinet minister said. While oil remain a key energy sector, analysts believe the use of copper will play a critical role in […]

VICTORIA Falls Stock Exchange (VFEX) listed company, Padenga Holdings Limited, has invested US$50 million in Eureka Gold Mine with the Guruve-based mining project set for opening this month. Eureka was forced to shut operations after running into viability problems two decades ago with capital shortages at the centre of the mine’s troubles. Through its gold […]