News

Mining companies expect an 11 percent growth output in the second half this year, after seeing production fall across key minerals in the first quarter, the Chamber of Mines of Zimbabwe (CoMZ) has said. Outgoing CoMZ president Elizabeth Nerwande told the miners Annual General Meeting (AGM) and conference in Victoria Falls last Friday that production […]

DIVERSIFIED mining group, Premier African Minerals, has made a placement of £1 million for the ongoing definitive feasibility study at the company’s Zulu Lithium project in Matabeleland South province. The lithium mine is one of the 25 projects that the Government  through general notice 328 of 2021, has granted Exclusive Prospecting Orders for a period […]

THE battle for control of a rich gold mine in Odzi near Mutare turned nasty last weekend after Zanu PF councillor Luxon Mawanga reportedly fired three gunshots as he tried to scare away his rival’s security guards. Mawanga, who leads Paari Mining Syndicate, is embroiled in a bitter ownership wrangle for the mine with Twin […]

Gold miners want financial support through gold loans to boost Production of the yellow metal as the government targets an output of 100 tonnes by 2023. This comes after government has set an ambitious gold production target of 100 tonnes by 2023. Mines and Mining Development Minister Winston Chitando told the Chamber of Mines annual […]

THE Zimbabwe Coalition on Debt and Development (Zimcodd) has said government should expeditiously come up with a clear gold policy to curb illicit trade of the precious mineral. Finance minister Mthuli Ncube recently revealed that about US$1,5 billion worth of gold was smuggled in 2020. Zimcodd executive director Janet Zhou said government should come up […]

A CHIEF of the Mambo dynasty, Bekezela Nyathi is embroiled in a bitter wrangle over mineral claims for gold in Fort Rixon with a miner Blessed Ndiweni. The claims in question are at Car Rhom North 20 mine, which is located at Mount Royal Fort Farm, Fort Rixon in Matabelaland South. Ndiweni (the miner) at […]

THE Chamber of Mines of Zimbabwe (CoMZ) incoming president, Colin Chibafa said he was determined to work with authorities to tackle problems undermining growth in the sector. Chibafa, the Unki Mine chief finance officer, outlined his game plan as he took over the presidency from Mimosa Mining Company corporate affairs executive Elizabeth Nerwande in Victoria […]

PRESIDENT Emmerson Mnangagwa said time was running out for the mining sector, which has undertaken to ramp up output and increase annual forex revenues to US$12 billion. The industry currently generates about US$2 billion annually. Under a roadmap announced by Mines minister Winston Chitando about two years ago, most mineral volumes will rise after the […]

Gold mining companies have asked Government to facilitate access to loans needed to increase production and ensure the country achieves its targeted 100-tonne output by 2030. The metal is Zimbabwe’s second-biggest export earner after platinum. Both gold and platinum generate more than half the country’s exports. Mines and Mining Development Minister Winston Chitando told the […]

Government has placed priority on increased exploration of hydrocarbons (oil and gas), as part of strategies to drive progress towards US$12 billion industry target by 2023, Mines and Mining Development Minister Winston Chitando has said. But a mining legal expert, Mr Nicolas Bonnefoy, said the Government needed to expedite the process of completing an attractive […]