343 views
FEATURED
Mining Index Zimbabwe
- May 17, 2021
343 views 3 mins

Export incentives to boost VFEX

Incremental export incentives announced by Government will encourage listing of exporters on the Victoria Falls Stock Exchange (VFEX), the bourse’s chief executive officer Justin Bgoni has said. Last week, Finance and Economic Development Minister Mthuli Ncube revealed, through a press statement, incentives that are expected to encourage listing and participation of firms on the VFEX. […]

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244 views
FEATURED
Mining Index Zimbabwe
- May 17, 2021
244 views 5 mins

Caledonia happy with FPR’s gold payment system

Caledonia Mining Corporation, the parent company for Gwanda-based gold producer, Blanket Mine, is pleased with Reserve Bank of Zimbabwe’s move to give Fidelity Printers and Refiners (FPR) the responsibility for payments of gold deliveries and says the new system is operating well. According to Caledonia, this move will simplify and improve the mechanism for receiving […]

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341 views
FEATURED
Mining Index Zimbabwe
- May 17, 2021
341 views 4 mins

Shaft flooding hits Blanket output

GOLD output at Caledonia Mining Corporation slipped to 13 197 ounces during the first quarter of this year, compared to 14 233 ounces during the same period last year after shafts at Blanket Mine were flooded as heavy rains pounded Zimbabwe, the firm has said. However, Caledonia’s revenue marginally increased during the period on the […]

3233 POSTS
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350 views
FEATURED
Mining Index Zimbabwe
- May 15, 2021
350 views 5 mins

US$783k gold smuggling ensnares intelligence officer

Central Intelligence Organisation officer Chamakandiona Nyahunda has been arrested on suspicion of carrying more than 13kg of gold in 23 pieces worth US$783 000 through Robert Mugabe International Airport terminal on a route that avoided all security checks, thus abusing his position, and then handing the gold in the final waiting area to the person […]

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137 views
FEATURED
Mining Index Zimbabwe
- May 14, 2021
137 views 45 secs

Forex shortages hit small miners

The Zimbabwe Miners Federation says there has been a decline in gold purchases due to foreign currency shortages, a situation that has badly affected the operations of small scale artisanal miners. In an interview recently ZMF spokesperson Mr Dosman Mangisi said the cash shortages on the market have impacted negatively on the small scale mining sector which […]

3233 POSTS
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388 views
FEATURED
Mining Index Zimbabwe
- May 14, 2021
388 views 4 mins

Shaft flooding hits Blanket output

GOLD output at Caledonia Mining Corporation slipped to 13 197 ounces during the first quarter of this year, compared to 14 233 ounces during the same period last year after shafts at Blanket Mine were flooded as heavy rains pounded Zimbabwe, the firm has said. However, Caledonia’s revenue marginally increased during the period on the […]

3233 POSTS
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370 views
FEATURED
Mining Index Zimbabwe
- May 14, 2021
370 views 3 mins

ZMF calls for full utilisation of mining claims

THE Zimbabwe Miners Federation (ZMF) has called for full utilisation of mining claims in the country so as to increase export earnings and widen job opportunities for the youth. ZMF vice president, Mr Marufu Sithole, who was speaking during a recent Youth Miners Association workshop in Gweru, said unlocking the value of disused mining claims […]

3233 POSTS
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214 views
FEATURED
Mining Index Zimbabwe
- May 13, 2021
214 views 5 mins

Global giant fires Hwange furnaces

CHINESE global investor, Tsingshan Holding Group, has started construction of its second 150 000-tonne coke battery in Hwange, Matabeleland North Province, following completion last month of the first project of the same capacity. Construction of a third coke battery and power station will start in November 2021, again in Hwange. On Tuesday, the Cabinet received […]

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191 views
FEATURED
Mining Index Zimbabwe
- May 13, 2021
191 views 3 mins

Gold smuggling: Heads to roll at airport

POLICE will leave no stone unturned in establishing how a gold smuggler sneaked out of the Robert Gabriel Mugabe International Airport undetected, only to be arrested in South African. Home Affairs and Cultural Heritage Minister Kazembe Kazembe said heads will certainly roll at the RGM International Airport where it’s suspected a syndicate could have aided […]

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230 views
FEATURED
Mining Index Zimbabwe
- May 13, 2021
230 views 8 mins

Chitando wades into mining grant war

An investment vehicle linked to former ZANU-PF youth leader, Lewis Matutu, has appealed to the Mines and Mining Development minister Winston Chitando, to intervene in the resources company’s mining claims dispute with Gavin Bredenkamp, who  controls  the Thetford Estate, in Mazowe. Gavin, is the son of the late John Bredenkamp, and is now running the […]

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