News

ZIMBABWE’S gold deliveries declined to 3,97 tonnes during the first three months of 2021 from  5,72 tonnes during the comparable period last year after heavy rains swamped shafts and kept artisanal miners from work for prolonged periods. Following years of protracted droughts, Zimbabwe has just had a good rainfall which has resulted in a bumper […]

The Zimbabwe Stock Exchange listed firm wants to build a 2 800 megawatt (MW) power plant in Sengwa, Gokwe North, and has provisionally agreed a construction contract with Power China. But progress on the long-standing project is facing delays due to persistent demands by Chinese funders for a sovereign guarantee that ensures the loan is […]

A gold rush spawned by discovery of ore by a woman in Gokwe North District has seen more than 8 000 people descending on Tongogara community a fortnight ago to illegally extract the mineral.  Law enforcement agencies have since been deployed to maintain law and order after it emerged that the place had become not […]

ARTISANAL and small-scale miners in Umguza District, Matabeleland North have raised concern over double pegging of mining claims. Speaking on the sidelines of the Umguza Miners Association revival meeting last week, the newly appointed Umguza Miners Association chairman, Mr Themba Tshuma said there has been a growing number of mining claims that have been double […]

MINE workers who were exposed to harmful substances and ended up contracting Silicosis or Tuberculosis at South African gold mines are set to receive compensation ranging from R10 000 to R500 000. This development comes after the High Court in Johannesburg approved the settlement in the Silicosis and Tuberculosis class action reached on 26 July 2019 […]

Resources group Caledonia Mining Corporation Plc says first quarter gold production at its local unit — Blanket Gold Mine came in slightly lower than same period last year due to flooding. The quarter under review is generally synonymous with rains which result in lower production due to flooding. During the first quarter to March 31, 2021, Blanket […]

CHINESE firm, BEIFA Investment (Pvt) Limited has petitioned the ruling Zanu PF party to rein in its shadow MP Reed Dube after he allegedly visited the disputed coal mine project in Dinde, Hwange, in a marked party vehicle and incited villagers to resist the company’s site mobilisation process. The developments came a few days after […]

AUSTRALIA Stock Exchange (ASX)-listed mining firm, Prospect Resources is to sink a further US$5 million into Arcadia Mine following an overwhelming response to its fundraising initiative announced last week. Arcadia is one of the most promising lithium projects in Zimbabwe, where at least four multinationals are at various stages of developing mines following a boom […]

HWANGE (Mining Index) – FOLLOWING two years of resistance from the Dinde community, Bei Fa Investments, a company owned by Chinese nationals allegedly involving some powerful Zimbabwean politicians, moved in to pitch a tent at the heart of the community over its intention to explore for coal in the area. By Business Reporter – Monday […]

More than half of the work on the expansion project at Hwange Power Station has been done more than three years into the project, President Emmerson Mnangagwa said on Sunday. Upon completion, the country’s largest coal-fired power plant, which has an installed capacity of 920 megawatts (MW), will add two power generators – unit 7 […]