140 views
FEATURED
Mining Index Zimbabwe
- April 7, 2021
140 views 7 mins

Multiple headwinds pull back VFEX

ZIMBABWE’s new bourse, the Victoria Falls Stock Exchange (VFEX) has been pulled back by multiple headwinds stemming out of its “politically motivated” founding process last year after Zanu PF hawks were angered by fungible counters, analysts said this week. The hype that permeated Zimbabwe’s capital markets during the build up to the VFEX’s launch six […]

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285 views
FEATURED
Mining Index Zimbabwe
- April 7, 2021
285 views 2 mins

Miners push for massive RDC levy cuts

ZIMBABWE’s small-scale miners have ratcheted pressure on local authorities to cut annual levies by up to US$13 750 to save operations that have been affected by COVID-19-induced lockdowns. The miners on Monday said they were paying up to US$14 000 a year in rural district council (RDC) levies, but want this slashed to US$250 in […]

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192 views
FEATURED
Mining Index Zimbabwe
- April 7, 2021
192 views 3 mins

Blanket completes Zim’s deepest gold shaft

RESOURCES firm Caledonia Mining Corporation has blasted off its first gold ore at the US$67 million Central Shaft at Blanket Mine in Gwanda, marking the beginning of a new era following six years of protracted development. Central Shaft represents one of the most recent significant gold mining investment projects in Zimbabwe that is a game-changer […]

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366 views
FEATURED
Mining Index Zimbabwe
- April 6, 2021
366 views 4 mins

Muzarabani among top global oil/gas prospects

Zimbabwe’s Muzarabani oil and gas exploration project has made it to the list of this year’s Top Five oil and gas wildcat drilling compiled by leading global energy price, research and analysis site – OilPrice.com. This comes after developer, Australia Stock Exchange (ASX) listed Invictus Energy, signed a petroleum exploration development and production agreement (PEDPA) with […]

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267 views
FEATURED
Mining Index Zimbabwe
- April 6, 2021
267 views 3 mins

Nhimbe in largest solar crowd sale

The Sunexchange Nhimbe Fresh crowd sale has raised US$2,5 million to finance a 1,9 megawat solar plant, making it the largest solar crowd sale in Africa so far, in a massive show of investor confidence for Zimbabwe. Sunexchange is a U.S owned company based in South Africa with a platform where investors can buy solar […]

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137 views
FEATURED
Mining Index Zimbabwe
- April 6, 2021
137 views 22 secs

Female artisanal miner robbed at gunpoint

A 34-YEAR-OLD Shamva female artisanal miner last week lost US$3 500 to armed robbers. Mashonaland Central provincial police spokesperson Inspector Milton Mundembe confirmed the robbery. “I can confirm a robbery case that occurred in Shamva, where a female artisanal miner was robbed of her US$3 500 by three suspects. One had a pistol, while two […]

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4378 views
FEATURED
Mining Index Zimbabwe
- April 5, 2021
4378 views 4 mins

Minerals found in Zimbabwe and where to find them

Below is a list of minerals found in Zimbabwe and where to find them. 1. Agate Nyamandhlovu, Chikomba (Charter) Lupane 2. Aluminum Mutare, Nyanga, Mwenezi 3. Amazonite Nyamandhlovu, Rushinga 4. Amethyst Nyamandhlovu, Hurungwe, Hwange, Makonde, Lupane 5. Antimony Kwekwe, Bubi, Mberengwa, Kadoma, Shurugwi 6. Arsenic Bubi, Shurugwi, Mutare, Gwanda 7. Asbestos 1 Masvingo, Gwanda, Matobo, […]

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244 views
FEATURED
Mining Index Zimbabwe
- April 4, 2021
244 views 4 mins

18 years for diamond heist

A young man has been slapped with an 18-year jail term for the brutal murder of an illegal diamond dealer he and his fugitive accomplice stabbed 29 times in Odzi, Marange. Although he was still a minor when he committed the heinous crime last year in January, the High Court treated Shoorai Gwenzi as an […]

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121 views
FEATURED
Mining Index Zimbabwe
- April 4, 2021
121 views 35 secs

Premier initiates feasibility study for Mat’South project

DIVERSIFIED and Zimbabwe-focused mining group, Premier African Minerals has initiated a definitive feasibility study (DFS) and a funding strategy to be applied in future development of its Zulu lithium and tantalum project in Matabeleland South. In a statement, Premier said the Zulu deposits were contained within an Exclusive Prospecting Rights area greater than 200 square […]

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133 views
FEATURED
Mining Index Zimbabwe
- April 4, 2021
133 views 3 mins

Minister assures Hwange villagers

THE Minister of State for Provincial Affairs and Devolution for Matabeleland North, Cde Richard Moyo, has dispelled fears that villagers in Dinde in Hwange will be evicted to make way for a coal mining project. Cde Moyo, who was responding to concerns raised by villagers who are locked in an impasse with Chinese company, Beifer […]

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