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FEATURED
Mining Index Zimbabwe
- March 31, 2021
206 views 5 mins

Blanket mulls US$36m investment

GWANDA-BASED gold miner, Blanket says it is planning to invest US$35,8 million in plant maintenance and the implementation of its new underground operation called Central Shaft. The massive capital outlay will also be deployed towards setting up the firm’s solar power plant, which is key to ameliorating hurdles caused by erratic electricity supplies. Blanket Mine […]

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174 views
FEATURED
Mining Index Zimbabwe
- March 30, 2021
174 views 2 mins

Chipinge’s gold rush a hoax

Hundreds of gold panners across the country have invaded different parts of Chipinge in search of gold deposits that were reportedly discovered in the district last week. The gold deposits were reportedly discovered in Ngaone and Tamandai areas. Gold buyers are also thronging the area to buy the precious mineral. However, which some panners have […]

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245 views
FEATURED
Mining Index Zimbabwe
- March 30, 2021
245 views 51 secs

Gaika Invests An Extra US$2 Million For Gold Exploration

Gaika gold mine has revealed that it will be injecting US$2,1 million for exploration purposes. The investment comes after a similar exercise worth US$5,4 million revealed that there are gold deposits worth an estimated US$3,4 billion. A technical report on the findings, audited by Canadian geological and consultancy firm, Watts Griffis and McOuat said it […]

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255 views
FEATURED
Mining Index Zimbabwe
- March 30, 2021
255 views 4 mins

Invictus raises $10.4m for Muzarabani oil/gas

Invictus Energy, an Australia Stock Exchange (ASX) listed extractives junior exploring for oil and gas in Muzarabani, has completed a share placement with investors to raise about US$10.4 million (A$8m) exploration funding, days after completing an important agreement with the Government. The funding will be applied towards the next phase of its exploration programme, which […]

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266 views
FEATURED
Mining Index Zimbabwe
- March 30, 2021
266 views 3 mins

ZMF on local equipment

THE Zimbabwe Miners Federation (ZMF) has noted that there is a need for miners to buy locally manufactured mining equipment as most of the imported ones had a short life span. Speaking at the ZMF service providers strategic meeting in Bulawayo on Friday, ZMF president Ms Henrietta Rushwaya said she had engaged the Ministry of […]

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365 views
FEATURED
Mining Index Zimbabwe
- March 30, 2021
365 views 3 mins

Diamond workers slam Labour Act violations

THE Zimbabwe Diamond and Allied Minerals Workers Union (ZDAMWU) has decried casualisation of labour in the mining industry. The union last week said employees were being engaged for several years on fixed-term contracts every month. In a letter addressed to the Public Service, Labour and Social Welfare ministry on March 2, ZDAMWU said the practice […]

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189 views
FEATURED
Mining Index Zimbabwe
- March 29, 2021
189 views 2 mins

ZMF appeals to Mzingwane RDC for a massive reduction in RDC levies

By Business Reporter – Monday 29 March 2021 ZMF NEWS – (Mining Index) – THE Zimbabwe Miners Federation (ZMF) has written to Mzingwane Rural District Council (RDC) chief executive officer Ndumiso Mpofu appealing for a reduction of mining levies. Mzingwane RDC was charging approximately US$14 000 per annum and the ZMF pleaded for a massive […]

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255 views
FEATURED
Mining Index Zimbabwe
- March 29, 2021
255 views 7 mins

Oil deal strategic: President

The ZANU PF-led Government has made considerable progress in delivering on developmental projects and other election promises outlined in its manifesto despite disruptions caused by the coronavirus pandemic, President Mnangagwa has said. In his keynote address to the first session of the 115th ZANU PF Central Committee in Harare yesterday, the President said one of […]

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302 views
FEATURED
Mining Index Zimbabwe
- March 29, 2021
302 views 4 mins

New power plant to feed 25MW into national grid

A 13-kilometre power line linking Zimbabwe Zhongxin Electrical Energy (Private) Limited’s new plant in Hwange and Zimbabwe Power Company (ZPC) is being installed in readiness to start feeding the initial 25MW of electricity into the national grid in the next two months. The imminent commencement of coal-fired power generation will be done under the 50MW […]

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314 views
FEATURED
Mining Index Zimbabwe
- March 29, 2021
314 views 7 mins

Oil deals open to everyone

The signing of the petroleum exploration, development and production agreement with the Australian companies, is a deal with potential to make Zimbabwe one of the major oil producers if tests at Muzarabani deposits are successful. The investor has put in a lot of time and effort to determine the likelihood of natural gas and petroleum […]

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