301 views
FEATURED
Mining Index Zimbabwe
- March 15, 2021
301 views 4 mins

Jane Lusinga, braving mining challenges, but soldiering on

By Business Reporter – Monday 15 March 2021 WOMENS MONTH – PROFILES – (Mining Index) – “THE major bottleneck in any mining operation is adequate mining machinery. Without equipment we cannot manage. Lack of proper geological survey is also another setback as traditional survey methods that we use for surveys take time to locate gold […]

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145 views
FEATURED
Mining Index Zimbabwe
- March 15, 2021
145 views 5 mins

‘No need for many gold refineries’

There are no compelling reasons yet for Zimbabwe to increase the number of gold authorised refiners because its bullion output still falls far short of the minimum thresholds required to sustain the profitability of multiple refinery operators. This, though comes against the background that the only refinery in the country has at times failed to […]

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124 views
FEATURED
Mining Index Zimbabwe
- March 15, 2021
124 views 2 mins

Bid to end policy inconsistencies in mining

POLICY inconsistencies have been identified as one of the contributing factors to corruption in the mining sector. According to the African Growth Initiative, Zimbabwe is estimated to have lost around US$32,179 billion in the past two decades which is approximately US$1,5 billion per annum. In an online executive dialogue on corruption in Zimbabwe’s mining sector, […]

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265 views
FEATURED
Mining Index Zimbabwe
- March 15, 2021
265 views 4 mins

Women in mining communities challenge inequalities

WOMEN in mining communities have stepped up to challenge their exclusion in decision making processes on environmental issues that affect them and to also ensure there is transparency and accountability in the governance of natural resources. These women have, as part of the International Women’s Day, been celebrated for their courage and resilience by the […]

3233 POSTS
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227 views
FEATURED
Mining Index Zimbabwe
- March 15, 2021
227 views 5 mins

Victoria Falls Stock Exchange needs US$3m guarantee fund

THE Zimbabwe Stock Exchange (ZSE) has said close to US$3 million is required to set up the Victoria Falls Stock Exchange (VFEX) settlement guarantee fund meant to instil confidence in investors. Dubbed the game-changer, VFEX was launched last year in October as part of Government’s efforts to transform the resort city into an off-shore financial […]

3233 POSTS
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167 views
FEATURED
Mining Index Zimbabwe
- March 15, 2021
167 views 6 mins

Global mining giants endorse Zim

Two global mineral extraction giants have endorsed Zimbabwe as a conducive mining investment destination, poised to attract billions of international capital on the back of friendly policies, stable and peaceful business environment. Australia Stock Exchange listed firm, Prospect Resources and New York Stock Exchange-listed Caledonia Mining Corporation, have become the latest leading international investors to […]

3233 POSTS
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404 views
FEATURED
Mining Index Zimbabwe
- March 15, 2021
404 views 9 mins

Tsingshan deal shows the way

THE rebuilding of Zimbabwe’s steel industry from scratch by Tsingshan Holdings Group, the world’s largest nickel and steel producer, is a direct result of the Second Republic’s investment drive, led in this case by President Mnangagwa himself, and possible because all the raw materials are readily available on site. Tsingshan is already involved in smelting […]

3233 POSTS
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588 views
FEATURED
Mining Index Zimbabwe
- March 15, 2021
588 views 2 mins

Metallon Gold to reopen 2 gold mines

METALLON Gold has invested US$33 million in the reopening of Redwing Mine and deepening of How Mine in a fresh bid to resuscitate its business empire. The decision by the Mzee Khumalo-run entity to reinvest in the two mines follows the arrest of Redwing Mine judicial manager Cecil Madondo on fraud charges after he allegedly […]

3233 POSTS
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210 views
FEATURED
Mining Index Zimbabwe
- March 15, 2021
210 views 6 mins

Govt mulls taskforce for Redwing

The government is contemplating setting up a task force to investigate the continued fight for the control of Redwing Mine in Penhalonga, which is currently under receivership, Business Times can report. Although the mine is controlled by Metallon Corporation, the government is concerned by the fights for the control of the mine in Manicaland province amid revelations […]

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117 views
FEATURED
Mining Index Zimbabwe
- March 12, 2021
117 views 3 mins

‘Most small-scale miners not registered’

EIGHTY-four percent of small and artisanal miners are not registered, their representative body has disclosed, which calls for efforts to formalise the operations in order to reduce the incidence of leakages. Zimbabwe Miners Federation (ZMF) chief executive Wellington Takavarasha, told a webinar on the status of the gold mining sector that only 16 percent of […]

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