444 views
FEATURED
Mining Index Zimbabwe
- March 16, 2021
444 views 4 mins

A US$33 million chest has been set aside for the revival of Metallon Gold’s two gold mining assets that have run into viability problems largely due to lack of capital, The Herald Business and Finance has established. Metallon was at one-time Zimbabwe’s largest gold producers, thanks to output from its mining assets which included How […]

224 views
FEATURED
Mining Index Zimbabwe
- March 16, 2021
224 views 4 mins

THE Victoria Falls Stock Exchange (VFEX) says it expects more listings this year and continues to roll out investment campaigns targeted at potential players. SeedCo International is so far the only listed company on the foreign currency-denominated bourse, which was officially launched last October. VFEX has since set a virtual mining masterclass targeting mining companies […]

173 views
FEATURED
Mining Index Zimbabwe
- March 16, 2021
173 views 4 mins

MINERS have expressed excitement after the Government granted a total of 25 Exclusive Prospecting Orders (EPOs), which are expected to unlock new opportunities for the sector. The issuance of EPOs is critical in allowing international mineral explorers to scan through the country’s belly in search of minerals and producing bankable exploration results that can attract […]

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

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 […]

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

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 […]

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

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, […]

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

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 […]

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

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 […]

180 views
FEATURED
Mining Index Zimbabwe
- March 15, 2021
180 views 6 mins

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 […]

440 views
FEATURED
Mining Index Zimbabwe
- March 15, 2021
440 views 9 mins

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 […]