296 views
FEATURED
Mining Index Zimbabwe
- March 10, 2021
296 views 3 mins

IPPs struggle to produce power

NDEPENDENT power producers (IPPs) are only feeding 135,8 megawatts (MW) into the national grid, about a decade since government started granting private players licences to produce electricity. According to a report released by the Parliamentary Portfolio Committee on Energy and Power Development, government has issued IPP licences that are enough to generate 6 858,65MW. The […]

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476 views
FEATURED
Mining Index Zimbabwe
- March 9, 2021
476 views 3 mins

Success story of a Penhalonga gold miner – Susan Chimbunde-Dumbura

By Business Reporter – Tuesday 9 March 2021 WOMEN’S MONTH – PROFILES – (Mining Index) – SHE is a small scale successful gold miner in Penhalonga, Manicaland province who has, since 2004 when she started mining, invested a substantial amount of money in her mining business. Her name is Susan Chimbunde-Dumbura. According to Dumbura, patience […]

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275 views
FEATURED
Mining Index Zimbabwe
- March 9, 2021
275 views 4 mins

Prioritise interest groups in mining: ZMF

The Zimbabwe Miners Federation (ZMF) has implored its membership and Government to consider special interest groups such as women and war veterans in their mining ventures and signing off of mineral rich titles to ensure they also benefit from the country’s huge mineral endowment. ZMF is the umbrella body that represents small scale miners. Government […]

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214 views
FEATURED
Mining Index Zimbabwe
- March 8, 2021
214 views 4 mins

From artisanal to executive miner – meet Blessing Hungwe

By Business Reporter – Monday 8 March 2021 WOMENS MONTH – PROFILES – (Mining Index) – FROM an artisanal miner, climbing to the top echelons of power, becoming the first small scale female miner in Zimbabwe to be given the platform to speak to mining executives of large scale mines, sharing how women can add […]

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82 views
FEATURED
Mining Index Zimbabwe
- March 8, 2021
82 views 2 mins

Platinum upstages gold

Platinum has maintained its foothold as the cornerstone of the mining sector as it was the largest foreign currency generator in 2020 on the back of stability in the sub-sector. According to official data obtained from the Reserve Bank of Zimbabwe (RBZ) exports receipts for platinum hit US$1.8bn while gold raked in US$994.7m. In fact, […]

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204 views
FEATURED
Mining Index Zimbabwe
- March 8, 2021
204 views 4 mins

Mining on track to meet US$12bn targets

THE mining sector is on track to meet the target of generating US$12 billion annual revenue by 2023, Mines and Mining Development Minister Winston Chitando has said. The ministry is presently carrying out an assessment of performance of the industry since the launch of the policy in 2019, set to be released at the end […]

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204 views
FEATURED
Mining Index Zimbabwe
- March 8, 2021
204 views 3 mins

Zim’s gold loses glitter

Zimbabwe’s gold export receipts plummeted 46% to record US$53.1m in January 2021 from US$98.1m during the same month last year due to delays in payments and heavy rains, the Reserve Bank (RBZ) has said. With heavy rains, delays in payments, gold export receipts are likely to plunge further this year, according to industry players. “Gold […]

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404 views
FEATURED
Mining Index Zimbabwe
- March 4, 2021
404 views 8 mins

20 years’ experience and expertise selling mining equipment, Rudo Muzamani

By Business Reporter – Thursday 4 March 2021 WOMENS MONTH – PROFILES – (Mining Index) – SELLING mining equipment has traditionally been considered a masculine job. But Rudo Sarah Muzamani, sales manager at Appropriate Technology Africa (ATA) has defied the odds, to become a force to reckon with in the provision of mining equipment and […]

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457 views
FEATURED
Mining Index Zimbabwe
- March 4, 2021
457 views 2 mins

Bikita Minerals upgrades plant

Zimbabwe’s largest lithium miner, Bikita Minerals has upgraded its plant which will now be able to beneficiate its own lithium ore and that of other players in the country. The development comes at a time when Zimbabwe is being touted as a future major source of lithium. “The entire plant at Bikita is now dedicated […]

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233 views
FEATURED
Mining Index Zimbabwe
- March 4, 2021
233 views 4 mins

Forex auction helps Zimplats save US$5,5m

ZIMBABWE’S largest platinum miner, Zimplats became one of the earliest beneficiaries of the forex auction system introduced by the central bank last year after reducing exchange losses by US$5,5 million during the half year ended December 31, 2020. Zimplats’ financial statements showed the group recorded net foreign currency exchange losses of US$0,1 million compared to […]

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