News

The Minister of Mines and Mining Development Hon Winston Chitando has in terms of section 403 of the Mines and Minerals Act [Chapter 21:05] raised mining fees by over 800 percent pegging the fees against the United States Dollar. An Ordinary prospecting licence that was previously pegged at RTGS$1000,00 has been raised to US$100,00 about […]

Chinese company, Tutu, will invest US$80 million in building a coke oven battery in Hwange as it targets export markets for coke products, it’s director Mr David Zou said yesterday. Tutu is a member of a group of Chinese companies, which also includes Chilota Collieries already mining fossil fuel in Hwange. Chilota produces coal for […]

Using his political muscle, the councillor had allegedly hired thugs to grab the mine from Twin Castle Resources last year, forcing the company to approach the Mines ministry for redress.GOVERNMENT has ordered a Zanu PF councillor in Mutare North constituency, Luckson Mawangato vacate a gold mine in Odzi that he had grabbed from Twin Castle […]

ZIMBABWE civic groups have questioned the rationale and morality of granting tax incentives to extractive companies in the midst of a harsh economic crisis characterised by deep-seated poverty currently stalking citizens. In a joint statement yesterday, the civic groups said it was reckless for the government to grant a five-year tax holiday to Great Dyke […]

THE Ministry of Mines and Mining Development would hold weekly meetings with the Zimbabwe Miners Federation (ZMF) representatives with the view to addressing challenges facing small-scale miners in the country. The engagement outcome is set to enhance improved mining operations and assist the country towards realising the US$12 billion mining economy by 2023. Under the […]

Five miners are missing after their shaft was flooded with water from heavy rains at a Mine in Mayflower near Kadoma. Zimbabwe Miners Federation (ZMF) youth in Mining chairman Timothy Chizuzu and Mashwest Regional Rep Dr Chiedza Chipangura have confirmed the development and said efforts are currently underway to pump water from the shafts to […]

By Business Reporter –Tuesday 16 February 2021 HARARE (Mining Index) – DURATION Gold instituted a gold mining scheme for artisanal and small-scale miners to work on its gold claims as cooperatives. Interviews conducted by Zimbabwe Environmental Lawyer Association (ZELA) with artisanal miners indicated that Duration Gold started a new program to promote formal mining by […]

ALROSA Zimbabwe Limited (Alrosa Zim) intends to increase the number of its diamond concessions in the country to 40 from the existing 25. The company is jointly-owned by the State-owned diamond mining firm — Zimbabwe Consolidated Diamond Company (ZCDC) and the world’s largest diamond producer, Alrosa, which is headquartered in Russia. In 2020, Alrosa Zim […]