News

A Chinese investor is looking at exploring for iron deposits in Rushinga District in Mashonaland Central province where preliminary studies have confirmed the presence of a massive resource, an official said. The investor, which already runs steel smelters in China’s city of Handani where mills are under pressure to cut production as part of measures […]

Invictus Energy, the Australia Stock Exchange (ASX) listed firm exploring for oil and gas in Muzarabani, has commenced field operations in preparation for drilling of two test wells later next year. The junior exploration company said it had embarked on the field operations in October following approval of its environmental management plan, easing of Covid-19 […]

Extensive resource definition and quantification works being undertaken by Russian firm, Alrosa, at the Malipati Diamond Project in Matabeleland South, have revealed a rare and high value species of diamonds that have potential to change the face of Zimbabwe’s gem industry. Alrosa, the Russian diamond behemoth, is the world’s largest gem miner with an annual […]

The long court hearings over the bail applications by Henrietta Rushwaya and her four co-defendants held on charges of attempting to smuggle 6kg of gold continued in their second week yesterday. One of the CIO security officers accused of escorting Rushwaya through the VIP route at Robert Mugabe International Airport tried to cast doubt over […]

By Simiso Mlevu  . . . as Redwing Mine is turned into an artisanal mining field AN ENVIRONMENTAL catastrophe is rapidly engulfing the mining town of Penhalonga, in Mutasa District, Manicaland Province. Random open cast mining by scores of syndicates, destruction of fields belonging to local peasant farmers, pollution of Mutare River and invasion of […]

GOVERNMENT yesterday said it would anchor its US$12 billion mining industry economy on a rare and more expensive type two diamond set to be mined in its Malipati Diamond Projects in Matabeleland South and Masvingo provinces. This was revealed yesterday by Mines minister Winston Chitando during a tour of Malipati Diamond Projects in Beitbridge. The […]

THE Zanu PF Mashonaland West provincial chairperson and Justice minister Ziyambi Ziyambi has been sucked into a gold mine ownership wrangle in Chegutu amid reports he could have abused his office to armtwist the David Whitehead Textiles Ltd judicial manager Knowledge Hofisi to grant him a mining consent letter. This followed reports that Hofisi had […]

HENRIETTA Rushwaya and Pakistani businessman Ali Muhamad are willing to accept stiffer bail conditions than those originally proposed while awaiting trial on charges of attempting to smuggle gold to Dubai and associated charges. Rushwaya, through her lawyer Mr Tapson Dzvetero, said she was prepared to deposit $90 000, surrender title deeds to one of her […]

By Business Reporter – Monday 9 November 2020 BINDURA Nickel Corporation (BNC) Managing Director Batirai Manhando has stepped down from the reigns of the nickel giant. “Confirmed yes,” said Manhando while speaking to Mining Index, but said it was too early to disclose his future endeavors saying “Will let you know in due course.” He […]

FIRST Lady, Auxilia Mnangagwa has issued a statement refuting claims that she and one of her sons, Collins, were involved in Henrietta Rushwaya’s gold smuggling case. This follows one Gift Karanda’s interventions at the airport claiming the gold belonged to the First Lady when Rushwaya was intercepted by authorities. It is further reported that Karanda […]