360 views
FEATURED
Mining Index Zimbabwe
- December 4, 2018
360 views 2 mins

Only 4 companies approved to explore and mine diamonds – Zimbabwe National Diamond Policy

By Business Reporter HARARE (Mining Index) – CABINET has approved the much awaited National Diamond Policy, giving only four companies rights to explore and mine diamonds in Zimbabwe. The Zimbabwe Consolidated Diamond Company (ZCDC), Murowa Diamonds including two other companies, yet to be named will be mandated to explore and mine diamonds in the country. […]

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265 views
FEATURED
Mining Index Zimbabwe
- November 26, 2018
265 views 3 mins

Multi-billion dollar Zimbabwean gas project lying idle

 By Features Reporter ANALYSIS (Mining Index) –  FOUR years later after discovery of coal bed methane in Matebeleland North province, Zimbabwe still sits on this multi-billion dollar project, while the country continue to battle to supply power to its domestic users, largely bailed out by electricity imports from South Africa and Mozambique. Coal-bed methane natural gas […]

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164 views
FEATURED
Mining Index Zimbabwe
- November 23, 2018
164 views 8 mins

Extractive Industries Transparency Initiative (EITI) only tracks mineral revenue, not expenditure

By Features Reporter ANALYSIS – (Mining Index) –IT is a noble idea for Zimbabwe to join the Extractive Industries Transparency Initiative (EITI), but it is another story as subscribing to the world body is not the overall panacea to bottlenecks affecting Zimbabwe’s mining sector. Control over mineral revenue is one of the main stumbling blocks […]

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460 views
FEATURED
Mining Index Zimbabwe
- November 23, 2018
460 views 6 mins

Mining highlights from the 2019 national budget

 By Business Reporter HARARE (Mining Index) – THE 2019 national budget spelt out a cocktail of measures aimed at improving the mining sector, with US$15.4 million allocated to the sector. “It is critical that we move along with other countries in this agenda, and hence I propose to allocate US$15.4 million to the Ministry of […]

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6508 views
FEATURED
Mining Index Zimbabwe
- November 20, 2018
6508 views 8 mins

Tantalum, Uranium – potential nuclear electricity sources for Zimbabwe

 By Business Reporter HARARE (Mining Index) – CLASSIFIED as a metal and an excellent conductor of heat and electricity, tantalite is a heavy, hard, blue-grey or black shiny mineral found in granite rocks. While this metal is a key ingredient in the manufacture of mobile phones, DVD players, video cameras, personal computers, video game systems, […]

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390 views
FEATURED
Mining Index Zimbabwe
- November 19, 2018
390 views 2 mins

MMCZ mineral tonnage up 15% in 3rd quarter of 2018

 By Business Reporter HARARE (Mining Index) – THE third quarter of 2018 saw the Mineral Marketing Corporation of Zimbabwe (MMCZ) generating overall mineral tonnage of 1,380,466 metric tonnes, up 15% relative to the same period in 2017. The growth in mineral tonnage positively affected the corporations overall mineral revenue, which grew 6 percent to realise […]

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282 views
FEATURED
Mining Index Zimbabwe
- November 16, 2018
282 views 3 mins

RBZ comes to RioZim’s mercy; introduces measures to incentivise large-scale gold producers

By Business Reporter HARARE (Mining Index) – FOLLOWING closure of RioZim’s three mines in September this year, the mining giant has announced that the Reserves Bank of Zimbabwe (RBZ) has committed to introduce a raft of measures aimed to support and incentivise gold producers in Zimbabwe. Large scale miners will now retain 55 percent of […]

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231 views
FEATURED
Mining Index Zimbabwe
- November 16, 2018
231 views 5 mins

Caledonia’s production, net cash and gross profit decline in last quarter

 By Business Reporter HARARE (Mining Index) – CALEDONIA Mining Corporation’s gold production, net cash and gross profit was down in the last quarter of 2018 relative to same period in 2017. Commenting on the results for the third quarter of 2018, Chief Executive Officer Steve Curtis said gold production was 2.9 per cent below compared […]

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272 views
FEATURED
Mining Index Zimbabwe
- November 14, 2018
272 views 3 mins

Caledonia Mining Corporation switches to reality mode, admits monetary flaws can potentially affect its Blanket Mine

By News Editor HARARE (Mining Index) – CALEDONIA Mining Corporation has now shifted its gear into reality mode regarding its position on the monetary situation in Zimbabwe, saying if the status quo remains unabated, it will potentially have adverse effects on the operations of its Zimbabwean subsidiary, Blanket Gold Mine. This is despite the mining […]

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322 views
FEATURED
Mining Index Zimbabwe
- November 13, 2018
322 views 3 mins

National Diamond Policy – survey expectations

By Business Reporter HARARE (Mining Index) – THE much awaited National Diamond Policy is set to be pronounced within the next fortnight amid high expectations from industry to improve governance of diamond mining to create a level playing field in the sector. The announcement of this legislative framework which was initially pencilled for June 2018, […]

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